Word: fallout
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...games are actually cheaper if you measure their cost by the hour. If we say that movies cost $10, and assume that the typical movie lasts 2 hours, then a moviegoer spends $5 per hour of entertainment. Most games last much longer. A triple-A video game title like Fallout 3, for instance, is priced at $60, but reviews have claimed anywhere between 50 and 100 hours of playtime. Even using the conservative estimate of 20 hours of gameplay, the consumer only pays $3 per hour. True, gamers need to buy the console too, but many people buy games...
...biggest fallout to date has happened in cities that are wholly dependent on one big industry, especially steel or autos. In the Urals town of Magnitogorsk, a gigantic steelworks has placed 3,000 workers on forced leave. In Novolipetsk, to the east of Lyudinovo, thousands more have been furloughed since Nov. 14, when the steel factory idled two of its blast furnaces. Alexei Mordashov, one of Russia's best known oligarchs, has shelved an $8 billion investment program at his Severstal metals company that was scheduled for 2009-2011. The government now estimates that companies will lay off about...
...state government under Blagojevich. It was a case that threatened to pull in President-elect Obama as well, though Blagojevich, who denied any involvement in Rezko's schemes, appeared to be in more immediate peril. In the end, Rezko was convicted on federal fraud and bribery charges without direct fallout for Blagojevich. Yet the governor faced several other probes, according to Chicago, involving hefty contributions to his wife from political fundraisers and money given even to his 7-year old daughter...
...Greece has experienced steady economic growth over the past seven years, but is now bracing for the fallout from the worldwide financial crisis. Many are angry that the government is giving $35 billion in aid to Greek banks at a time when one out of five citizens lives below the poverty line...
...political fallout has made this tragedy look more like Hurricane Katrina - a shock that exposes a nation's structural weaknesses. The most obvious problems were the inability of the central and state governments to anticipate the terrorist attack and to respond adequately once it had begun. Home Minister Shivraj Patil, in charge of internal security at the central government, was the first to resign. He has been under intense criticism for months, the pressure mounting with each new bombing elsewhere in the country. There have been at least 10 major blasts over the past 18 months, the most recent...