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...long term. When the Games are over, the Olympic Village will be converted into nearly 3,000 new homes, more than half of which will be set aside as affordable housing. East London will also have new education facilities, retail and office space and a world-class transport hub. "We're building [all] this with the Games and legacy in mind," says Joanna Manning Cooper, spokeswoman for the London Organizing Committee of the Olympic Games (LOCOG...

Author: /time Magazine | Title: London 2012: An Olympics Progress Report | 10/2/2009 | See Source »

...some concerns that costs could spiral out of control. London Mayor Boris Johnson has put forth a plan to cut ?20 million ($32 million) from the budget by holding certain events (boxing, shooting, rhythmic gymnastics and badminton) in existing venues such as Wembley Arena - even if this means longer transport time for athletes staying at the Olympic Village. In response to recent opposition from the Olympic Board, which in addition to Johnson includes Lord Sebastian Coe, the LOCOG chairman, the ever-quotable Johnson evoked former Soviet leader Nikita Khrushchev, saying: "If I have to take my shoe off and bang...

Author: /time Magazine | Title: London 2012: An Olympics Progress Report | 10/2/2009 | See Source »

...Transport Transport authorities have been making steady improvements in the city's Underground system for a number of years, including extending the Jubilee Line to Stratford for the Games. Four new stations are also being built on the Docklands Light Railway system in East London, including two in Stratford. But above ground, there have been a few bumps along the way. Every host city has to designate a network of roads, known as an Olympic Route Network, which will be used by athletes and officials to get to the event venues. London police have expressed concern that the lanes reserved...

Author: /time Magazine | Title: London 2012: An Olympics Progress Report | 10/2/2009 | See Source »

...Security With the Games coming just seven years after the 2005 London transport bombings, terrorism is still a major concern for the city. And keeping the Olympic athletes and spectators safe won't come cheaply, so once again, money has become a concern. "The cost of providing the security for the London Games will be astronomic," Szymanski says. Britain's Home Office estimates that security will run about ?600 million ($959 million), but with three years to go before the event, the agency can't say exactly how the money will be spent. Apart from that are the logistics...

Author: /time Magazine | Title: London 2012: An Olympics Progress Report | 10/2/2009 | See Source »

...fully and immediately with the International Atomic Energy Agency on the new enrichment facility near Qum," Solana said, "and will invite experts from the agency to visit soon - we expect in the next couple of weeks." He also disclosed that the delegates had agreed in principle that Iran would transport some of the low-enriched uranium it had produced to a third country for further enrichment so that the uranium could be used to fuel a research reactor in Tehran that produces medical isotopes. (Read Joe Klein on Ahmadinejad, Iran's man of mystery...

Author: /time Magazine | Title: Iran Nuke Talks: Succeeding Beyond (Low) Expectations | 10/1/2009 | See Source »

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