Word: regional
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...Disney officials wouldn't say when the park will open or how much it will cost. The company stated in a press release that the Shanghai park will include "characteristics tailored to the Shanghai region," but a spokesperson declined to elaborate on what types of rides or attractions might be on offer. The Shanghai government has already reserved an estimated 1,000 acres near Shanghai's international airport in the city's Pudong district...
...Further expansion in Asia may be a good bet. Last year, roughly a quarter of Disney's revenue came from overseas operations. Asia contributed just 5%, but leisure-industry experts are bullish about the region's potential. Last year, eight of the world's top 20 amusement parks (by number of visitors) were in Asia, according to a report by Themed Entertainment Association, based in Burbank, Calif. The buzz in Shanghai is already tangible. "Chinese consumers have a lot of love for Disney," says Rein. "They're more excited about Disneyland than the Expo...
...Afghan theater is quickly becoming the main act in the Obama administration’s Middle East policy. As a result, the success of U.S. efforts in the region is inextricably tied to that of the Afghan government and its establishment as a legitimate authority. Unfortunately, the recent withdrawal of Abdullah Abdullah from the Afghan presidential race represents a poor decision on Abdullah’s part and a step back on Afghanistan’s road to recovery. Abdullah’s decision not to challenge incumbent Hamid Karzai in a runoff election can be explained as a principled...
While he will continue to govern his tumultuous nation, it is entirely unclear that Hamid Karzai is capable of presiding over a stable Afghanistan. As America determines its policy in the region moving forward, it should not be any more confident in Afghanistan’s leader than in its electoral process and should avoid depending on the country’s shaky government for support...
This agreement, in which Harvard will acquire over 30 million kilowatt-hours of renewable energy, slates the University to become the largest institutional buyer of wind power in the region, according to the Environmental Protection Agency...