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...that $437.9 million from President Obama’s stimulus package is targeted for state transportation projects. According to a press release on Patrick’s official Web site, approximately $153 million of that amount will be given to “shovel-ready” highway and transit projects advertised for bid within the next 120 days. Shovel-ready projects are those that already have all requisite approvals and permits in place. For Cantabrigians, this could mean a new $36 million pedestrian bridge from North Point Park in Cambridge to Paul Revere Park in Charlestown, a highway project...

Author: By Liyun Jin, CRIMSON STAFF WRITER | Title: Stimulus To Fund Transportation | 3/9/2009 | See Source »

...class expectations and remains positive despite the tsunami of bad news. Thanks to a government scheme to encourage entrepreneurs, the once dirt-poor housewife has received some $8,000 in low-interest bank credits in recent years and now owns three shops that sell everything from shampoo to public-transit tickets. "I didn't have a bank account before," says Da Silva, 37, standing beneath graffiti-covered walls and pirated power lines. "I never had a car. I bought a Fiat Palio." Does she fear the global recession will quash her dreams? "I trust Lula. I don't think...

Author: /time Magazine | Title: The One Country That Might Avoid Recession Is... | 3/5/2009 | See Source »

...general hours before. The speaker of parliament, Raimundo Pereira, was sworn in as the state's interim President and is required to call elections within 60 days. Since winning independence from Portugal in 1974, Guinea-Bissau has been racked by poverty and upheaval, becoming in recent years a key transit point for cartels smuggling drugs from South America to Europe...

Author: /time Magazine | Title: The World | 3/5/2009 | See Source »

...Taking a 55 block walk along stretches of the elevated train in Brooklyn, Friedkin and D’Antoni “spitballed” the idea of a very different car chase, in which a driver pursued a man in a metro car.When the two went to the transit authority to assess the plausibility of this dream, the Movie God stepped in yet again. Asking for permission to film a train crash in an elevated train system that in over half a century had never seen an accident, the two were gravely told by the supervisor that allowing...

Author: By Sasha F. Klein, CONTRIBUTING WRITER | Title: Friedkin Makes the 'Connection' | 2/27/2009 | See Source »

...cautiously optimistic” about receiving more funding, and that she hoped that the BMC would be “paid more fairly” for the services it provides. On the state level, Massachusetts will benefit from funding for infrastructure improvements, including $300 million for mass transit; affordable housing projects; and education aid. In addition, the stimulus package will provide residents with tax cuts, low-income housing, medical care, and education funding. The plan also may create or save an estimated 79,000 jobs in the state, according to a report released earlier this week by the Obama administration...

Author: By Liyun Jin, CRIMSON STAFF WRITER | Title: Stimulus Sparks Optimism | 2/19/2009 | See Source »

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