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...trade in question is known as the "dollar carry trade" because it allows traders to borrow dollars at low rates while investing in another currency that offers a significantly higher short-term yield. One factor behind its growing popularity in Asia is because the other side of the trade - the currency one buys with the dollars one cheaply borrows - are mostly to be found in the Asia-Pacific region. Most coveted, according to traders, are the Australian dollar, the Indonesian rupiah, and even the infrequently circulated Sri Lankan rupee...

Author: /time Magazine | Title: Who Loves the Weak Dollar? Currency Traders | 9/30/2009 | See Source »

...however, Borlaug found a wheat strain with a unique genetic trait: the stalk became stubby, but the seed heads would stay large. When Borlaug transferred the gene into tropical wheat, he created a plant that could yield huge heads of grain while maintaining stable growth rates. Using Borlaug's seeds, farmers could produce four times as much wheat per acre. The discovery ignited the Green Revolution that helped eradicate famine in much of the world and earned Borlaug the 1970 Nobel Peace Prize. His work saved hundreds of millions of lives, and today half the world eats grains descended from...

Author: /time Magazine | Title: Norman Borlaug | 9/28/2009 | See Source »

Milk has many beneficial qualities, but being a good fertilizing agent is not one of them. The millions of liters of milk that dairy farmers dumped on fields in France, Germany, Belgium and other European countries on Monday, Sept. 21, won't yield a bountiful harvest, but the farmers hope that the protest will at least raise awareness of their plight...

Author: /time Magazine | Title: Europe's Farmers Spill Milk to Decry Tumbling Prices | 9/21/2009 | See Source »

...plant keeps its natural defenses. "This research potentially opens the door to utilizing safely the more than 40 million tons of cottonseed produced annually as a large, valuable protein source," says Norman Borlaug, an American agronomist who won the Nobel Peace Prize in 1970 for developing high-yield wheat varieties that have helped increase the world's food supply...

Author: /time Magazine | Title: Hungry? How About Some Protein-Rich Cotton... | 9/14/2009 | See Source »

...home through the use of tax credits. His plan stands in contrast to President George W. Bush’s deregulatory approach and harks back to the push to bring electricity and indoor plumbing to rural America in the mid-20th century. The goal is admirable, but may not yield much progress. Top ISPs have responded with a plan to simply redefine FCC’s definition broadband at a lower speed and introduce a three-tiered access system that could force consumers to pay more to receive the same connection speeds. Some providers have made efforts to provide bundled...

Author: By Adam R. Gold | Title: Building a Better Internet | 9/13/2009 | See Source »

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