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...newest hosts - it doesn't matter if none of F1's race promoters comes close to covering costs. The shortfall is increasingly paid for by governments who view television coverage as a giant TV commercial for their city or country. Singapore hosts a spectacular nighttime race on city streets beneath twinkling lights. In 2008, its first year, the race took in $51 million, but cost $100 million, according to Formula Money. That's O.K. with Singapore. The government kicked in $60 million, leaving the local promoter with a tidy profit. "Singapore wasn't really on the map, and then they...
...government may have scored a tactical victory on Feb. 11, by preventing the opposition from organizing antigovernment demonstrations on the anniversary of the revolution, but beneath the surface little has changed. The government lacks legitimacy and is increasingly resorting to force to stay in power. Infighting at the élite level is becoming more brutal, with wives and children of opposition leaders being beaten and tortured by government-sanctioned militias...
According to local lore, Portuguese travelers as far back as the late 19th century suspected that oil might lie beneath parts of East Africa after noticing a thick, greasy sediment wash up on the shores of Mozambique. More interested in finding cheap labor, though, the explorers had little...
Yesterday afternoon, the Crimson women’s tennis team sweltered beneath the warm Tampa sun in a losing effort against No. 20 South Florida (7-4). With the 5-2 defeat, No. 60 Harvard (6-5) ended its only trip to Florida this season with an even record after winning against Central Florida on Saturday...
Considering our very own pool of wealthy Harvard undergraduates, is the imperative to hide wealth beneath a veneer of more frugal circumstances—to be rich and to pretend to be otherwise—just another one of those inexplicable differences...