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...resounding yes. "We view the opportunity as one of those pivotal moments in our history," says Lance Pressl, an executive at the Chicagoland Chamber of Commerce. "Innovative juices flow, our broad shoulders get flexed and collectively we transform this great city into something even better." (See the long history of Olympic politics...

Author: /time Magazine | Title: Would Getting the Olympics Be Good or Bad for Chicago? | 9/30/2009 | See Source »

...billion privately funded Summer Games in 1996 sparked a construction boom in the city's downtown core and, according to the Metro Atlanta Chamber of Commerce, generated $5 billion in economic activity, including $1.8 billion in hotel, residential and commercial construction. What's more, the city found long-term uses for its Olympic venues, transferring the Olympic stadium and village to the Atlanta Braves and Georgia State University, respectively. "The Olympics gave Atlanta a tremendous boost in commerce," says Sam Williams, president of the Metro Atlanta Chamber. "We become a global city, not just the capital of the South." However...

Author: /time Magazine | Title: Would Getting the Olympics Be Good or Bad for Chicago? | 9/30/2009 | See Source »

...plan - still under development and, like everything else about Wikipedia, in flux - means that the online encyclopedia will undergo a far less momentous change than was previously reported. Wikipedia has long imposed tight controls on articles about boldface names - entries on Barack Obama, George W. Bush and Britney Spears, among roughly 3,000 others, are "semi-protected," meaning they can't be edited by anonymous surfers. Wales says that, at least initially, the new flagged-protection plan will probably apply to the same set of controversial articles, which are most prone to vandalism. But the vast majority of articles - even...

Author: /time Magazine | Title: Jimmy Wales Quietly Edits Wikipedia's New Edit Policy | 9/30/2009 | See Source »

...piling into dollars with ever greater enthusiasm because it is so weak and cheap to borrow. "Dollar borrowing picked up steam after the G-20 summit {that ended in Pittsburgh on September 25} when traders concluded that interest rates in the U.S. were going to stay low for a long time," says Mark Matthews, chief Asia strategist for Fox-Pitt Kelton Securities. Adds Olivier Desbarres, a currency strategist for Asia with Credit Suisse: "Hedge funds, pension funds, and the trading desks of investment banks are now all putting this trade...

Author: /time Magazine | Title: Who Loves the Weak Dollar? Currency Traders | 9/30/2009 | See Source »

...residents in Conakry remain locked in their homes, afraid to venture out into the streets. Jalloh says this could be the start of a massive government campaign against pro-democracy elements in the country. "This [scene] will repeat itself in the provinces," he says. "The situation will deteriorate as long as a new dialogue is not established." For Guineans weary of being ruled by dictators, the promise of life in a free democracy may yet be a far-fetched dream...

Author: /time Magazine | Title: Violent Crackdown Shatters Democracy Hopes in Guinea | 9/29/2009 | See Source »

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