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...city's $1.7 billion privately funded Summer Games in 1996 sparked a construction boom in the city's downtown core and, according to the Metro Atlanta Chamber of Commerce, generated $5 billion in economic activity, including $1.8 billion in hotel, residential and commercial construction. What's more, the city found long-term uses for its Olympic venues, transferring the Olympic stadium and village to the Atlanta Braves and Georgia State University, respectively. "The Olympics gave Atlanta a tremendous boost in commerce," says Sam Williams, president of the Metro Atlanta Chamber. "We become a global city, not just the capital...

Author: /time Magazine | Title: Would Getting the Olympics Be Good or Bad for Chicago? | 9/30/2009 | See Source »

...borrow dollars at low rates while investing in another currency that offers a significantly higher short-term yield. One factor behind its growing popularity in Asia is because the other side of the trade - the currency one buys with the dollars one cheaply borrows - are mostly to be found in the Asia-Pacific region. Most coveted, according to traders, are the Australian dollar, the Indonesian rupiah, and even the infrequently circulated Sri Lankan rupee...

Author: /time Magazine | Title: Who Loves the Weak Dollar? Currency Traders | 9/30/2009 | See Source »

...just found [the ball] in the box,” said Kutler. “I just wanted to put it away...

Author: By Martin Kessler, CONTRIBUTING WRITER | Title: Harvard Overcomes Crusaders in Shutout | 9/30/2009 | See Source »

...Kadyrov's racehorses have already found fortune at prominent equestrian events. Bronze Cannon, a four-year-old thoroughbred, won the prestigious Hardwicke Stakes race at Ascot in July. His Indian Jameson stallion won the honor prize at the Moscow Hippodrome's 175th anniversary. Russian tabloid Komsomolskaya Pravda reported on July 18 that Kadyrov had entered no less than 11 racehorses into the Moscow event, all of which, Kadyrov told the paper, belong to Chechnya, as do the two horses entered into the Spring Carnival. With Kadyrov's official income declaration of an $110,000 salary and a 36 square-meter...

Author: /time Magazine | Title: Will Australia Let Chechnya's President Race His Horses? | 9/29/2009 | See Source »

...civilians at a pro-democracy rally in a stadium, according to witnesses and news reports. Dozens of people were killed and hundreds were wounded, Isabelle Bourges, a spokeswoman for the International Committee of the Red Cross, tells TIME. According to New York-based Human Rights Watch, bodies were also found with knife and bayonet wounds and witnesses saw women being stripped naked in the streets and sexually assaulted by security forces. (See pictures of drug battles in Guinea-Bissau and Liberia...

Author: /time Magazine | Title: Violent Crackdown Shatters Democracy Hopes in Guinea | 9/29/2009 | See Source »

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