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...million a month in visitor dollars. J. Stephen Perry, head of the Convention and Visitors Board, says the empty and damaged hotels "are like Baghdad on a bad day." But for the national economy, what's more critical is that Katrina disrupted a vital node in the country's transport network. You name the commodity--coffee, fertilizer, lumber, steel, wheat--it ships through the Gulf's ports, rails and riverways. All told, Katrina knocked out a region that contributes $130 billion to GDP, roughly 1% of the national total, according to Economy.com Risk Management Solutions, a leading risk-assessment firm...
...Exxon. In addition, foreign producers in 25 countries have pledged another 30 million bbl. of crude and refined product. The EPA is allowing sales of less stringently refined fuel, and President Bush is permitting foreign vessels to ferry oil and gas between U.S. ports (suspending a law prohibiting such transport...
...shipping grain by rail or truck isn't feasible on a large scale; it's too costly, and freight lines are already booked solid. It would take as many as 60 trucks to transport the 55,000 bu. of corn that would fit on a barge, says David Feider, a spokesman for the grain exporter Cargill. "We're not diverting cargo," he says. The prospect of corn being dumped on the domestic market has already depressed spot prices. But don't expect a break in the price of cornflakes. The corn in a 1-lb. box costs cereal makers just...
...Privately-owned Tuc d'Audoubert and Trois Freres have never admitted tourists. Rouffignac, another privately-owned cave 25 km west of Lascaux, has a natural advantage: its massive size. The cave's owners installed an electric train through some of its 8 km of tunnels in 1959. The carriages transport 30 people at a time into the cave, which has no fixed illumination. "We limit the visits to 550 people per day, and the fact that they don't get out and walk has helped preserve the cave," says Marie-Odile Plassard, a Rouffignac guide. "And we've never modified...
...team’s annual barbecue was held in the Currier courtyard Saturday night. Many people were carrying kegs or beer-pong tables, Kelly said. The shuttle services dispatcher on duty Sunday night said he was unable to identify the driver involved, and the operations manager of Harvard Passanger Transport was unavailable for comment. The Harvard University Football Office could not be reached for comment yesterday, and football players who were contacted said that they were not aware of the incident. “I don’t know anything about it,” said Daniel C. Brown...