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Heading abroad from the U.S. this summer? Consider packing a few extra dollars. Since early March, the greenback has fallen 11% against the euro and 17% against Britain's pound as investors who had sought out the dollar as a safe haven during the worst of the crisis now head for riskier assets. Throw in concerns over the U.S.'s spiraling deficit and calls from China for an alternative reserve currency, and "the likelihood is the dollar's going to remain under pressure," says Simon Derrick, head of currency research at Bank of New York Mellon in London...

Author: /time Magazine | Title: Outlook for U.S. Dollar Darkens | 7/2/2009 | See Source »

...Pound’s resting place is barely a tombstone. His plot is lined with a low marble border, and a large laurel bush dominates the space inside. Underneath, partially covered by ivy strands, is a small, marble plaque bearing the simple demarcation: “Ezra Pound.” In equal distance on the other side of the plot lies the plaque commemorating Olga Rudge, Pound’s long-term lover and intellectual companion. Passersby would not find the spot unless they knew that it simply had to be there, according to the map that underlines...

Author: By Emmeline D. Francis | Title: The Art of Contrast | 7/1/2009 | See Source »

...health-care dilemmas": The 800-pound gorilla in the room is medical-malpractice lawsuits. If those were brought under control, health-care costs would drop dramatically. Physicians would have no reason to practice "lawsuit prevention." But it won't happen. Most people in our government are lawyers. Robert K. Wismer, MILLERSVILLE...

Author: /time Magazine | Title: Inbox | 6/29/2009 | See Source »

...fallen sharply, the nation is betting on increased arrivals: this summer Icelandair will open up new routes to nine cities in Europe and North America. And VisitBritain, the official U.K. tourism body, is running a $2.6 million ad campaign urging foreigners to "see more of Britain for less." "The pound isn't going to be this weak forever," says spokeswoman Hayley Senior...

Author: /time Magazine | Title: The Vacation Recession | 6/29/2009 | See Source »

...determined that Copney and two other suspects, none of whom were Harvard students, had arranged for and attended the meeting with Cosby. After the shooting, they fled the scene and returned to New York City via bus that evening. Prosecutors say they found $1,000 in cash and a pound of marijuana near Cosby...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Suspect in Kirkland Shooting Indicted | 6/26/2009 | See Source »

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