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...terms of F1 economics, however - and this is especially true for the newest hosts - it doesn't matter if none of F1's race promoters comes close to covering costs. The shortfall is increasingly paid for by governments who view television coverage as a giant TV commercial for their city or country. Singapore hosts a spectacular nighttime race on city streets beneath twinkling lights. In 2008, its first year, the race took in $51 million, but cost $100 million, according to Formula Money. That's O.K. with Singapore. The government kicked in $60 million, leaving the local promoter with...
...countries that favored McCain over Obama. In the U.K., there are no differences among the major parties on the country's Afghanistan policy - and certainly no big-name politicians calling for the 9,000 British troops to be pulled out. But that doesn't mean the U.K.'s newest voters won't have an opinion on the mission. "Right now, all the aid money is being spent in the conflict areas," says Reza Khateb, a program volunteer in Kabul. "If you spend your money in the secure areas, it will be more visible to the people." (Read: "Iraq: Political Turmoil...
...record players in their rooms. They threw parties and jazz concerts in Mather courtyard. When the weather was nice they would run power-cord extensions out the windows and type their papers outside, on their Smith Corona electric typewriters. They screened movies in the Science Center: once, during the newest 007 film, someone spliced in a hardcore pornographic scene right after the movie alluded to a Bond tryst...
Last week, the Detroit Institute of Arts opened its newest permanent gallery, one devoted to Islamic works. The collection, which features a Timurid Koran written on gold-flecked Chinese paper, and ceramic bowls from the 15th century Ottoman Empire, is a bold acknowledgment by one of the country's most venerable museums of the breadth of Islam's influence. It's also a test of whether the cash-strapped museum can tap into this region's relatively affluent Middle Eastern community, the largest in America...
...There is, perhaps, another factor as well. Instead of coming up through Harlem's political machine, the newest batch of African-American leaders - stars such as Obama, Newark Mayor Cory Booker and Alabama Representative Artur Davis, Rangel's colleague on Ways and Means - have risen through the traditional channels of the U.S. meritocracy, says David Bositis, an expert on black electoral politics at the Joint Center for Political and Economic Studies in Washington. "These guys are Ivy league, corporate-law-firm types," Bositis says. "You're talking about a very different political system than what Basil Paterson, Dinkins and guys...