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...Peter Munk, 80, the Hungarian-born Canadian who heads the mining giant Barrick Gold, that potential makes Montenegro a prime candidate for development. Relaxing in shorts and bare feet on his chartered 162-ft. (49 m) yacht on the deep blue waters near Tivat, Munk says Monaco was also a relatively backward town before it transformed itself - and swaths of the French Riviera with it - into the playground it is today. Tivat, or Porto Montenegro as the marina area is being renamed, will have a similar effect, Munk declares: "The whole Adriatic is going to be lifted up by this...

Author: /time Magazine | Title: Tivat: The Next Monaco | 8/20/2008 | See Source »

...when the government of what was then Serbia and Montenegro approached him in 2004 with an idea to privatize an old Austro-Hungarian-era arsenal not far from Kotor, Munk met Djukanovic and says he "fell in love" with him. Djukanovic lent him a government helicopter to look at the site: "It was mind-blowing," Munk recalls. "I saw these frigates and warships and submarines and thought that here a superyacht would feel right at home...

Author: /time Magazine | Title: Tivat: The Next Monaco | 8/20/2008 | See Source »

...General Assembly of jocks, some 16,000 athletes and coaches from around the world packed into 40 high-rise buildings, sprawled across 160 acres at the northwest corner of Beijing's Olympic Green. Look, there goes the Hungarian judo team, in red-and-white warm-ups! The South African badminton players, with their green and gold, share a sidewalk with the blue-clad Cuban shooter. Is Crayola an Olympic sponsor? It's a massive, multicolored gathering of young, strong and attractive athletes, a place where the food is free, the parties are plentiful, and the - well, let's just...

Author: /time Magazine | Title: The Village People | 8/7/2008 | See Source »

...salon is something called the "Environmental Information Center," a place where earnest volunteers hand out pamphlets trumpeting the green features of these Games. Shockingly enough, while the barbershop was buzzing on Wednesday evening, not a single athlete paid its well-meaning neighbor a visit. You will not hear a Hungarian judoka say to his teammate, "Great practice today, man. Gosh, I'm exhausted. Want to head down to the Environmental Information Center to unwind?" Gold trumps green in the Olympic Village...

Author: /time Magazine | Title: The Village People | 8/7/2008 | See Source »

...have swirled throughout the country: that Chernobyl survivors could spread radiation like a contagious disease; that victims have been placed in lead coffins and buried in unusually deep graves; that vodka and red wine are effective antidotes to radiation. During a visit to Budapest, Soviet Leader Mikhail Gorbachev told Hungarian factory workers, ''Chernobyl has warned us once again: man has set in operation a really fantastic force that must be strictly controlled.'' It was a telling message that surely reverberated last week through the lifeless silence of Pripyat...

Author: /time Magazine | Title: Pripyat, near Chernobyl, after the disaster | 7/21/2008 | See Source »

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