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...maybe not. In the past few weeks, another rival to the dollar - created in 1969 but dormant for most of the time since - has made a spectacular re-entry onto the world scene. It goes by the ungainly name of special drawing right (SDR), and it is the currency not of some foreign rival but of the Washington-based and traditionally U.S.-dominated International Monetary Fund (IMF). It isn't even really its own currency, since it derives its value from a "basket" that contains dollars, euros, yen and pounds. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: Why Supplanting the Dollar Would Be Good for America | 4/9/2009 | See Source »

...competed in the Oslo Olympics. She won the giant slalom, but it's her slalom victory that still amazes me today. In her first run, she missed a gate and had to backtrack to go through. She finished that run in fourth place. Yet her second run was so spectacular that her total time was good enough for a second gold medal, making her the first female skier to win two golds at the same Olympics. And she remains the only American female skier to have done so. Eight years later, at the Squaw Valley Olympics, she became the first...

Author: /time Magazine | Title: Andrea Lawrence | 4/9/2009 | See Source »

...Afghanistan seems a bit better than expected, Pakistan appears much worse. There are terrorist attacks - some quite spectacular - almost every day, but the fragile democratic government of Asif Ali Zardari, the widower of Benazir Bhutto, seems unwilling to admit the extent of the problem. "The terrorist threat is a cancer eating my country," Zardari told the small group of journalists accompanying the Mullen-Holbrooke mission, as he sat in his office, flanked by dramatic photos of his wife. It was a good line, but unsupported by anything resembling a strategy to combat the disease. When we asked about the role...

Author: /time Magazine | Title: Diplomatic Surge: Can Obama's Team Tame the Taliban? | 4/9/2009 | See Source »

...Stack-Babich added to his resurgence at the plate by flashing the leather in the outfield. The right fielder recorded the first and last outs of the ninth inning in spectacular fashion—chasing down a ball to make a spectacular sliding catch in foul territory, before gunning down a runner at the plate to preserve the deficit...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: NOTEBOOK: Too Many Mistakes Plague The Crimson | 4/2/2009 | See Source »

...leading off the fourth inning with a double and coming home on a single by junior Melissa Schellberg, who is also a Crimson sports editor. The Crimson added another run to its lead in both the fifth and sixth innings before closing the door on the Bulldogs with a spectacular five-run seventh inning.The Harvard pitching staff saw a solid performance from the mound as well. Freshman Julia Moore struck out three batters in three innings. Junior Dana Roberts relieved Moore and recorded the win, pitching a perfect fourth along the way. Vertovez contributed two perfect frames before junior Margaux...

Author: By Jessica L. Flakne, CONTRIBUTING WRITER | Title: WEB UPDATE: Crimson Takes Three of Four in Midweek Matchups | 3/29/2009 | See Source »

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