This shift to floating exchange rates should in theory have reduced the need to hold reserves.

ECONOMIST: Intervention: divine or comic?

"In recent years we have been the most lucrative major championship in dollar terms but with the shift in the exchange rate that may be difficult to sustain, " said Hill.

BBC: Turnberry to set longer Open test

The Miami-based company issued guidance of a 2% to 3% net revenue increase for the full year, but given the shift in currency exchange rates, Carnival expects revenue yields on a current dollar basis to be flat for fiscal 2010 compared to 2009.

FORBES: Earnings Season

Chris Capossela, who oversees this shift at Microsoft, expects half of the mailboxes managed by Exchange to be online.

ECONOMIST: Microsoft after Gates

New viruses are formed when two different strains infect the same cell and exchange whole genes - a process known as genetic shift.

BBC: Winter bugs: A yearly battle for dominance

For those who have some policy space about letting automatic stabilizers do their work, about using discretionary measures, you will see good language in there, again, about how those surplus economies really need to take concrete actions to shift to more domestic demand-led growth, including by using exchange rates, but also by using domestic measures.

WHITEHOUSE: Press Briefing

Only by tightening internal liquidity and allowing the real exchange rate to fall will competitiveness be restored as the economy will shift resources to the tradable sector.

FORBES: Brazil's Strengthening Currency Poses Competition Problem

But a bigger test of Asian governments' resolve to shift the balance of growth from exports towards domestic spending is whether they will allow their exchange rates to rise.

ECONOMIST: Can Asians replace Americans as a driver of global growth?

The sharpened focus of the Securities and Exchange Commission under Chairman Mary L. Schapiro may well be the single most important shift in the corporate governance landscape this year.

FORBES: The SEC At A Crossroads

Some will exchange all of their productive effort for the goods of others, while some will shift some of their consumptive ability to others wrought by their own production through saving and investment.

FORBES: What the 'Missoni for Target' Sale Tells Us About Free Trade