Word: viewings
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...description that doesn't come close to encompassing his power) insists that all is now well with the world. "The sport's in better shape than it's ever been," he says coolly to TIME. "The negative things are all ironed out." But others have a more somber, realistic view of the state of F1. "The sport has been damaged. We were firefighting our way through last year and we still have to finish firefighting," says Martin Whitmarsh, who runs the powerhouse McLaren team. "It's time for this sport to grow up." (See the most exciting cars...
...terms of F1 economics, however - and this is especially true for the newest hosts - it doesn't matter if none of F1's race promoters comes close to covering costs. The shortfall is increasingly paid for by governments who view television coverage as a giant TV commercial for their city or country. Singapore hosts a spectacular nighttime race on city streets beneath twinkling lights. In 2008, its first year, the race took in $51 million, but cost $100 million, according to Formula Money. That's O.K. with Singapore. The government kicked in $60 million, leaving the local promoter with...
...necessary to understand something of Middle England. Defined by attitude, not geographical location, the country's heartland is inhabited by small-c conservatives and big-E Euroskeptics, people unsettled by rapid social change and radical ideas. Such voters, historically decisive in U.K. polls, tend to view liberals and urban sophisticates with deep suspicion, and might be expected to react to the profoundly liberal, unambiguously sophisticated Clegg with all the enthusiasm of vampires invited to dunk their French fries in aioli...
...Masques] didn't even get interesting when they started fighting," said Toby Lawrence, 10, whose mother had hosted his birthday party at the festival last year. He further noted that while he would rather view these movies than go to school, he would just as soon have watched TV. Other children had different concerns. Said one as he left the screening: "Some of the films were O.K., but I don't get why it was called A Moose Bush. There was no moose." Maybe next year...
...What I do not understand is the practice of depreciating one's own currency and attempting to pressure other countries to appreciate theirs for the purpose of increasing exports," he told reporters during a nationally televised event that wrapped up the annual session of China's parliament. "In my view, that is a kind of trade protectionism." (See pictures of the making of modern China...