Word: localizes
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...days, more importantly, the Final Four will jolt the local economy. Thousands of fans have flocked to Detroit for the big games, and they'll spend money in the city's downtown hotels, restaurants, bars and retail shops. The games are being played at Ford Field, the downtown home of the Detroit Lions, which will seat some 70,000 fans. Fan-festivals and free concerts throughout the weekend will also draw visitors downtown. The NCAA anticipates that the Final Four will generate anywhere between $30 million and $50 million in new direct spending for the ailing area. (Hear Dick Vitale...
...city, from an economic point of view the Spartans' success may actually hurt Detroit. Yes, since a Michigan team is playing in the game, more fans will be crowding Detroit's bars and shops than there otherwise would have been. But since Lansing is a neighbor, a reduction in local hotel stays could offset this revenue. Fewer out-of-towners also means less spending at the airport and on transportation (cabs, rental cars, and so on). Also, it's safe to assume that a portion of the Michigan State basketball fan base would have spent money in Detroit even...
...President will speak at historic Hradcansky square next to the majestic Prague Castle, a site offering splendid views of the red-roofed, river-laced city. He is expected to talk about reducing the nuclear weapons proliferation. "I am absolutely thrilled," says Jiri Hlupy, 76, a set designer in the local movie industry. He hopes that Obama's presence will "wake up" squabbling Czech politicians...
...million people on the northern tip of Sumatra, is facing security challenges as well. After a string of attacks by unidentified gunmen over the past three months, the central government is planning to send an additional 1,000 soldiers and 260 national police to join an estimated 9,000 local police officers to help stabilize the restive province. At least 16 people have been killed in shootings and grenade attacks that have heightened suspicions between former separatist rebels from the Free Aceh Movement (GAM) and the military. "The authorities need to ensure security and make sure the elections will...
...violence and harassment but I'm not sure they can be associated with politics," says Humam Hamid, a sociology professor at Syah Kuala University in Aceh."They could also be purely criminal acts, which happen everywhere." Regardless, many Acehnese are predicting victory for the Partai Aceh, one of six local parties joining 38 national parties in the legislative elections on April 9. "I think Partai Aceh will get the majority but am not sure by how much," predicts Humam. A local businessman expects it to be a landslide. "I think they could get as much as 75%," says Muni Hamid...