Word: weaknesses
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...weak dollar is helping America's exports. But it is also spooking holders of U.S. debt, whose continued purchases of U.S. Treasury bills allow Washington to fund its deficit spending. Last week, the International Monetary Fund (IMF) announced that the Reserve Bank of India had bought 200 tons of IMF gold reserves, the biggest single purchase by a central bank in 30 years. That pushed the price of gold past $1,100 an ounce, the latest record breaker in a string of new highs, as the market anticipated gold buying by other central banks to hedge against a falling dollar...
...dollars they already hold. Dumping dollars on world markets would only depress its value further, undermining nations' own reserves. "Central banks will continue to get out of dollars on the margins, but they don't want to be seen selling dollars hand over fist," Englander says. Besides, with economies weak and interest rates at low levels throughout the industrialized world, there is a lack of better choices. "The dollar may not be attractive, but when you look at the alternatives, nothing is that exciting," says Englander...
...featuring its galloping drumbeat and Middle Eastern-sounding, snake charming guitar lines that rhythmically shift to accomadate the addition of space age synths. Casablancas’ experimental instincts add a much-needed dose of variety to the album, seeing as many of his other tracks end up sounding like weak Strokes B-sides...
There were a few moments when I was certain that I was going to die, like absolutely certain—too weak and feeble even to call home and tell my parents I was sorry for all the awful things I’d done to my sister. With nausea so vicious I stopped moving oxygen into my body, literally blacking-out every few minutes on account of all the coughing, I was sure going any longer without medicine would kill me. Luckily my meal arrived, containing with it two aspirins. They didn’t alleviate much...
...details. The Afghan strategy review has been too public and taken too long; the Middle East peace hunt has become a wild goose chase. A letter to Iran's Supreme Leader is a productive gesture only if it gets a response; if it doesn't, it seems weak and supplicatory. A call for the Israelis to freeze settlements is effective only if it is accompanied by the credible threat of a reduction in aid. "You can't be seen pushing countries around - demanding [that] Israel freeze settlements, demanding that Hamid Karzai reform his government - and not get results," says Leslie...