 | | Dollar is Here to Stay | | THE dollar is here to stay, at least as far as pricing in oil markets is concerned. Certain countries _ including Iran, France and Russia _ have periodically floated the idea of transforming the markets by settling crude oil transactions in currencies other than the dollar.
But each time the notion is raised, it has been quickly dismissed on technical and economic grounds. And that remains the case today, more than ever.
''It's a red herring,'' said Leo Drollas, chief economist at the Center for Global Energy Studies in London. "The idea should be put back in its box for a while, especially with all the turmoil surrounding the euro.'' Various reasons have been cited for the calls to shift away from the dollar, which remains the world's reserve unit.
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|  |  | | 'THINK DIFFERENT' WAS JOBS' CREDO | | WHEN Steve Jobs died on October 5, many commentators wondered whether Apple _ the company he cofounded and led through many years of profit and innovation _ could continue to thrive without him.
After struggling with cancer, Jobs stepped down from his post as Apple's CEO in August, yet his impact on the company remained profound. After all, Apple's innovations _ from the personal computer to the iPod to the iPhone _ changed the way the world communicates and plays. Following Jobs' death at the age of 56, many argued that Apple's future was now in doubt.
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 | The other Olsen makes her move CINDY PEARLMAN HOLLYWOOD WATCH THERE'S one topic that actress Elizabeth Olsen would rather not discuss, but she knows it's unavoidable.
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| | Winehouse's father to write Amy's memoir | | LATE singer Amy Winehouse's father has reportedly signed a new deal with publishers Harper Collins to pen a memoir about his daughter. The memoir written by Mitch Winehouse's will be titled — Amy, My Daughter — and all proceeds from the book will be donated to the Amy Winehouse Foundation, Dailystar.co.uk reports. The book will be released in 2012. |
| | America Ferrera set to make Broadway debut | | UGLY BETTY star America Ferrera is all set to make her stage debut in the long-running London's musical Chicago. The star will play lead character Roxie Hart in the West End production for a total of eight weeks, beginning next month, Dailystar.co uk reports. The show, which centres on a Mississippi girl who enters a beauty pageant, will be directed by Judith Ivey. |
| | Volkswagen Beetle: Cute grows up | | SCOTT EVANS AUTOWATCH PERHAPS the most important debate of the past few months surrounding a German automobile that isn't an Audi, BMW, or Mercedes-Benz has finally been settled.
The new Beetle is no longer New, just new. It is now simply the 2012 Volkswagen Beetle. With or without the capital N, the latest Beetle is a big deal for Volkswagen, so big that it got a simultaneous worldwide reveal in Berlin, Shanghai, and New York.
So while the new Beetle is in fact new, it is still very much a Beetle.
While the trademark round fenders are present and accounted for, the bubble roof that became a calling card of the New Beetle has been flattened out into a roofline more reminiscent of the original Beetle. The result is a new C-pillar that's more faithful to the original, and a more vertical rear hatch. Much like the distantly related Porsche Panamera, not to mention the original Beetle, this means more useable headroom for rear-seat passengers, something the New Beetle was lacking.
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