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...victory would reduce that spending but might also bring down with it a rural economy propped up by soldiers' salaries and pensions. In many villages, the army is the main employer, and without it, families will begin to feel the full effect of the global recession in the garment, tourism and tea industries--the three pillars of Sri Lanka's economy. The government's only response so far has been to tighten import controls and promote local agriculture...

Author: /time Magazine | Title: The Tigers' Last Days | 2/19/2009 | See Source »

...with Israel. And behind the veneer of official disapproval, several take a live-and-let-live attitude toward the Jewish state. In particular, Gulf countries such as the Emirates have tried to balance their allegiance to the Arab cause with developing themselves as modern, global centers for trade and tourism. Indeed, recently they've begun to allow Israelis to participate in sporting events on their soil. Last year, Peer, currently the 48th-ranked professional woman player in the world, competed in Doha, Qatar, becoming the first Israeli to be part of an officially sanctioned tennis tournament in the Arabian peninsula...

Author: /time Magazine | Title: Tennis Diplomacy in the Gulf: No Love Match | 2/18/2009 | See Source »

...press conference. The outraged public, for better or for worse, was not having it. "Japanese are often concerned about negative reactions by other countries," says Shirakawa. "It's a kind of shame." The fact that the press conference was broadcast globally didn't help. "It's not like some tourism minister at some conference in Bermuda getting smashed," says Dujarric. "The economy is tanking and he's supposed to go to help the Japanese people deal with this. This was the public humiliation of the country...

Author: /time Magazine | Title: Japan's 'Drunk' Finance Chief Steps Down | 2/17/2009 | See Source »

...Midway between Sicily and North Africa, the tiny Italian island of Lampedusa has long been a prime landing spot for illegal immigrants. Last month, protests erupted over plans to build a second detention center on the island, as locals fear that an already damaged beach tourism industry will be further hit. (Read a TIME story about Europe's immigration problem...

Author: /time Magazine | Title: As the Global Economy Sinks, Tensions Over Immigration Rise | 2/6/2009 | See Source »

...Small World After All. From 2004 to 2007, world travel grew an average of 7% a year, but that ain't gonna be true this year. The U.N. World Tourism Organization predicts the number of tourists, which reached about 924 million last year, might decline by up to 2 percent in 2009, with Europe and the Americas hit the hardest. At least the beaches in Bora Bora will be less crowded...

Author: /time Magazine | Title: Sweet Treats and Other Presidents' Weekend Getaways | 1/31/2009 | See Source »

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