Word: canale
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...reclaimed land called Cotai, between Macau's two outer islands, Adelson is creating an Asian Vegas Strip-- practically by himself. By early 2009, he plans to build 12 hotels for $10 billion, anchored by a 3,000-room version of his Vegas classic, the Venetian, with its famous canal and gondola rides. No wonder he derides Wynn's opening as "a nonevent. He's just going to be the equivalent of the tip of the iceberg...
...past and future of the Panama Canal weigh heavily on Martín Torrijos, like a freighter inching through a lock. It was Torrijos' father, the late Panamanian strongman Brigadier General Omar Torrijos, who persuaded the U.S. to sign a 1977 treaty handing over the canal to Panama, which it did six years ago. Now Torrijos, 43, who was democratically elected President of Panama in 2004, is stumping to persuade his countrymen to undertake a more than $5 billion expansion of the 50-mile-long waterway that bisects the isthmus...
...project--which voters look set to approve in an Oct. 22 referendum--may not compare with the big dig that created the canal a century ago, but Torrijos insists it is no less urgent, both for international shipping and Panama's development. "My dad solved the struggle for ownership," Torrijos told TIME. "My generation's challenge is to make better economic and social use of this geographical position history...
...plan calls for adding a third set of locks, wide enough to serve the supersize, post-Panamax vessels--those carrying more than 5,000 20-ft.-long containers--that many consider the future of commercial-cargo shipping. The canal's Old World competitor, Egypt's Suez Canal, can already accommodate the bigger vessels. A resized Panama Canal could be a boon to U.S. ports on the Gulf and East coasts, which currently handle post-Panamax cargo directly to and from Asia only via the lengthier Suez route. Says Gary LaGrange, CEO of the Port of New Orleans: "This will...
Larry Hayes drove from New Orleans to Atlanta three days before Katrina hit to stay with relatives, learning later that his Gentilly neighborhood home - situated between the London Avenue Canal and Lake Pontchartrain - was destroyed. A licensed social worker, Hayes found that his clients and livelihood were gone too, so he began showing his resume around Atlanta, and today is the Fulton County Supervisor for Project Hope, a FEMA-funded mental health program within the Georgia Department of Human Resources, where Hayes now numbers fellow Katrina evacuees among his clients. "I'm going to stay in Atlanta," he says...