• Argentina's inflexible currency-board scheme not only pegs the peso at par to the dollar but limits the money supply to the level of hard-currency reserves, in effect turning monetary policy over to the United States' Federal Reserve.

    ECONOMIST: Argentina��s distant allies and the fiscal gap

  • We hold matches galore: radio and television stations, bully pulpits all over Washington, plenty of high-tech communications toys that the Iranian opposition could use with devastating effect, and money for the overwhelming majority of hard-working Iranians who today cannot subsist on their salaries.

    CENTERFORSECURITYPOLICY: khamenei2

  • In fact, the eventual deal not only in effect abolished fees, but by some judicious tweaking of the Scottish budget found money to help more hard-up students go to university.

    ECONOMIST: Scotland

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