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...Tourism and Travel: California and New York - home to the country's two largest cities - both suffered dramatic declines in the number of visitors this fall. Hotel revenues in Manhattan plummeted in November, as did Broadway ticket sales. Atlanta, one of the nation's busiest hubs, experienced a drop in business travel. So too did Silicon Valley, which reported an increase in canceled corporate meetings. Restaurants in San Francisco are struggling as well; some predict they will close their doors completely in the new few months if conditions don't improve. The only upbeat tourism officials around are those...

Author: /time Magazine | Title: The Fed's Bleak Biz Report | 12/4/2008 | See Source »

...Zardari, Benazir Bhutto's widower, realizes that India's enemies in Pakistan are also his own: the very forces of Islamist extremism responsible for his wife's assassination were also behind the bombing of Islamabad's Marriott Hotel in September. The militancy once sponsored by the Pakistani military as a foreign policy tool now threatens to abort Pakistan's sputtering democracy. There has never been a stronger case for firm and united action by the governments of both India and Pakistan to cauterize the cancer in their midst...

Author: /time Magazine | Title: Opportunity in Crisis | 12/4/2008 | See Source »

...images out of Mumbai since Nov. 26 - a wild-eyed gunman in cargo pants and T shirt, black smoke engulfing the grand dome of the Taj Mahal Palace hotel, a cherubic toddler robbed of his parents - the one hardest to grasp is Mumbai without people. Driving toward south Mumbai on the morning after the attacks, the city's normally teeming streets were emptied of life. In one sense, this was lovely, if disturbing: you had unimpeded views of the city's stately colonial buildings, its stone-paved avenues and the glittering sea. But this absence of humanity also revealed...

Author: /time Magazine | Title: India: After the Horror | 12/4/2008 | See Source »

...will not be normal again." It's not just Mumbai. Among the 185 dead were visitors and expats from Israel, Singapore, the U.S. and Britain, and those who had come seeking work in India's most exciting place from all over the country: a software engineer from Bihar, a hotel manager from Manipur, a lawyer from Andhra Pradesh...

Author: /time Magazine | Title: India: After the Horror | 12/4/2008 | See Source »

...shock of enduring the three-day siege of its most famous hotels has jarred Mumbaikars - and fired media hysteria - in a way that, curiously, the city's long history of terror bombings and violence never has before. However, lost in the eulogies to those trapped within the Taj Mahal hotel and the Oberoi-Trident, are the 56 people shot on the same night at the Chhatrapati Shivaji Terminus, a central rail station for the transiting working class. It was the highest death toll for a single site during the three days of chaos. Many of the dead there were laborers...

Author: /time Magazine | Title: A Rally in Mumbai: "Remember 26-11!" | 12/3/2008 | See Source »

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