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...Tokyo has taken a different approach. The city started a fund back in 2006 for the construction of its proposed Olympic venues and infrastructure. Tokyo's metropolitan government will have banked some $4 billion by the end of 2009. The city authority "knows that during good moments, you save money," Hidetoshi Maki, deputy director-general of the Tokyo bid, told reporters in London on Feb. 5. And with the national government pledging to cover up to 50% of the venues' construction costs, "we don't think our bid plan is hugely damaged" by the slowdown, said Maki. Limiting the number...

Author: /time Magazine | Title: In Hard Times, Olympic Plans Go On a Budget | 2/10/2009 | See Source »

...Congress and Treasury may save the U.S. banking system and rescue mortgages which would normally go into default and move toward foreclosure. The programs may all look perfect on paper. In reality, it has become clear that when the issue of who will actually make the programs work comes up, there are not enough qualified people to go around...

Author: /time Magazine | Title: A Treasury With Too Much To Do | 2/9/2009 | See Source »

...Chute received the puck at the left post but couldn’t poke it past Ladiges’ pads. Just over a minute later, Vaillancourt fed her linemate a long pass and sent Chute on a breakaway. Good defensive pressure and a body save from Ladiges halted the opportunity...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: Crimson Edges Out Bulldogs | 2/9/2009 | See Source »

...issue, ever single factor, everything in relation to the horrific weekend, to the horrific fires on Saturday is investigated and uncovered," he told reporters as he toured the fire ravaged areas. Official advice to stay and defend their homes or leave before the fire became dangerous had failed to save people, he acknowledged...

Author: /time Magazine | Title: Horror and Tragedy in Australia's Worst Wildfires | 2/9/2009 | See Source »

Sidling up to the Vatican, the country's mercurial Prime Minister weighed in heavily on the Englaro case, declaring his moral obligation to do whatever possible to "save a life in danger." Berlusconi said that if it were his daughter lying in a coma, he wouldn't cut life support. Before her death he said that he'd been told that Englaro is "hypothetically" able to bear children. On Feb. 6 the prime minister introduced a decree that would have forced the doctors to provide full care and feeding to Englaro, but Italy's President Giorgio Napolitano refused to sign...

Author: /time Magazine | Title: A Controversial End to Italy's Own Terri Schiavo Case | 2/9/2009 | See Source »

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