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...currency traders loved. No longer, it seems. "The yen has become the least obvious carrying currency," says Credit Suisse's Desbarres, mainly because the near-zero interest rates Japan once exclusively offered are now available from central banks across the globe. Ironically, the yen today looks relatively strong compared to the dollar, making it more expensive to borrow and so riskier to carry. "Even though interest rates are low everywhere as global demand gradually picks up, we think the yen will strengthen," predicts Credit Suisse's Desbarres. Economic growth in the U.S. appears so sluggish, by contrast, that Credit Suisse...

Author: /time Magazine | Title: Who Loves the Weak Dollar? Currency Traders | 9/30/2009 | See Source »

...billion of the $787 billion that Congress approved in stimulus spending in February. Much of the rest of the money is due to be spent in 2010. As of now, the stimulus spending looks to be having a positive affect on the economy. If that continues, 2011 could be strong as well. If the stimulus affect peters out - or worse, causes hyper-inflation, as some worry - 2011 could be a year when economists and analysts eat a big slice of humble...

Author: /time Magazine | Title: Economic Forecasting: A Foggier View Than Ever | 9/29/2009 | See Source »

Considering the team’s strong evidence, those professors who believe there is no such thing may just have to concede defeat...

Author: By Erika T. Butler, CONTRIBUTING WRITER | Title: Talent Runs in the Family | 9/29/2009 | See Source »

...involving Knox. Responding to charges of shoddy work, Stefanoni tartly told an Italian newspaper recently, "Given the fact that DNA doesn't know how to fly [that is, get from one place to another on its own], it is impossible that the samples would have been altered." (Read "How Strong Is the Evidence Against Amanda Knox...

Author: /time Magazine | Title: The Tough Women of the Amanda Knox Case | 9/29/2009 | See Source »

...There are indications that investor interest may not be as strong as expected. The Shenzhen Stock Exchange says less than 200,000 GEM accounts have been opened, far fewer than anticipated. But there are reports of queues in Beijing and Shanghai, where some brokerages say they have extended working hours to accommodate demand. Because GEM companies are seen as riskier than those on other boards, only longtime investors are encouraged to participate, although brokerages can register those with less than two years' investing experience on a case-by-case basis...

Author: /time Magazine | Title: Why China's Nasdaq Is No GEM | 9/28/2009 | See Source »

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