Euro neurosis: here are three reasons for Americans to fear the arrival of a united European currency

Article Abstract:

The development of the Euro currency represents a threat to the economic power and influence of the US Dollar. If the US and Europe were to have trade conflicts, the European Central Bank could weaken the Euro by lowering interest rates. This would make European products less expensive, leading to increased imports by the US. If China were offended by a US-Japan military alliance in support of South Korea, China could retaliate by exchanging Treasury bonds for Euro securities, resulting in the greenback's decreased value. The collective financial clout of the European federation could impact IMF decisions unfavorable to the US, thus the Euro would be able to compete equally with the dollar.

United States, Europe, Administration of General Economic Programs, Currency Stabilization Programs, Merchandise Trade Balance, Economic aspects, Column, Economic policy, International relations, International economic relations, International trade, Euro (Currency), United States foreign relations, Dollar (United States), Currency stabilization

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Timothy Leary

Article Abstract:

One of the leaders of America's cultural revolution of the 1960s, Timothy Leary, answers various questions regarding his likes and dislikes. As a long-time advocate of the illegal drug LSD, Leary has plans to spend his last remaining hours of life in a state of celebration with his friends.

Social aspects, Interview, Social history, Radicals, Radicals (Persons), LSD (Drug), Hippies, Leary, Timothy

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One part tranquillity, one part revenue

Article Abstract:

Westminster Council, London, England, has approved controversial plans to come into force in December 2000 relating to licensed premises. The council is in line with government policy and wants to balance the needs of its residents with retailers.

Laws, regulations and rules, Alcoholic beverage industry, Westminster, England

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