Word: succession
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...when China linked its currency to the dollar in the early 1990s, it was out not to create trade surpluses but to carve out a bit of stability in turbulent global currency markets. During the emerging-market currency crises of 1997 and 1998, China's success in keeping the yuan fixed at 8.3 yuan to the dollar was applauded in the West as a major contribution to averting financial chaos. Since 2005, China has been willing to allow the yuan to appreciate a bit (the current exchange rate is 6.8 yuan to the dollar). It just hasn't been willing...
...biggest thing to hit the municipal-bond market in a generation," says Amy Resnick, the editor in chief of The Bond Buyer, which tracks the muni market. "It's clearly been a success as a means of stimulating the economy...
...final match of the 2009-10 campaign, Harvard faced Princeton, a team it had previously defeated. But on Saturday, the Crimson was unable to duplicate its earlier success and fell to the Tigers at Princeton’s Dillon Gymnasium with scores...
However, fighting with the administration will not be enough to guarantee success for the next leaders of the UC. In a year when the UC’s agenda will be severely constrained by budget cuts, the UC must be able to move ahead with tangible measures that will improve student life. Both of us are particularly impressed by Johnny and Eric’s commitment to political activism and public service. With the 2010 midterm elections approaching, we especially appreciate their commitment to supporting student groups of every political persuasion who want to travel to competitive states like...
...Especially in this environment where you’re away in college, you value your teammates a lot more, because they’re not just your teammates but also your friends. I think that’s probably one of the most fundamental reasons for our success, the fact that we’re teammates both on and off the field...