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...mile or two down the Strip, MGM Mirage just sold off Treasure Island for $775 million to billionaire casino operator Phil Ruffin. The cash infusion should help the corporation finish construction on its $9.1 billion CityCenter, the largest private construction job in the U.S. Yet even in the best-case scenario, Vegas - and the rest of the country - won't begin to drive out of the ditch until the end of next year, as consumer spending improves, new hiring resumes and the city's battered construction industry gets back on its feet. The worst case? The recession deepens...
...November, the highest rate since 1984, and Schwer says it could rise to 10% next year. The figure translates to more than 111,700 unemployed Nevadans, according to the state's Department of Employment, Training and Rehabilitation. (The national rate is 6.7%.) Meanwhile, the city's largest food bank, Three Square, which supplies food to nonprofits throughout the city, budgeted $250,000 for purchasing food in 2008. The total food need for destitute families throughout the Las Vegas Valley is closer to $1.3 million...
...Fountainebleau and the M Resort, which add up to $20 billion of construction, as proof that the Vegas brand is fundamentally strong. "There's a resilience to Las Vegas that's unlike anything else you see in the country," says Dick Rizzo, vice chairman of Perini Building Co., the largest construction firm in town...
...government control. They are increasingly replacing Iraqi police as targets, despite the overall decline of violence, the report said. This year also marks the first in which civilian deaths outside of Baghdad outnumber those within the capital, a shift that Iraqi officials say reflects the fact that Iraq's largest city has become vastly more secure...
...whole region." Dressed in a long black coat and gripping the podium firmly with both hands, an unsmiling Zardari pushed back against what has over recent weeks been seen in Pakistan as pressure from Washington and New Delhi. "I want to tell the oldest democracy and the largest democracies of this world - listen to us, learn from us," he said. "We have lost our people," he added, in an apparent reference to the graves of four members of the Bhutto dynasty that lie near each other in the family mausoleum. "We do not talk about war. We do not talk...