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...government had already started to hit the brakes. In April, Macau's Chief Executive Edmund Ho announced that no new gambling licenses would be issued to additional operators, and that current concession-holders would not be able to apply for additional gaming tables or slot machines. That set a limit on future building, but Beijing was also concerned about the volume of mainland tourists frittering away their money at the tables in Macau - the only place on Chinese soil where gambling is legal. Each day, crowds of hopeful punters cross into Macau from Zhuhai, in mainland China, and pack ferries...

Author: /time Magazine | Title: Dark Days Ahead for Macau, Asia's Las Vegas? | 11/14/2008 | See Source »

...NATO Secretary General Jaap de Hoop Scheffer has consistently called on Europeans to shoulder more of the burden, and particularly to lift so-called "caveats" that some countries have in place to limit deployments to relatively safe parts of Afghanistan. Yet he acknowledges that Europeans are very active in institution building, civic reconstruction, economic assistance, advising on tackling corruption, and helping the Afghan and Pakistani governments improve border security - all areas where the E.U. has a lot of experience...

Author: /time Magazine | Title: Europe's Obama Problem: Afghanistan | 11/14/2008 | See Source »

...Parents don't have to be child psychologists to help their kids become responsible adults. Some common parenting set pieces can lay a good foundation. In homes with nearly limitless assets, the challenge is to create limits, so that children can learn that money is something to be earned and husbanded - it is not a birthright that they are free to squander at will. One of the first steps parents should take is setting up an allowance for kids as soon as they start school, according to the Gallos. "The purpose [of an allowance] is to learn how to budget...

Author: /time Magazine | Title: No Free Rides, Kid | 11/13/2008 | See Source »

...Resistance may not be limited to the U.S. Following Saturday's meeting of E.U. leaders, some contested Sarkozy's contention that a "fairly detailed common position by Europe" had been found. Czech Prime Minister Mirek Topolanek retorted that the E.U. had given Sarkozy, who will be attending not just as President of France but also as the current holder of the E.U.'s rotating presidency, a "vague mandate" for Washington that reflected "the divergent opinions on the way things should be handled." Luxembourg Prime Minister Jean-Claude Juncker, presumably piqued at the idea of his nation's tradition of bank...

Author: /time Magazine | Title: Europe's Hopes for G-20 Summit Risk Being Dashed | 11/13/2008 | See Source »

...that change occur? As soon as the governor signs the bill it will immediately become law and go into effect. The soonest it will happen will be November 21, one week after the session convenes. At that point, if a person leaves a child who is outside the age limit, then that person can be criminally prosecuted for the abandonment of that child...

Author: /time Magazine | Title: Nebraska's Abandoned-Kid Law | 11/12/2008 | See Source »

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