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Aiding Africa In your article "Pain Amid Plenty," you write that this year the U.S. will give more than $800 million to Ethiopia: $460 million for food, $350 million for HIV/AIDS treatment and $7 million for agricultural development [Aug. 18]. To put that amount of money in perspective, let's take a look at what we are currently spending on the war in Iraq: $100 billion a year, or $8 billion a month, which is $275 million a day. So we spend the equivalent of our entire foreign aid to Ethiopia for one year in less than three days...

Author: /time Magazine | Title: Inbox | 8/21/2008 | See Source »

...team competition began, had less time to process her injury and how it would impact her Olympic experience. Peszek was first up on the vault, but had to sit out all events but the uneven bars. "My adrenalin was pumping, and I wasn't actually thinking about the pain," said Peszek. "They gave me some medicine and surprisingly, it didn't hurt. It was more emotional for me, because it was my dream to compete in the Olympics. No one ever goes through making it on the team and thinking this is my future. That's what was upsetting...

Author: /time Magazine | Title: US Gymnasts Finish Off in Style | 8/20/2008 | See Source »

...Still, property developers feeling the pain would do well to take the long view. "We've seen falls of this scale many times before," says Davidson, recalling "big crashes in [City] rents in the early '90s and around the turn of this decade." Further proof of property's fast-changing fortunes: when the Wall Street crash wiped out demand for space in a newly built Empire State Building in the '30s, locals dubbed the iconic skyscraper the "Empty State Building." London developers can be forgiven for aiming high...

Author: /time Magazine | Title: A Renters' Market in London | 8/18/2008 | See Source »

...when the starting gun went off, Liu was missing from Lane 2. Minutes earlier, during a warm-up set of hurdles, Liu had grabbed his right leg, wincing in pain. As the 25-year-old returned to the starting blocks, his face was clenched in a grimace. The nearly 91,000-strong crowd, which had gathered at the Bird's Nest stadium to watch China's most beloved Olympic athlete, couldn't see Liu's contorted facial expression, so his fans continued to wave their national flags. Then, a false start. Liu took a few brave steps...

Author: /time Magazine | Title: China's Track Superstar Drops Out | 8/18/2008 | See Source »

...press conference shortly after Liu pulled out, Liu's coach Sun Haiping, who has mentored the Shanghai-born athlete since he was a child, dissolved into tears. Dabbing his eyes with a tissue, he described how Liu's hamstring and Achilles tendon had caused excruciating pain and how sports hospital staff had tried intensive massage to heal the injuries. But it was of no use. The throbbing, exacerbated by a training session two days before, was so severe that the hurdler was shivering during rehab treatments. Liu was determined to compete unless the pain was "intolerable," said Feng Shuyong, China...

Author: /time Magazine | Title: China's Track Superstar Drops Out | 8/18/2008 | See Source »

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