
Vegas dreamers go all in
During the boom in Las Vegas, four different people left a sure job in different parts of the country, hoping to make it big and land jobs in Las Vegas. For a while, everything was working out for them. Then the recession hit.
[Tracy] Bridges was able to build a life that made her a star at class reunions. Kami Bennett, with a $28-an-hour job at a home builder and a small inheritance, bought a black Mercedes S500, which she named Black Beauty. Craig Walsh, a union carpenter, got a tattoo on his upper right arm: a red phoenix soaring above the Luxor casino-hotel. Hope Camarena prided herself on showing her daughter that she could make it as a single mom.
They didn’t know it would all crumble, quickly and spectacularly, in the manner of a casino implosion.
WTO distributes ruling in airbus subsidies case
The World Trade Organization (WTO) issued a 1,000-plus page ruling on whether subsidies given by the European Union to Airbus were illegal.
The three-member WTO panel was widely expected to agree with complainant Washington that billions of euros of “launch aid” Airbus received to build the A380 and other top-selling planes was anti-competitive and broke trade laws.
Boeing says Airbus got a cumulative boost of USD$205 billion from advantageous loans and other perks from France, Germany, Spain and Britain over two decades, giving it an unfair edge.
United States considering $10 “tourist fee” to pay for promoting tourism
Congress is considering whether to pass a measure that would charge visitors to the United States a $10 entry fee. It will “go into a fund used to pay for promoting tourism.”
The $10 tourism sponsorship fee would be linked to the ESTA [Electronic System for Travel Authorization] pre-registration system currently required for all visitors from visa waiver countries. When ESTA was introduced, foreigners were told that it would always be free, and by hiding the new fee as a “tourism sponsorship fee”, the government obviously thinks they are keeping their word. The site currently says that there may be a fee in the future.
Photo: Roadside Pictures/Flickr Creative Commons


