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Read "How Boosting Detroit's Graduation Rates Will Boost Its Economy...

Author: /time Magazine | Title: Detroit: The Death — and Possible Life — of a Great City | 9/24/2009 | See Source »

...financial-crisis remedies, which seem to have prevented an economic crash. He is making quiet but substantial progress on education reform; his energy policy will probably be all carrots and no sticks - that is, no cap-and-trade program for carbon emissions - but it will provide a significant boost to green-energy industries. And despite the screechers of summer, he seems likely to pass a universal-health-care plan...

Author: /time Magazine | Title: Obama's Foreign Policy Needs a Domestic Boost | 9/24/2009 | See Source »

...luxury residential market, however, is getting a special boost. Local property agents say prices are being driven higher by buyers from the Chinese mainland. Wealthy Chinese have ample cash and easy access to low-interest loans because of the government's loose monetary and fiscal policies, which were implemented last year to fight the recession. Buyers are looking to invest close to home, and despite China's restrictions on moving capital beyond its borders, that often means acquiring assets in Hong Kong. (The former British colony belongs to China but has a separate system of government and a more open...

Author: /time Magazine | Title: Hong Kong: The World's Most Expensive Real Estate? | 9/24/2009 | See Source »

...meeting of the G-20, London shelled out an estimated $131 million - a big number for any city to absorb, and more than four times the expected cost. With fewer than 4,000 people expected to attend the Pittsburgh summit, experts say the local economy should see a boost of only about $8 million. And while the U.S. government is covering many of the city's costs, the Pittsburgh city council had to temporarily shift $16 million in funding to cover outlays that they say will be reimbursed eventually...

Author: /time Magazine | Title: Why Is the G-20 Being Held in Pittsburgh? | 9/23/2009 | See Source »

...That prospect would be a big boost to the casino companies. During the boom years, Macau casinos minted profits at an astonishing rate, but over the past year, the recession has taken its toll on bottom lines. Melco Crown, for example, swung to a loss of $179 million in the first six months of 2009, compared with a gain of $37.5 million in the same period a year earlier. Wynn's Macau operations saw net profit sink 35% in the first half of 2009. CLSA's Fischer, however, believes the industry is set for a turnaround. Cost-cutting measures implemented...

Author: /time Magazine | Title: Macau: Is the Casino Boom Back? | 9/23/2009 | See Source »

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