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After rising 7.7 and 10.5 percent in 2002 and 2003, respectively, the number of bachelor’s degrees awarded in economics rose 4.7 percent last year, to 16,141 nationally at the 272 colleges Siegfried surveyed...
...Thirteens on Thirteen Thirteen-year olds share their reflections Marissa Anderson Ariel DeNeve Jeffrey Dirkin Calvin Streit Haya Rios Jessica Gonzalez Duresny Nemorin Armaan Rowther Rose Buchberg Katherine Rack Joseph Charles Brandon Close Briana Katz...
Over the past year, wild speculation and furious debate have turned the future of the Chinese currency, the yuan, into the hottest and most polarizing topic in the global economy. Pegged to the U.S. dollar since 1994?meaning that when the value of the greenback rose or fell, so did the yuan's?China's currency had come to embody the industrialized world's fears of a hypercompetitive mainland staging a hostile takeover of global manufacturing. Led by the U.S., critics accused China of clinging to the dollar peg in order to keep the yuan artificially weak, making its exports...
...remain competitive with China's, central bankers throughout the region have been trying to keep their currencies from appreciating against the dollar?an increasingly difficult challenge as their economies strengthened. Yuan reform could remove the first log from the logjam?the Japanese yen, Korean won and Thai baht all rose against the greenback immediately after China revalued. And within an hour of Beijing's announcement, Malaysia ended its 7-year-old peg of the ringgit to the dollar, which was imposed during Asia's financial crisis to help stabilize the faltering economy. Malaysia had to move almost immediately after Beijing...
AFTERMATH The mushroom cloud over the city eventually rose about 8 miles (13 km). The Enola Gay's tail gunner could still see it when the plane was 350 miles (560 km) away...