Word: use
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Dates: during 2000-2009
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...almost level gait, thus reducing the up and down motion that makes a bundle seem to weigh more on every downward bounce. Spence suggests that the same concept could be applied to improve the performance of artificial legs. "It's not crazy to say you'd be able to use this to build better prosthetic limbs for people. If you're trying to build a prosthetic limb to handle a bumpy environment, this should help," he says...
...players make the real difference—a difference that might be correlated, in part, with the advice of a batting or pitching coach, but not with the more bureaucratic manager. It’s true that a manager does make strategic decisions about how to use that talent; the foundation of his job description includes fitting together a lineup and deciding when to make mid-game substitutions, especially of the pitcher. But while strategic decisions may turn the tide in one or two games, they’re hardly enough to mean the difference between a good team...
...familiar complaint that the greenback needs to be replaced as the world's de facto reserve currency. China usually suggests some "supranational" currency as a dollar substitute, to protect it against instability that could arise from any one country's errant economic policies. A favorite suggestion is the use of Special Drawing Rights (SDRs), the unit of account at the International Monetary Fund...
...There are signs, though, that Beijing may be slowly changing its policy toward the yuan in ways that could, over time, lead to its greater use on a global scale. Most notably, China and Hong Kong launched a pilot program this month through which Hong Kong banks can begin settling cross-border trade transactions in yuan for selected Chinese companies. This step will likely increase the use of yuan in Hong Kong, one of the world's premier financial centers. (The program also solidifies Hong Kong's role as China's chief financial hub.) This step follows a series...
...China's motivations to boost the global standing of the yuan stem from the same concerns as its calls for a new reserve currency. Greater use of the yuan in trade would improve the competitiveness of Chinese exporters by reducing transaction costs and currency risks. By internationalizing the yuan, says HSBC's Qu, China can also begin extricating itself from the "dollar trap," in which the country, through its trade, amasses giant surpluses of dollars, which forces it to invest in dollar assets. This is why China, which holds $805 billion in U.S. Treasury securities, is the U.S.'s largest...