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...Sydney, it was 10,960 athletes in 28 sports. Rogge has capped Athens at 10,500 athletes in 28 sports - no smaller, but at least no bigger. The spaces in Athens may be a bit tight, but there will be magic in the settings. Cyclists will race around the base of Acropolis hill. The archery competition will be held in the Panathenaic Stadium, originally built in the 4th century B.C. and used in the 1896 Games. The marathon race will retrace the route of the very first marathon man, who sped with news of victory from the battle at Marathon...
...worry about it," says Stephen Roach, Morgan Stanley's chief economist. Now that the American and European stock bubbles have popped, Western economies are feeling similar pressures. August inflation in the U.S. was only 1.8% and in Germany only 1%, both dangerously low. Yet central banks continue to base their policies on avoiding high inflation. They may be waking up to the risk. The Fed's own analysts say banks must slash rates early, providing stimulus before deflation sets in; Japan's mistake wasn't cutting rates to zero, but waiting too long to do it. Last week...
...Bush administration’s main concern is that retaliation would harm the coalition for war against Iraq. It would not only inflame Arab-Israeli tensions, but it also could prevent the U.S. military from gaining the cooperation it needs from Arab states in order to base American forces there...
South Dakota voters are currently considering whether to allow individual juries to acquit criminal defendants accused of violating laws deemed “misguided or draconian.” This power, known as jury nullification, would base criminal convictions on juries’ judgment not only on the facts of a case, but on the soundness of the law broken. Under the proposed Amendment A, to be voted on during the November elections in South Dakota, individual defendants could confess their guilt but ask for acquittal by arguing that the laws violated were misguided. Juries would then decide whether...
While news of Harvard’s May 2001 Arsenal purchase sparked protests by residents, children and politicians—all concerned that the town would lose a third of its tax base to a non-profit, tax-exempt institution—last night’s meeting was marked by two standing ovations and long lists of thank-yous and welcomes...