Richard Quest CNN

Richard Quest, CNN,
British news anchor based in London.

$2.00

The British Pound cost $2.00 today. It's been high for a long time, but this is a milestone (on the path to where?) . For an American going to London, where the price of most things (in Pounds) is numerically about the same as the price (in Dollars) in New York, this means everything is twice as expensive.

Conversely, in New York, where everything is now half price for Englishmen, expect more tourists coming to their former colony, taking pictures of us native colonials.