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...Being that this is eco-conscious Holland, however, there hasn't been a huge outcry from motorists over the proposal - everyone agrees that something needs to be done to ease the country's overloaded road network. The Netherlands may be known overseas for its cycling culture, but outside the country's city centers, gridlock is the more dreary reality. Vehicle use has risen sharply over the years, but road capacity has yet to catch up - in part due to lack of space. Previous attempts to reduce traffic - from offering incentives to people who carpool to giving away free croissants...

Author: /time Magazine | Title: Holland's Plan to Tax Every Kilometer Driven | 12/23/2009 | See Source »

...Holland is certainly not alone with this problem. Authorities around the world have experimented for years with measures to deal with increased congestion, including creating dedicated lanes for carpoolers, reversing the flow of traffic on roads during rush hours and varying speed limits depending on traffic and weather. Cities such as London, Rome and Stockholm have started charging drivers a daily fee to enter "congestion zones" in their centers. In the U.S., states like Oregon, California and Massachusetts have mulled levying highway taxes based on the amount of mileage people drive. But the Dutch scheme is by far the most...

Author: /time Magazine | Title: Holland's Plan to Tax Every Kilometer Driven | 12/23/2009 | See Source »

...Obviously, this is not a positive for Pandit," says Michael Holland, a money manager and the former chairman of Salomon Brothers Asset Management, which was acquired by Citigroup. "Being big everywhere is the business model he has chosen. That means when there are losses anywhere you are going to get hit." Things were booming there back in 2008 when Citi sent Verme to the gulf state - from 2004 through 2008 Citi's revenues from the region grew at a 30% average annual rate. He had run the bank's Latin American operations before being promoted to co-head of investment...

Author: /time Magazine | Title: Citi's Dubai Mistake: A Sign of More Bad Things to Come? | 12/15/2009 | See Source »

...cruise industry is basically a duopoly, with two players--Carnival, which owns Cunard, Holland America, Princess and Seabourn, among others, and Royal Caribbean, which also owns Celebrity and a few international lines--controlling 70% of the market. There are three segments: contemporary, at $200 and under per day; premium, $250 and up; and luxury, at $300 and above. Royal Caribbean and Carnival operate mostly in the contemporary segment...

Author: /time Magazine | Title: Will the World's Largest Cruise Ship Sink or Swim? | 12/14/2009 | See Source »

Sophomores Shannon Conway (400 meters) and Kim O’Donnell (800) finished second in their respective races, while junior Katrina Drayton doubled up on the day, taking third at 55 meters with a time of 7.34 seconds and sixth in the 200. Freshman Brianne Holland-Stergar also shouldered multiple events, finishing as runner-up in the shot put with a mark of 12.34 meters and earning sixth in the weight throw. Fellow rookies Meghan Ferreira and Shannon Watt enjoyed promising starts to their Harvard careers as well, taking third in the 55-meter hurdles and shot put, respectively...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: Individuals Notch Top-Six Finishes | 12/7/2009 | See Source »

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