Word: roaches
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...Hans-Werner Sinn, chief of the German IFO economic think tank, said last week that he foresaw the euro reaching parity with the dollar by year's end. "The euro will continue to climb and without difficulties can reach a dollar," Sinn told Reuters news agency. Stephen S. Roach, an economist for Morgan Stanley, said it's not whether the dollar will fall but by how much. "Our currency team believes the dollar is almost 15% overvalued - a classic setup for a fall," Roach said. Up to now, everyone assumes the path will lead to a soft landing...
...swallow pesticide for $460? That's what dozens of college-age Nebraskans did in 1998 after reading a school-newspaper ad urging students to "earn extra money." They called 402-474-PAYS, signed a seven-page consent form and popped a pill loaded with the active ingredient in Raid roach spray. Dow AgroSciences commissioned the trial to vouch for the safety of one of its top-selling bug killers, chlorpyrifos...
...reform plans. Funded in part by the Department of Health and Human Services since the Clinton Administration, the report charts the effects of 1996 welfare reforms on more than 700 mothers and their young children. The overall picture is bleak. While mothers' earnings rose modestly, many still lived in roach-infested housing, had to skimp on food and spent fewer hours singing and telling stories to their children. One bright spot: toddlers in day-care centers cognitively outpaced their peers in home settings by three months or more...
...Disturbed’s “Down with the Sickness.” “Excess” is the best of the three–it is the most subtle song on the album, and at the same time, the most sinister. Papa Roach also pitches in with a surprising little song called “Dead Cell...
...both subjects. On Thursday, for example, Martin Wolf of the Financial Times moderated the annual update on the world economy, with a cast of analysts from China, Japan, the U.S., Britain and Germany. For those convinced that a strong recovery in the U.S. is already under way, Stephen Roach, chief economist of Morgan Stanley, had a pitcher of cold water ready, pointing out that no economy had ever been able to maintain a buoyant recovery from a recession while running such an enormous deficit on the current account, and while household and corporate balance sheets are overloaded with historically-high...