Raymond earned a PhD. in Chemical Engineering from the University of Minnesota. He was awarded an honorary doctorate of laws degree from the same university in 2001.
Raymond has been the target of fierce criticism from environmental groups for his stances on global warming and his opposition to the Kyoto protocol.
... Bank announced that the Real would no longer be pegged to the US dollar. This devaluation helped moderate the downturn in economic growth in 1999 that investors had ...