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...Vietnam's tourism board is hoping Phan Thiet, promoted as the country's Hawaii, will likewise catch on. At the moment, fishing remains the main source of income for locals, who live along prime beachfront real estate and spend their days plying the waters of the South China Sea. Instead of hawking trinkets on the beach, the town's children are commercial fishermen, too, venturing out to sea in thung chai, two-meter-wide circular baskets made of bamboo and pitch that can only be paddled standing up. Old superstitions linger: before a new boat makes its maiden voyage, families...

Author: /time Magazine | Title: Unspoiled Vietnam | 3/23/2003 | See Source »

...million, by his reckoning--and added that he had worked to place a bust of King in the U.S. Capitol. Lott's open sentimentality about the Confederacy has continued unabated. In 1998 he spoke at the dedication of a library at Confederate leader Jefferson Davis' last home, on the beachfront in Biloxi, Miss., saying "Sometimes I feel closer to Jefferson Davis than any other man in America...

Author: /time Magazine | Title: Tripped Up By History | 12/23/2002 | See Source »

...King's beach, unblemished, as a consequence, by the blight of jet skis and girlie bars. The King couldn't save the skyline, marred by a scattering of concrete towers?the detritus of a short-lived condo boom derailed by the Asian financial crisis. But Hua Hin's golden beachfront is lined by 1960s-era wooden cottages where Thai families still gather to watch the waves from worn porches...

Author: /time Magazine | Title: Thailand's Hua Hin Resort Has the Royal Touch | 7/29/2002 | See Source »

...millions of dollars in additional claims. Many now wonder: Can the church actually go broke? The short answer is no. In the U.S. the Catholic Church collects revenues totaling around $7.5 billion annually. Even more impressive are its vast property holdings, which include everything from cathedrals and schools to beachfront retreats, stately mansions, golf courses and television and radio stations. But the real secret of the church's financial strength is that each of the 178 Roman Catholic dioceses in the U.S. organizes its affairs separately; nearly all employ a highly complex and decentralized legal structure that...

Author: /time Magazine | Title: Can a Church Go Broke? | 6/3/2002 | See Source »

According to Andy Tiedemann at the University Development Office, the University’s conservative financial policies stem from a desire not to “erode the value of the endowment.” But when compared to extensive beachfront that is Harvard’s financial holdings, the amount of money that it would take to avoid raising tuition equals but a few grains of sand. If every student paid the additional $1,681, it would bring an extra $10.7 million to FAS next year. But, given that some students on financial aid will not have...

Author: By Lauren E. Baer, | Title: Robbing the Poor To Subsidize the Rich | 3/11/2002 | See Source »

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