Word: acte
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Developing Berlin without destroying its sometimes still subversive culture is a difficult balancing act. The city doesn't have set nightlife hours, so bars and clubs can open and close their doors whenever they like. That means Saturday nights usually start around midnight and at some of the best-known clubs - such as Berghain, which Britain's DJ Mag this year named as the world's best club - keep going until the following afternoon. There's always a risk that gentrification will spoil the vibe. One of the biggest haunts in the early 1990s was Tresor, a subterranean space near...
...Movement - but has been aligning himself with President Gloria Arroyo, who needs his popularity.) Most people say they'd rather he stay a boxer and win more accolades for the nation, that his need to help lift people up can be better served elsewhere. But politics as his second act may be a strategy born of a deeper survival instinct - from knowing the limitations of a boxer's life, particularly after the fighting is done. "'Di ako bobo," he might...
...Huang says, on consumer spending. The problem is that income growth among rural dwellers and migrant workers badly trails that of residents of the major urban centers creating a mass of 900 million people who still tend to be very heavy savers. Huang suggests that China needs to act aggressively to boost rural incomes, by, for example, extending banking systems deeper into the countryside to give farmers better access to credit to start small businesses. MasterCard's Hedrick-Wong argues that China should also open up service industries now dominated by large, state-owned companies, such as finance, to allow...
Health care legislation may be garnering most of the headlines these days, but it's far from the only bill circulating on Capitol Hill. Another new piece of legislation quietly making its way to President Obama's desk is the Travel Promotion Act (TPA) - it has already been approved by the Senate and is now in front of the House - which would establish the country's first official nonprofit tourism board...
...Government first attempted to form an official tourism office. In 1996, under President Bill Clinton, the U.S. National Tourism Organization was launched, only to be abandoned three years later due to inadequate Congressional funding - as were subsequent efforts in 2001 and 2003. But as the 2009 Travel Promotion Act makes its way through Congress, it appears to have garnered enough support to be passed into law - and funded into action. U.S. Travel's Freeman concedes it will probably be another year before the Office of Travel Promotion is fully up and running. But he is confident that Washington will recognize...