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Industry officials now want governments to start looking at the sector not just as a symbol of the frothy good times - but as a way to get economies back on track. "What are governments trying to do in a recession? They're trying to create jobs," Lipman says. "They say, 'Let's bail out the car manufacturers, let's do something about the banks,' and they forget about the major opportunity they have with the travel sector...

Author: /time Magazine | Title: Vacation Blues as Tourists Stay at Home | 5/4/2009 | See Source »

...Schreck said. “This year we knew they were going to do the same thing…we were lucky enough to come out and have the race we did.”Harvard’s undefeated first varsity boat staved off a quick start by the Huskies and pulled away in the opening minutes to a two-seat lead at the 250 meter mark. By the time the crews reached the Massachusetts Avenue Bridge, the Crimson had a clear advantage and used the remaining time to expand its lead, finishing the 2,000-meter race...

Author: By Dennis J. Zheng, CRIMSON STAFF WRITER | Title: Crimson Sweeps Huskies On Charles | 5/3/2009 | See Source »

...heavyweight team, all four varsity boats pulled out solid wins, with each crew beating its competition by over 11 seconds to keep possession of the Beanpot trophy and team banner for the third consecutive year. In the last home race of the season, the No. 16 varsity eight started the day off, jumping to an early lead against Northeastern, Boston University, Columbia, Boston College and MIT. The boats would finish in that order, with Radcliffe claiming an 11.5-second lead over second place Northeastern, easily winning the Rowlands Cup for the 11th straight year. “I think...

Author: By Alex Sopko, CRIMSON STAFF WRITER | Title: Radcliffe Tops Foes From Home, Abroad | 5/3/2009 | See Source »

...with the Taliban, the Taliban countered with a press release. A spokesman for the militants dismissed Karzai's announcement as a propaganda ploy to suggest a schism within the Taliban's ranks. Not only was that not true, the press release that was subsequently sent to journalists announced the start of the Taliban's spring offensive, dubbed "Operation Victory." It was the latest exchange in a critical second front in the Afghan war - a war of words that U.S. and Kabul government officials privately concede they are losing...

Author: /time Magazine | Title: Why the Taliban Is Winning the Propaganda War | 5/3/2009 | See Source »

...devils continue to rumble down the streets of Panama, colorfully resisting the calls for modernization. Who knows? The way things are going in the rest of the "first world," it might not be too long before second-hand school buses start looking more like the future of modern transportation, rather than its past...

Author: /time Magazine | Title: Panama City Tries to Exorcise Its Red Devils | 5/2/2009 | See Source »

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