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...member states agreed to fix their exchange rates by tying their currencies to the U.S. dollar. American politicians, meanwhile, assured the rest of the world that its currency was dependable by linking the U.S. dollar to gold; $1 equaled 35 oz. of bullion. Nations also agreed to buy and sell U.S. dollars to keep their currencies within 1% of the fixed rate. And thus the golden age of the U.S. dollar began...

Author: /time Magazine | Title: Bretton Woods System | 10/21/2008 | See Source »

There is one final grand gesture open to George W. Bush to redeem his presidency - sell Alaska back to the Russians. Immediately. Oliver McQuillan, DUBLIN...

Author: /time Magazine | Title: Depression Hurts | 10/21/2008 | See Source »

...banking on the success and the weather of [Wednesday],” Zampardo said. “There is a chance that Gore may mention Power Vote in his speech, and if there is a heavy turnout at the event, it won’t be a very difficult sell...

Author: By Natasha S. Whitney, CRIMSON STAFF WRITER | Title: EAC Asks Youth to Vote Green | 10/20/2008 | See Source »

...That kind of reassurance is what keeps Dubai property builders like Saif Ahmed plugging away. Believing that foreign interest in Dubai is alive, he's planning a major sales exhibition in Los Angeles in December. He acknowledges, however, that the days of the easy sell may be over. "People are more educated and calculated about their investments," Ahmed explains. "Now they are asking for a more detailed sales pitch. They want to know about the developer's track record." As it faces the most serious financial challenge in its history, Dubai Inc.'s reputation is now on the line...

Author: /time Magazine | Title: How Wall Street's Bust Threatens Dubai's Boom | 10/19/2008 | See Source »

...chain) runs out of them after 3 p.m.," says Tomoyuki Horiuchi, sales representative of Tokyo Seika Boeki Co., Ltd., fruit and vegetables wholesale company. Hiromi Ohtaki of Dole Japan, a leading banana importer, sees the boom in sales as largely due to Morning Banana Diet - bananas don't normally sell well during summer, and this year's summer has been especially hot. Still, over the past 4 months, demand has driven Dole Japan to increase its banana imports by upward of 25%, and even then supplies could not keep pace with demand. "In a way this is an emergency," explains...

Author: /time Magazine | Title: Japan Goes Bananas for a New Diet | 10/17/2008 | See Source »

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