Word: yen
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Dates: during 2000-2009
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...possible, though, that this isn't merely wishful thinking? Japan, which a few months ago was widely considered to be on the verge of crisis, does in fact seem to be experiencing an old-fashioned, export-driven boost from a surprisingly buoyant U.S. economy and the weakening of the yen this year. Exports in April showed the first year-to-year increase in 13 months, and Japan's trade surplus, which has been steadily declining, grew again in the country's favor. Manufacturing and trade throughout Asia are perking up?economists are projecting Korea's 2002 gdp growth will near...
...Japan is on the mend due primarily to U.S.-led demand for exports, the country could be poised for more pain. For one thing, the yen has been strengthening against the dollar, making Japanese exports less of a bargain overseas. That caused the Bank of Japan to go on a dollar-buying binge last week to keep the yen in check. Plus, there's no consumer boom inside Japan to take up slack if the U.S. recovery stalls. Businesses, operating with excess capacity, still aren't investing in new machinery, factories or technology, nor are they hiring. Unemployment remains high...
...than when he's talking about monetary policy. But what the U.S. Treasury Secretary suggests about the dollar matters a lot, because it affects all those things - trade, aid, the economy - that his trip with Bono to Africa is about. As the dollar hit five-month lows against the yen and slouched to around 92? to the euro, it became clear that O'Neill had abandoned the Clinton Administration's strong-dollar policy to let the markets rule. A strong dollar makes it cheaper for America to buy imports and expensive for others to buy American goods, which...
...Swans became a global publishing sensation, booksellers have decided that the Beautiful Chinese Literary Heroine is a golden goose. I don't know if there's an official literary term for this genre yet, but let's call it Chinese Chick Lit. If you look at books like Adeline Yen Mah's Falling Leaves and Anhua Gao's To the Edge of the Sky, you'll find a basic formula: a feisty, exotically gorgeous woman suffers hell. Hell comes in the form of an oppressive regime (usually the Cultural Revolution) or through abuse inflicted by male power figures (heartless fathers...
...Dunster, Vanessa G. Henke ’02, Susie Y. Huang ’02, and Rachel E. Ahern ’02; from Winthrop House, Mekhala Krishnamurthy ’02, Narie J. Yoo ’02, John M. Gansner ’02 and Jeremy Chao-Yen Hwang...