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...downtown home of the Detroit Lions, which will seat some 70,000 fans. Fan-festivals and free concerts throughout the weekend will also draw visitors downtown. The NCAA anticipates that the Final Four will generate anywhere between $30 million and $50 million in new direct spending for the ailing area. (Hear Dick Vitale's Top 10 NCAA Tournament Moments...
...History would seem to side with the economists. In 2006, Detroit hosted the America's most gargantuan sports event, the Super Bowl, also at Ford Field. Fans gave the area a $274 million boost, according to one economic research firm. Over 90 million people watched the face-off between the Pittsburgh Steelers and Seattle Seahawks on television. Did the game lift Detroit long-term? Well, Detroit's unemployment rate is 13%, worst in the country among major metropolitan areas. The city's bonds have junk ratings. Because its school system has run up a $305 million deficit, the city...
...that mutual incomprehension was nothing compared to the cacophony Younis faced when she brought her musicians back to Jenin, the glow of the beach and musical triumph still on their faces. The trip had provoked the wrath of Zakaria Zubeidi, head of President Mahmoud Abbas' Fatah movement in the area. Zubeidi banished Younis from Jenin, forcing the closure of the music school where she had spent the last six years teaching Palestinian teenagers to play the violin, the Oud and drums. "The children are now crying. They're afraid," Younis told TIME in a telephone interview. "One girl told...
Damrosch has also written frequently about teaching world literature. “I have a very evangelical feeling about this literature,” he says. “It is a creative area to work in, where rhetoric hits the road...
...other key set of decisions concerns financial regulation and corporate behavior in a wider sense, an area that had been pushed by France and Germany but long resisted by some others. Under the deal, hedge funds and other financial-market players will be subject to far greater - and properly coordinated - international scrutiny, as will big banks with activities in several countries. "We'll begin to crack down on cowboys in global markets," said Australian Prime Minister Kevin Rudd. The tax-haven issue that almost sank the summit means that those not complying with international standards on exchanging information will...