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Virtual monetary reality
Most of the world’s money consists of electronic ledger entries that happen to be backed by one central bank or another. At need, they may be turned into paper inscribed with promises to pay the bearer a certain sum. If someone brandishes one of those pieces of paper at a central bank governor and demands redemption, he would merely exchange it for a similar piece of paper. The magic of a currency
Most of the world’s money consists of electronic ledger entries that happen to be backed by one central bank or another. At need, they may be turned into paper inscribed with promises to pay the bearer a certain sum. If someone brandishes one of those pieces of paper at a central bank governor and demands redemption, he would merely exchange it for a similar piece of paper. The magic of a currency
Indian govt websites hacked by Anonymous over 'internet censorship'
New Delhi: Notorious Internet hacking group Anonymous has claimed responsibility for cyber-attacks on a host of Indian government websites, in retaliation to the country's web censorship plans.
New Delhi: Notorious Internet hacking group Anonymous has claimed responsibility for cyber-attacks on a host of Indian government websites, in retaliation to the country's web censorship plans.
Hanson pitches 7 innings, Braves beat Rays 5-3
, Fla. (AP) — Tommy Hanson pitched seven effective innings, Freddie Freeman drove in two runs and the Atlanta Braves beat the Tampa Bay Rays 5-3 on Friday night.
, Fla. (AP) — Tommy Hanson pitched seven effective innings, Freddie Freeman drove in two runs and the Atlanta Braves beat the Tampa Bay Rays 5-3 on Friday night.
Andre Berto fails doping test; Ortiz fight is off
Former welterweight champion Andre Berto has failed a doping test, and the promoter of his rematch with Victor Ortiz says next month's fight is off.
Former welterweight champion Andre Berto has failed a doping test, and the promoter of his rematch with Victor Ortiz says next month's fight is off.
In 'Moonrise Kingdom,' Wes Anderson relocates
In Wes Anderson's "Moonrise Kingdom," the famously meticulous director takes his fastidiously fashioned world and flings it into the woods.
In Wes Anderson's "Moonrise Kingdom," the famously meticulous director takes his fastidiously fashioned world and flings it into the woods.
Hewlett-Packard contemplating cutting up to 25,000 jobs
Hewlett-Packard is considering cutting up to 25,000 jobs, as the world's largest PC maker wrestles with a decline in demand.
Hewlett-Packard is considering cutting up to 25,000 jobs, as the world's largest PC maker wrestles with a decline in demand.
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