Word: centralism
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...city has no place to go but out. Real estate--cramped central Paris is a mere 41 sq. mi. (105 sq km). That may not compare badly with Manhattan's 24 sq. mi. (62 sq km), but it's dwarfed by New York City's total 305-sq.-mi. (790 sq km) reach and the 610 sq. mi. (1,580 sq km) of Greater London. Meanwhile, London and New York City can accommodate residents, businesses and tourists somewhere Paris can't: high in the air, in skyscrapers. One of the elements that make Paris so appealing in the first place...
...have been built in the Stade de France area since the Cup, and businesses have moved in. Says Zoughebi, "Tourism will also issue from that trend, as people learn they can find new, modern, comfortable, more affordable accommodations and interesting cultural activities a short Métro ride away from central Paris," she says...
...municipality plans to add 7,500 rooms to the existing stable of 75,000 over the next few years. To help tourists choose, officials have introduced a fifth star for hotels, a rating many nations already have. And as part of the transport revamp, a direct rail link from central Paris to Charles de Gaulle is expected to go into service...
...store where Sawyer used to work—owner Wayne Rogers said that he viewed Weirdo’s opening not as increased business competition, but as a “positive sign of the strength of the area.†Due to the distance between Harvard and Central Square, and because each store offers slightly different material, record store owners said they did not expect to be impacted by Weirdo’s presence. Browne, the CEO of Newbury Comics, said that he welcomed the opening of another music store nearby. “We like it when...
...These men would have once spent their days barking out orders for shares on the trading floor (actually a U-shaped conference table in a nondescript downtown office) of the Harare bourse, but Zimbabwe's central bank forced the exchange to shut down last November amid allegations of fraud and rampant speculation - allegations deemed spurious by Zimbabwe's small investment-broker community. To be sure, the exchange was producing annual nominal returns of 23 sextillion percent, but Zimbabwe's inflation rate is even higher, rendering the bourse's real return close to -35%. Still, the government was taking no chances...