As the International Olympic Committee prepares to anoint a host for the 2016 Olympic Summer Games Friday in Copenhagen, cities vying for the honor are unlikely to receive much of a direct economic boost as host.
President Obama will travel to Copenhagen this week to lobby on behalf of his hometown of Chicago and its bid to land the 2016 summer games.
A day after a historic election in Japan that saw the nation's ruling party removed from power for just the second time in postwar history, the newly elected majority began planning for the creation of a new government. Regional experts…
Voters in Japan on Sunday rejected their incumbent political party for just the second time in postwar history, choosing instead a party that promised to reverse the nation's struggling economy and to redefine Tokyo's relationship with Washington.
Japan's economy climbed out of yearlong recession in the second quarter, the government said Monday, expanding 3.7 percent at an annual pace as it joined Germany, France and other regions that appear to be emerging from the global financial crisis.
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