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...Fernbrooke goes, so goes the nation. In April, Australian Prime Minister Kevin Rudd announced a $31 billion plan to build a National Broadband Network (NBN) that will bring fast fiber-optic connections into 90% of the nation's homes, even to towns with as few as 1,000 residents. In doing so, Australia may leapfrog South Korea, which is widely acknowledged as the world's most wired country but where just 44% of residences currently have fiber connections. Less than 5% of U.S. households are wired with fiber-optic cables. (See the 50 best inventions...

Author: /time Magazine | Title: Australia's Bid to Become the Most Wired Country | 5/5/2009 | See Source »

...birds from a tree than to bring them back," says Luigi Zingales, professor of entrepreneurship and finance at the University of Chicago Booth School of Business, and co-creator of its trust index. "And that's what trust's about. It's much easier to destroy than to build...

Author: /time Magazine | Title: What Banks Are Still Missing: Trust | 5/4/2009 | See Source »

...think it was a really good race for all of the boats,” said senior Esther Lofgren, who rowed four-seat in the varsity eight. “Even though the conditions were rough again, we really had a strong start and were able to build off of it. There are still things we are working on, but for us seniors this was our last race on the Charles for Radcliffe and it was a good race to end on going into Eastern Sprints.” The second varsity eight crushed its competition, crossing the finish line...

Author: By Alex Sopko, CRIMSON STAFF WRITER | Title: Radcliffe Tops Foes From Home, Abroad | 5/3/2009 | See Source »

...that took place in 1978 or later, the death penalty may be considered. Police feel confident that more victims will be identified. "It's just in its infancy stage, and it's only going to get bigger," says Bengtson. "We're just going to focus on the investigation and build from here...

Author: /time Magazine | Title: A Cold Case Gets Hot: Is This L.A.'s Westside Rapist? | 5/3/2009 | See Source »

...government's perceived mismanagement of the situation has made it an even hot campaign issue down the home stretch. Presidential candidate Balbina Herrera, of the incumbent Democratic Revolutionary Party, promises her government would build an elevated monorail, which she says would be the most "aesthetic" and "least invasive" way to modernize the city's public transportation system. The opposition's Martinelli scoffs, "Monorails only work in Disney World," and insists the solution lies with a $700 million metro system...

Author: /time Magazine | Title: Panama City Tries to Exorcise Its Red Devils | 5/2/2009 | See Source »

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