Word: strongly
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...wait. Tohru Sasaki, chief currency strategist in Tokyo at JPMorgan Chase & Co., believes the dollar-yen exchange is reaching a sustainable average. "The yen's level until last year was abnormally weak. Now it's coming back to normal," he says. Compared to the mid-1990s, he says, the strong yen's negative impact on the Japanese economy is "not that large." To have the same effect as the postwar peak in 1995, the exchange rate would have to reach 48 yen to the dollar, he says, because the U.S. economy has experienced 40% cumulative inflation while Japan has remained...
...level, but even then it is difficult to predict what will happen. "What we're seeing is the unwinding of the yen carry trade," says JPMorgan Chase's Sasaki, referring to the practice of buying low-interest yen and investing it in high-yield currencies. "It's a very strong and powerful movement and it's difficult to stop it. I think that Japanese officials understand that and that's why they haven't intervened...
...disturbing: humanity's threshold for cruelty is, like everything else, situational. We seem wired to follow orders, even when they're harmful to others. In her chilling portrayal of Nazi middle-manager Adolf Eichmann, Hannah Arendt famously excoriated this impulse as "the banality of evil." Evil is way too strong a word for the conduct of this study's participants, but it seems clear that despite all of humanity's horror shows over the past decades, we aren't getting the message...
...President-elect found not only a scientist of the highest caliber, but someone who has been steeped in policy," wrote Bart Gordon, the democratic Tennessee representative who chairs the U.S. House Committee on Science and Technology, in an e-mail. "This is a strong message that science will no longer be kept at an arm's length in the White House...
...came out really wanting this win and really hungry,” sophomore forward Kate Buesser said.The team didn’t waste much time in the final frame. Four minutes into the period, Ryabkina took a pass from freshman Whitney Kennedy and, with a strong wrist shot from inside the right circle, sent it soaring past Clemis for the go-ahead goal.The assist was the first point of the rookie’s career.“After [Ryabkina] scored, the bench was really ignited. Everyone was just flying,” Buesser said. “We just...