Currency traders were stunned last week by aggressive action from Japan's central bank. The Bank of Japan embarked on a bond-buying program that, by one measure, is twice the size of the extraordinary moves by Ben Bernanke and the Federal Reserve in the United States. The BOJ's move is an effort to shock the Japanese economy out of more than a decade of sluggish growth and deflation.
"A man of genius makes no mistakes," James Joyce wrote in Ulysses. "His errors are volitional and are the portals of discovery." Looks like Ireland's Central Bank has taken that message to heart.
The bank announced Wednesday the launch of a limited-edition coin to honor the Irish writer. The coin features a portrait of Joyce and a quotation from Ulysses, arguably his most famous novel. Trouble is Joyce was misquoted.
Originally published on Fri April 12, 2013 6:13 am
The Pentagon's intelligence arm has "moderate confidence" that North Korea may have developed the technology to create nuclear weapons that are small enough to fit on a long-range missile.
NPR's Larry Abramson filed this report for our Newscast unit:
"The Defense Intelligence Agency assessment says such a weapon would probably not be very reliable. This is the first time the U.S. has concluded that Pyongyang's nuclear efforts have reached this point.
Originally published on Thu April 11, 2013 4:40 pm
A Democrat on the committee of the Jefferson County (Kentucky) Democratic Party says a liberal SuperPAC was responsible for surreptitiously recording a strategy session between Sen. Mitch McConnell, R-Ky., and some of his campaign aides.
As Mark reported on Tuesday, a McConnell aide is heard saying that actress Ashley Judd, who mulled a run against McConnell, was "emotionally unbalanced."
For all his success as a stand-up comic, as one half of the brilliant HBO sketch comedy Mr. Show With Bob & David and as the hapless Tobias on Arrested Development, David Cross has struggled to find his footing in the movies, remaining relegated mainly to forgettable character roles. (The controversy within the comedy world over his mercenary appearances in the Chipmunks movies has overshadowed the rest of his long cinematic resume.)