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...Vegas" comments took a hefty toll on casino companies. Gaming revenue plummeted and a flurry of companies, such as Herbst Gaming, Trump Entertainment and Station Casinos, filed for Chapter 11 bankruptcy protection. Stocks nose-dived, with major names losing more than 85% of their value from their October 2007 peak...

Author: /time Magazine | Title: Why Carl Icahn Is Wagering Big on Casinos | 3/23/2010 | See Source »

...debate - they will confront the next challenge: getting the farmers to eventually grow other crops instead. The last time officials in Kabul tried to get Marjah farmers to switch to wheat cultivation was in 2008, when opium was selling at $75 a kg, a long way down from the peak of $250 a kilo in 2003. Even so, the farmers turned down subsidized wheat seed and fertilizer, believing opium would be more profitable. They were wrong. When the next crop was harvested, says Rory Donohoe, a USAID official in Lashkar Gah, Helmand's provincial capital, "some wheat farmers made more...

Author: /time Magazine | Title: Afghanistan's Fix | 3/22/2010 | See Source »

...northeastern Thailand and are supporters of former Prime Minister Thaksin Shinawatra, who was ousted in a 2006 military coup and now lives in self-imposed exile rather than serve a two-year prison sentence on a corruption conviction. The protesters, who have numbered over 100,000 at their peak, have occupied the main road in the old quarter of Bangkok for four days in an attempt to pressure Abhisit to resign. By Tuesday morning, their numbers had thinned to no more than 20,000, as many needed to return to the farms or homes to earn a living. The crowds...

Author: /time Magazine | Title: Thai Red Shirts Prepare for Bloody Protest | 3/16/2010 | See Source »

...that because of the number of jobs that would need to be added each month, it will likely take five to 10 years for employment to return to 2007 levels. In December 2009, the country's seasonally adjusted employment was at 129.5 million, down 8.5 million jobs from its peak in December 2007. Even if 150,000 jobs were added every month, it would take five years to return to 2007 job levels, he notes...

Author: /time Magazine | Title: A Hopeful Economic Sign: February Retail Sales Jump | 3/12/2010 | See Source »

Some three million pounds of explosives are detonated each day in West Virginia for coal mining, according to the U.S. Geological Survey, and the process shears up to 800 feet of elevation off each mountain peak, says Margaret Palmer, director of the University of Maryland's Center for Environmental Science. The black scars run visibly up the spine of the central Appalachians. And the explosions don't sound lightly: "When they put these blasts off, it's horrendous," says Maria Gunnoe, 41, of the community advocacy group Ohio Valley Environmental Coalition, who lives in Bob White, W. Va., 12 miles...

Author: /time Magazine | Title: In West Virginia, a Battle Over Mountaintop Mining | 3/12/2010 | See Source »

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