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Commentators in Europe point out that the dollar's continued slide against most international currencies has largely been fueled by domestic American factors - notably the credit tension and business failures in the wake of the subprime crisis, and wider signs that the U.S. has or is entering into recession. But plummeting investor confidence in the American economy has only accelerated the greenback's erosion, which in a little over two years has depreciated from $1.1826 per euro in January, 2006 to Thursday's $1.56. The result is that products manufactured by companies paying euro-fixed salaries and supplies wind...

Author: /time Magazine | Title: Europe Longs for a Weaker Euro | 3/13/2008 | See Source »

...Search terms included Britney Spears, Anna Nicole Smith and Paris Hilton; Gordon Brown didn't feature - Tussaud's is a clunkier analog version of the same thing. It conducts its own polling among its patrons (most visitors come from Britain, Germany, India and the U.S.) and also conducts wider market research to decide exactly which prominent people, living or dead, should be immortalized in a kind of tallow known as "Japan wax". Popularity among the patrons was what won Bollywood star Salman Khan his Tussaud's debut in January. But a dip in popularity can see figures hustled off into...

Author: /time Magazine | Title: Fearful of Waning, Gordon Brown Seeks Waxing | 3/12/2008 | See Source »

...procedures, a Brown waxwork wouldn't be commissioned until after elections. (Brown inherited the job between elections, after Blair resigned.) A subsequent "significant swell of public support" for Brown triggered the request to Downing Street, says Lovett. That's a rare mismatch between Tussaud's own soundings and the wider world view, because opinion polls reflect no such swell - Labour, under Brown, has actually lost ground to the Tories...

Author: /time Magazine | Title: Fearful of Waning, Gordon Brown Seeks Waxing | 3/12/2008 | See Source »

...their readers, these editors wrote, “We did not see this article before it ran. We felt the same shock and outrage that the rest of the campus felt when they read the opinion Monday afternoon.” Hopefully the new opinions policy will allow wider review of controversial content so that all reservations can be expressed before publication...

Author: By The Crimson Staff | Title: The Power of the Press | 3/10/2008 | See Source »

...agreement to double the number of weekly cross-border passenger flights. There are currently 12 flights a week on the state-owned national carriers connecting Delhi and Lahore and Mumbai and Karachi. The new deal will allow up to three airlines from each country to fly between a wider range of cities including, possibly, between the two capitals. The agreement, a joint statement said, will improve "people to people contact, business and trade activities." Business people on both sides of the border have long argued that trade and investment could ease tensions between the two states...

Author: /time Magazine | Title: The India-Pakistan Thaw Continues | 3/10/2008 | See Source »

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