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...cost: The cost of traffic congestion hit $87.2 billion in wasted fuel and lost productivity, or $750 per traveler. By contrast, the cost of congestion in 1982 was only $16.7 billion, adjusted for inflation, or $290 per person...
...victims: Perhaps unsurprisingly, the nation's most congested area is greater Los Angeles, where travelers spend an average of 70 hours per year in traffic, wasting 53 gal. of fuel. Next up is greater Washington, at 62 hours; Atlanta rounds out the top three, at 57 hours. Of the areas studied, Wichita, Kans., and Lancaster, Calif., had the shortest delays, about six hours per year...
...Where does Sarah Palin go next? To the bank. She has already announced plans to write a book; her advance is reportedly in the millions. A celebrity of her wattage commands huge money on the lecture circuit, and at as much as $100,000 per speech, she can exceed her official salary in a couple of days. Attractive and garrulous, Palin seems born to host a cable-TV show...
...Bangkok, the concerns are more immediate. Pong, the female manager of Babylon Sauna, Bed and Breakfast, which depends on foreigners to stay afloat, frets that she may be forced to close. Babylon welcomed 800 visitors per day before the recession hit. That number now hovers around 500. "The entrance fee is already low, so dropping it won't make a difference," Pong says. So what's a sauna manager to do? "Pray...
...Indeed, TIME has learned that on the Chinese side, they were effectively being run out of the office of Prime Minister Wen Jiabao, though representatives of China's Iron and Steel Association were the front men at the negotiating sessions. China was demanding price cuts of up to 44% per ton of iron ore this year - about 10% more than the cuts Japanese and Korean steel producers received. (See pictures of Chinese investment in Africa...