Free Republic

Dec. 11, 2006 Greenspan sees a sinking dollar Bloomberg News Former Federal Reserve Chairman Alan Greenspan said the dollar will probably keep falling because it's unlikely that international fund managers will continue to increase their allocations to the U.S. currency. Russia and other oil-producing currencies are shifting their assets out of dollars toward the euro and yen, a Bank for International Settlements quarterly report showed Monday. Greenspan said the dollar, heading for its fourth annual decline in the past five years, will probably keep falling until the U.S. current-account deficit diminishes. "It's imprudent to hold everything in one currency," Greenspan...

LEADERSHIP: Why Greek And Turk Fighter Pilots are Different November 18, 2004: Greece and Turkey, two long time members of NATO, have very similar weapons and equipment. They are also the only two NATO allies that have threatened to go to war with each other over the last fifty years. With that in mind, the two nations have taken interestingly different approaches to recruiting and training pilots for their jet fighters. The Greeks have gone for having fewer, but more experienced, pilots. Greece actually has fewer pilots than it needs in some squadrons, while the Turks have 25 to 40...

For education and discussion only. Not for commercial use. New Delhi, Nov. 10 (NNN): America is likely to lose its overall lead in technology and innovation sector to Asian nations such as India, China, South Korea, Malaysia, Taiwan and Singapore, according to a top foreign policy expert. Adam Segal, Senior Fellow at the Council on Foreign Relations writes in the latest issue of Foreign Affairs that though American technical dominance remains solid, the globalisation of research and development is exerting considerable pressure on the American system. In addition to the increasing science and research and development budgets, India, China, South...