Word: sideness
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...trade in question is known as the "dollar carry trade" because it allows traders to borrow dollars at low rates while investing in another currency that offers a significantly higher short-term yield. One factor behind its growing popularity in Asia is because the other side of the trade - the currency one buys with the dollars one cheaply borrows - are mostly to be found in the Asia-Pacific region. Most coveted, according to traders, are the Australian dollar, the Indonesian rupiah, and even the infrequently circulated Sri Lankan rupee...
...news is that to ameliorate the worst side effects of the carry trade, which if unchecked could make Asian exports too expensive to buy, Asian central banks have intervened in foreign exchange markets and done something they are loath to do: Actually increase the dollars in their foreign reserves. "Asian central banks are accumulating even more dollars," says Credit Suisse's Desbarres. According to Citigroup, China's foreign reserves ($2.13 trillion as of June, including forward currency contracts) have increased 11.9% since the collapse of Lehman Brothers in September, 2008. Hong Kong's foreign reserves have shot up by nearly...
Kutler continued on to orchestrate the Crimson’s second scoring opportunity seven minutes later. Kutler dribbled the ball up the left side of the field but was quickly trapped by a Crusader defender on the sideline. Cradling the ball with her back to the defender, Kutler wrapped the ball around and created enough space to get a pass off to Hagner as she cut to the goal. Hagner faked one way, then shot the other and planted the ball in the right corner of the net to give the Harvard a commanding 2-0 lead...
...system can attest, many students enrolled in traditional math and English courses spend each period praying for the bell to ring. Extending the school day and year without implementing significant curricular changes would only intensify this painful academic experience, possibly leading to earlier, more frequent dropouts. On the flip side, those who would otherwise checkout might find joy in playing basketball, painting, dancing, practicing the flute—activities that would improve their quality of life while also keeping them in a safe school environment. If these mandatory programs began early, in kindergarten and first grade, schools could capture children?...
...Sunday, she did it again, leading the Christian Democrats to a victory that sets her party up as the head of a new center-right government. But the CDU's probable coalition partner, the pro-business, liberal Free Democratic Party (FDP), could end up being a thorn in her side, especially if, as is likely, the smaller party pushes a reform agenda that challenges Merkel's slow and steady style...