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...pick was left to Obama's discretion after the governors of the G-20 decided the event would be held in the U.S. Obama said he chose Pittsburgh to showcase the city's reinvention from an aging industrial town into a tech-heavy, eco-friendly metropolis with a burgeoning alternative-energy sector. The success story isn't all hype - Pittsburgh's unemployment and foreclosure rates are lower than the national average, and the sagging steel industry is no longer the sole engine of the city's economy. (See pictures of world leaders partying...
Pittsburgh is just the second noncapital city to hold the event, after Montreal in 2000. But it shouldn't be too overjoyed. While the designation is certainly an honor, hosting the G-20 doesn't really have economic benefits. In addition to security concerns, the host pays a premium. To hold March's meeting of the G-20, London shelled out an estimated $131 million - a big number for any city to absorb, and more than four times the expected cost. With fewer than 4,000 people expected to attend the Pittsburgh summit, experts say the local economy should...
...commonsense conservatism" and Reaganomics and offer commentary on Asian geopolitics. But if this luncheon keynote address was the former Alaska governor's first credential-burnishing step toward a 2012 presidential bid, it was made with the pesky media well at arm's length. All press were barred from the event, reportedly at the request of Palin's camp. Details of her remarks have been pieced together from interviews with delegates who were in attendance, tweets from inside the ballroom and a few private recordings of the proceedings that were obtained by news agencies. Neither spokespersons for Palin or CLSA Asia...
Though dubbed "a conversation with Sarah Palin," the event turned out to be more of a monologue. She spoke for almost 90 minutes, all the way to 2 p.m., when the session was supposed to end. As an attendee said while walking out, "she clearly wanted to keep talking so there'd be no questions." The moderator did ask her a few questions, but that part of the program lasted less than 10 minutes. (See pictures of Sarah Palin...
...This year's event takes place Oct. 15-18 on Lake Malawi's southern shores, at Nkopola Lodge in Mangochi, a three-hour drive from Lilongwe, the capital. Headlining are English indie band the Maccabees, while other acts on the roster include DJ Nihal, hip-hop artist Sway DaSafo and Malawi's home-grown reggae band, the Black Missionaries. A detachment from the U.K.'s National Young Volunteers Service - a personal-development and service organization for young people - keeps things running smoothly over the course of the event. (See Time.com/Travel for city guides, stories and advice...