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...desire to return the event to the Americas. Rio would be the first South American city to host the Games, but there is grave concern about its ability to afford the significant infrastructure and security requirements. American Olympic officials are betting they can sell the IOC on Chicago's robust sports culture and the city's relatively harmonious ethnic and racial diversity. The Olympic Village is to be built along Lake Michigan, just south of downtown. An 80,000-seat Olympic Stadium is to be built in Washington Park, which is tucked between a middle-income neighborhood of rowhouses...

Author: /time Magazine | Title: Olympics 2016: Chicago Makes Its Case | 4/5/2009 | See Source »

...estimated 22 percent of its value in the four months ending Oct. 31, according University officials. Harvard planners have said they are anticipating a 30 percent decline for the full fiscal year, although some reports have speculated that losses could be even greater.While Harvard has “robust credit strengths” and maintains a $2 billion line of credit from a consortium of banks, Moody’s said the University’s liquidity position has suffered recently due to endowment losses and stress in the debt and swap markets. In December and January, Harvard completed...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Capital Spending May Be Slashed | 4/3/2009 | See Source »

...managed to avoid missteps during the highly public summit. He said that the G-20 sent "a robust message" by addressing issues such as the importance of fiscal policy and increased regulation of the markets - arguments he was making prior to the London conference. Japan also took the lead in an international effort to shore up the International Monetary Fund with an earlier pledge to provide the organization with up to $100 billion. The G-20 upped the contribution to $500 billion to help emerging countries that are in dire economic straits. "The IMF's fiscal foundation has been strengthened...

Author: /time Magazine | Title: A Reprieve for Japan's Embattled Leader? | 4/3/2009 | See Source »

...question that 3-D has an appeal to an industry that, though the box office has been robust in these recession days, is facing a slump in DVD sales and the prospect of hard times. Monsters vs Aliens, which opened Friday, is bound to be the weekend's big picture. Cameron's 3-D Avatar, his first feature film since Titanic in 1997, is the gotta-see event of 2009; and any film in the process by Spielberg, Jackson, Robert Zemeckis or Robert Rodriguez should be exciting, if only because the directors will be juiced playing with this marvelous...

Author: /time Magazine | Title: 3-D or Not 3-D: That Is the Question | 3/28/2009 | See Source »

...Washington and Mexico City focusing enough attention and resources under the anti-drug Merida Initiative toward local police reform? The U.S. needs to assure that enough money is put toward making the police forces along the border sufficiently robust - precisely so they'll be the first line of defense for the U.S., just as it's equally important that U.S. border police be better able to stop the flow of illegal weapons into Mexico. The U.S. also needs to be able to share more information with Mexico - like intelligence about [U.S.-based] gangs like Barrio Azteca, whose members are used...

Author: /time Magazine | Title: Juarez: Running the Most Dangerous City in the Americas | 3/27/2009 | See Source »

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