Word: coasted
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Harvard sailing battled its way through the Atlantic Coast Championships this weekend, coming out with bittersweet results and determination to improve from their mistakes when they hoist their sails again in the spring. The co-ed team took eighth place out of 18, while the women took 14th...
...Manny Pacquiao, now 30, is the latest savior of boxing, a fighter with enough charisma, intelligence and backstory to help rescue a sport lost in the labyrinth of pay-per-view. Global brands like Nike want him in their ads. He made the TIME 100 list this year. West Coast baseball teams invite him to throw out the first pitch in order to attract the Filipino-American community. He has even become an object of desire: ESPN the Magazine has his naked torso in its Body Issue, which explores the engineering of several athletic physiques...
...data, property prices in 70 cities rose 3.9% in October from a year earlier - the largest increase in 14 months. In 20 of the cities, prices jumped more than 1% from the month before. The phenomenon isn't limited to just a handful of wealthy cities on China's coast. Towns such as Nanjing, Kunming and Chongqing are experiencing price hikes as well. Though most observers believe China's real estate market is not in a bubble just yet, making sure it doesn't reach that point is one of the biggest challenges facing Beijing today. "Rapidly rising property prices...
...more and more of the country's 1.3 billion people can afford cars, refrigerators and flat-panel TVs items not too long ago considered luxuries for a fortunate few. Chen Baogen, Xi'an's mayor, says his city of eight million had lagged behind towns on the export-oriented coast, but now incomes are growing to the point where consumption is taking off. In the first nine months of 2009, retail sales in the city increased by 19%, well above the 14.8% growth posted in China's cities nationally. "Xi'an has reached a very important development stage," Chen explains...
...ships to be attacked in the Gulf of Aden through September of this year, the Alakrana and its three dozen crew have been held hostage off the coast of Somalia for the past six weeks. The pirates have demanded a ransom of $4 million, far more than the $1.2 million reportedly paid to release another Spanish trawler that was hijacked in April 2008. There have been reports - though no confirmation - from Echebaster, the firm that owns the Alakrana, that the company would be willing to pay the amount. But for the moment, their willingness is largely irrelevant...