Dec 24, 2007 -
The sharp decline of the U.S. dollar since 2000 is affecting a broad swath of the world's population, with its drop on global markets being blamed at least in part for misfortunes as diverse as labor strikes in the Middle East, lost jobs in Europe and the end of an era of globe-trotting rich Americans.
It marks a shift for Americans in the global economy.
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Mar 21, 2009 -
Dollar Declines Most Since 1985 Plaza Accord on Fed Bond Buying
By Ye Xie
March 21 (Bloomberg) -- The dollar dropped the most against the currencies of six major U.S. trading partners since the Plaza Accord almost a quarter-century ago as the Federal Reserve’s plan to purchase Treasuries spurred speculation that it’s debasing the greenback.
“What it introduces is the problem of the currency to the extent that the Fed is buying what isn’t desired by foreign holders,” said Bill Gross, co-chief investment officer of Pacific Investment Management Co., in an interview on Bloomberg Television on March 19.
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Mar 09, 2009 -
A Rising Dollar Lifts the U.S. but Adds to the Crisis Abroad
By PETER S. GOODMAN (THE NEW YORK TIMES)
Published: March 8, 2009
As the world is seized with anxiety in the face of a spreading financial crisis, the one place having a considerably easier time attracting money is, perversely enough, the same place that started much of the trouble: the United States.
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Jan 17, 2009 -
Arab investors have lost 2.5 trillion dollars from the credit crunch, Kuwaiti Foreign Minister Sheikh Mohammad al-Sabah, whose country hosts an Arab economic summit next week, said on Friday.
"The Arab world has lost 2.5 trillion dollars in the past four months" as a result of the global financial crisis, Sheikh Mohammad told a press conference following a joint meeting of Arab foreign and finance ministers in Kuwait.
He also said that about 60 percent of development projects "have either been postponed or cancelled" by the six-nation Gulf Cooperation Council (GCC) states because of the global meltdown.
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Apr 30, 2009 -
The Trillion Dollar Fix
by Megan McArdle (Atlnatic Magazine)
Facing the biggest financial crisis of our generation, the Obama administration has certainly been busy. In the first hundred days, the administration has pushed through the largest stimulus package in U.S. history, steered Chrysler and GM toward a managed reorganization, and stress tested our banking system.
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Oct 30, 2008 -
NEWS from CPSC
U.S. Consumer Product Safety Commission
Office of Information and Public Affairs
Washington, DC 20207
FOR IMMEDIATE RELEASE
October 15, 2008
Release #09-012
Firm's Recall Hotline: (800) 678-9258
CPSC Recall Hotline: (800) 638-2772
CPSC Media Contact: (301) 504-7908
Toy Boats Recalled Due to Burn Hazard
WASHINGTON, D.C. - The U.S.
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Dec 20, 2008 -
THINGS FROM THE DOLLAR STORE
You never know what you will find at the dollar store. What have some of your favourite finds been?
Looking for a bargain on a dental mirror and pick?
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Dec 14, 2008 -
The article below is very depressing. Read at the risk of being totally distraught over this countries current economic policies.
U.S.
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Oct 16, 2008 -
Jay Leno has an extensive car collection. Aside from his TV gig as host of the Tonight Show, it’s what he’s best known for these days, even having an internet segment through NBC called Jay’s Garage. Not only does he have a lot of them, he has a rare and valuable collection.
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Jul 01, 2008 -
Shakira is about to become a whole LOT richer. Shakira is reportedly in talks with Live Nation for a $70 million dollar deal in which she'll be obligated to release another English-language studio album next Spring.
According to the New York Post, Shakira has agreed to terms including recording, touring, merchandising and other rights.
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