Word: richarde
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SDRs were created to supplement the Bretton Woods currency regime, which was built around a dollar linked to gold. After President Richard Nixon decoupled the dollar from gold in 1971 and allowed it to float freely in currency markets, the subsequent dollar crash led to talk of establishing the SDR as global reserve currency. That faded when the high interest rates set by Federal Reserve Chairman Paul Volcker to throttle inflation lured foreigners back to the dollar in the early 1980s...
...Richard Cory, richer than a king, "fluttered pulses when he said,/ 'Good-morning,' and he glittered when he walked." And in the shocking final line of E.A. Robinson's famous poem, this outwardly ideal man "went home and put a bullet through his head...
...their doors, the dim lighting and dark wood of the gloomy house, which could be the perfect setting for the “Twilight” sequel, only perpetuate the rumors. “Don’t vampires live in Adams House?” asks Hunter M. Richard ’12. “It has like an aura of spiritual darkness...
...unprecedented level of global interdependence deepened the U.S. recession, but there is light at the end of the tunnel, according to the two professors of economics who lead a discussion on “The Global Impacts of the Financial Crisis” yesterday afternoon. International Economics Professor Richard N. Cooper said he was surprised by the extent of the damage wrought by the sub-prime mortgage crisis. “I don’t know of anyone who foresaw the ramifications of the sub-prime crisis through the whole economic system,” he said...
...latest of a series of attacks, a remote-controlled bomb ripped through a music shop in Peshawar on Monday night. The explosion came just hours after Richard Holbrooke, the Obama Administration's special representative to the region, and Admiral Mike Mullen, the Chairman of the Joint Chiefs of Staff, arrived in Islamabad for their first visit since Washington announced its new strategy for the region. The morning before, 22 people were killed by a suicide bomber outside a mosque in Chakwal, a Punjabi town known for its links to the army. And on Saturday night, six paramilitary soldiers died after...