Word: monaco
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DIED. Gian Carlo Menotti, 95, Italian-born composer who reinvigorated American opera by bringing his lyrical, high-intensity works to mass audiences over the objections of critics who claimed his popular masterpieces were not sufficiently intellectual; in Monaco. Menotti, creator of the first opera written for radio, won the Pulitzer Prize for two of his operas, The Consul and The Saint of Bleecker Street. But he was best known for the 45-min. Amahl and the Night Visitors, a Christmas opera he wrote for TV. He continued his efforts to democratize the art in 1958 by founding Italy's influential...
...Commerce Minister. "Electricity, you have to pay someone off. To import goods, you have to pay baksheesh. Everyone has a 'tax.'" Those who refuse to pay risk losing out to their business rivals. When Roshan, a cellular-phone company jointly owned by the Geneva-based Aga Khan Development Network, Monaco Telecom and MCT Corp. of the U.S., began building a network in Afghanistan in 2002, transmission equipment languished in customs for months, says Roshan CEO Karim Khoja, because the company refused to pay bribes. Leases on prime land were also lost, and bureaucrats demanded free airtime and SIM cards, says...
When the caution flag comes out in Formula One (F1) racing, crews typically use the opportunity to bring their cars in for a pit stop. But when yellow came out in the 25th lap of last year's Monaco Grand Prix, Team McLaren Mercedes made the counterintuitive decision to keep driver Kimi Raikkonen on the track. The ploy worked; Raikkonen won. But the decision wasn't made at trackside. It came from team leaders based at the McLaren Technology Center in leafy Woking, south of London, who were using prediction software they had developed to help them make split-second...
...generally means there is some kind of hazard or debris on the track. Drivers must temporarily slow down, and F1 crews typically use the opportunity to bring their cars in for a pit stop. But when a safety car rolled out in the 25th lap of last year's Monaco[an error occurred while processing this directive] Grand Prix, Team McLaren Mercedes made the counterintuitive decision to keep driver Kimi Raikkonen on the track. The ploy worked; Raikkonen won. But the decision wasn't made at trackside. It came from team leaders based at the McLaren Technology Centre in leafy...
...very name Monaco carries about it the whiff of tuxedos, fast boats and ruinous expense - and all three will be in evidence at the Monaco Yacht Show, monacoyachtshow.org, to be held in the principality from Sept. 20-23. If you command the kind of disposable income that puts you in the market for a Lürssen or a Sunseeker - the Maybach and the Rolls-Royce, respectively, of pleasure yachts - then any of the 520 exhibitors representing 77 shipyards, 29 yacht brokers and 54 naval architects would be delighted...