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...What they find within the Serena's walls are uncommon luxuries by local standards. The 177 rooms come with modern furnishings, marble bathrooms, satellite TV and Internet connections on demand. Guest amenities include a business center, a health club, a swimming pool and a beauty salon. There's an international buffet restaurant, the Caf? Zarnegar, and, incongruously, an Asian specialty restaurant, the Silk Route, which offers Malaysian, Singaporean, Indonesian and Thai cuisine...

Author: /time Magazine | Title: "Take Me to the Serena" | 1/28/2006 | See Source »

Wielding the algorithmic model refined by NetJets and other fractionals businesses (if I have X customers, how many jets, boats, rooms, etc. will I need to meet demand at any given time period Y?), developers have zeroed in on a core market: older, well-heeled baby boomers, high-level executives and flush empty-nesters who want to play among themselves or with their families...

Author: /time Magazine | Title: Fun with Fractionals | 1/25/2006 | See Source »

...Davos prepares for elite gathering," by CNN "'U.S. budget and current account deficits are very important contributors to an unbalanced global economy, while the U.S. deficit has been a source of demand that has propelled the global economy forward for some years now,' said Lawrence Summers, President of Harvard University and co-chairman of the 2006 forum meeting...

Author: By Nicholas M. Ciarelli and Javier C. Hernandez, CRIMSON STAFF WRITERSS | Title: Summers Warns of Crisis Without Adjustments in Global Economy | 1/23/2006 | See Source »

...leaving a bitter aftertaste. Bad weather and rising energy costs have pushed raw sugar to its highest world price in a decade, about 15¢ a pound. In the U.S., a protectionist trade policy has made the situation even worse. "The 1 million-ton gap between sugar supply and demand will only grow more dire," says Sergey Gudoshnikov, a senior economist at the International Sugar Organization...

Author: /time Magazine | Title: How Sweet It Isn't In the Sugar Trade | 1/22/2006 | See Source »

...unceasing push for deregulation of power markets made an impact. "The trading aspect of their business actually solved a problem," says Brian Hamilton, CEO of Sageworks, a research firm in Raleigh, N.C. Deregulation doesn't work unless traders manage the hour-to-hour gaps between supply and demand and keep those markets efficient. In states like Pennsylvania that have well-designed systems, retail prices have fallen as much as 30% since deregulation took effect...

Author: /time Magazine | Title: Show Enron Some Love | 1/22/2006 | See Source »

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