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...when the store opened its doors; two shoppers were shot in a dispute at a Toys "R" Us in California. The ensuing safety concerns may have prompted some shoppers to think twice, but retailers still expect a bonanza: the weekend after Thanksgiving is expected to account for some $40 billion in sales. (See the top 10 things you didn't know about Thanksgiving...
...Bonifaz, an economist at Peru's University of the Pacific, calculates in a new book that the road will generate close to $2 billion for local communities in the coming two decades. The government forecasts that the highway could add a full percentage point to GDP. Brazil will be the big beneficiary at the start, sending minerals, meat and soybeans through Peru for export to China, instead of using the Panama Canal. But local authorities expect the Peruvian entreprenerus to slowly catch up with exports headed across the Atlantic...
...Just how much putting extra troops in Afghanistan will cost is in dispute. Orszag pegs it at $1 million per soldier per year ($30 billion annually for 30,000 more troops), which is twice as much as the Pentagon's figure. The number varies depending on how many new weapons and other materiel are cranked into the calculation. But a new study underscores the extra costs of fighting in a landlocked country where the Taliban has shut down much of the meager road network. For example, every U.S. soldier in Afghanistan requires 22 gallons of fuel...
...escalating cost in blood and treasure of a war that has already cost America $150 billion and has no clear end in sight is the reason Obama faces a tough sales job when he finally rolls out his Afghan strategy next week after nearly three months of debate. Following the President's anticipated speech to the nation, General Stanley McChrystal, the top U.S. commander in Afghanistan, will testify before Congress along with other Obama national-security heavyweights. They'll have to convince skeptical Americans - as well as NATO allies at a Dec. 7 meeting - that Afghan President Hamid Karzai...
...city of Mecca in Saudi Arabia has always been the spiritual center of the Islamic faith: the world's 1.3 billion Muslims genuflect in its direction during prayers. But in the final months of the year, Islam's holiest city becomes even more vital, as an estimated 2.5 million pilgrims make their once-in-a-lifetime journey to the site...