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Fuhrmann, 17, was living in Cologne, Germany – the fourth-largest city in Germany – and she planned to spend the year as a foreign exchange student in the United States. When she found out she’d be living in Washtucna – a town of 260 people about 60 miles northeast of the Tri-Cities – she didn’t know what to think. If Fuhrmann was in for a surprise when she got to Washtucna, the town was in for one, too, when not only she, but three other exchange students as well showed up to spend their senior year of high school there. The school district has 56 students, and three of the seniors – Derrick Lasen, Zach Kiesz and Joe Stark – went all the way from kindergarten to the 12th grade together. Besides Fuhrmann, the foreign “invasion” of Washtucna included Tram Vo, 18, of Vietnam, Fernanda Cherrez, 18, of Ecuador, and Katherina Fischer, 18, of Germany. Lasen and Stark admitted to being a little resentful, at first, that they were edged out by the exchange students after spending their entire school careers in Washtucna. read more

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Driven up by strong commodities markets and high interest rates, the Aussie dollar is on a roll and is soon set to reach parity with its more famous namesake on the other side of the Pacific. Depending on your view, the surging dollar is either a great chance to grab an overseas bargain or a worrying development that will rob local companies of the chance to compete effectively abroad and could endanger employment. With the Aussie dollar riding high, more Australians are set to venture overseas where, according to Damien Hanger of Jetset and Travel World travel agents, they’ll get “more bang for their buck”. Given cheaper imports, the most pleasing aspect of the strong dollar is that it puts a handbrake on inflation, the bete noir of Treasurer Wayne Swan and the Reserve Bank. read more

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Now is the time for local families to think about hosting foreign exchange students next year. Families can have children of similar age, younger children, grown children, no children, foster children or adopted children, Ruhman said. Foreign exchange students typically are at the top of their class academically, as well as outgoing and social individuals, said Linda Hummel, a Hartland High School guidance counselor. State Department sets guidelines for host families of foreign exchange students. Host families and foreign exchange students receive support from liaisons from companies, such as AFS or Youth For Understanding, throughout the year. read more

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Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here . read more

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LONDON (Thomson Financial) – The pound was given a sharp boost by economic data which showed UK consumer spending is not falling as rapidly as feared and that industry’s producer prices continue to hit new records. The data reminded investors that the strong euro and record commodity prices are now causing trouble in the much-praised manufacturing sector, which has so far been more resilient than the financial sector — where confidence has been hit by the credit crisis. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News. The content on this site, including news, quotes, data and other information, is provided by Thomson Financial News and its third party content providers for your personal information only, and neither Thomson Financial News nor its third party content providers shall be liable for any errors, inaccuracies or delays in content, or for any actions taken in reliance thereon. read more

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As crude oil hovered above $127 per barrel in the global markets, the peso closed at its intra-day low of 43 after opening near the day’s high of 42. Currency dealers said the BSP unloaded US dollars to stem the peso’s fall, accounting for over $100 million out of $715 million worth of trades at the Philippine Dealing System, the spot foreign exchange market. The currency of South Korea, itself a heavy oil importer, has become the weakest performer this year due to perceived reluctance of its central bank to increase interest rates. Traders said the peso’s fall at the spot foreign exchange market was also affected by the weak sentiment of offshore investors in the “gray,” or foreign exchange non-deliverable forwards (NDF), market. The BSP recently issued a memorandum requiring all banks and trust entities authorized to engage in NDF transactions to report their transactions with offshore investors on a weekly basis. read more

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