Health & Lifestyle

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The only people who didn't enjoy the awe-inspiring Opening Ceremony of the XXIX Olympic Summer Games had to be the folks with the London Olympic organizing committee. They host the 2012 Summer Games, meaning they have to follow the greatest show on Earth -- and, for my yuan, the greatest show in Opening Ceremony history.

If I were the Brits, I'd punt and go with Monty Python reruns. Unless they can top a gold medalist elevating and running on air around the entire circumference of National Stadium to light the torch. "I was very excited," torchbearer Li Ning said. "I could feel the strength rising from the depth of my heart. This was the result of one month's training. That moment means China is standing side by side with the rest of the world."

Seminal as it was, that moment was merely the last gasp-inducing scene in a show full of fireworks, flying and gravity-defying. For four sweaty hours, the Olympics literally levitated in the thick Beijing air. The 14,000 performers staged a tour de force of choreography, technology and can-do-ology for a country intent on using the Games as a springboard to new world prominence.  read more »

Among those featured in Time special issue "100 Olympic Athletes To Watch":

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Dara Torres (United States) - 41, nine-time Olympic medallist in swimming and mother of a two-year old who has qualified for her fifth Olympic Games, something no other swimmer has ever done. The time in the 100m freestyle that got her a ticket to Beijing was 2.47 seconds faster than her Olympic effort in 1988, at age 21 - a lifetime in such a short race.

Liu Xiang (China) – 25. When Liu Xiang claimed victory in the 110-m hurdles in Athens, delivering China its first ever sprint gold, you could almost sense the alarm in the announcers' voices. Few had heard of this mystery athlete, much less knew how to pronounce his given name. What a difference four years make. In Beijing, Liu, 25, along with basketball star Yao Ming, will be the poster boy for China's mighty Olympic squad. His name (pronounced Sheeahng) means "to soar" in Chinese.

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The rising cost of food is a growing concern for many people across the world. There have been protests, and even riots, in countries including Mexico, India and Egypt, clear evidence of the struggle that many people are now facing. However, if Italians feel that their local food retailer is charging unreasonable prices, they can now call on a new service to help them haggle or walk away. Thanks to a short message service (SMS) text system set up jointly by the Italian agriculture ministry and consumer associations, shoppers can check the average price of different foods in northern, central and southern Italy.

Italy’s Department of Agriculture, Food & Forestry, along with consumer organisations, have come up with the SMS Consumatori service www.smsconsumatori.it, which tracks prices for over 80 types of fruit, vegetables, meat, dairy products and so on. To use the service, shoppers send a text message to 47947 for free, typing the name of the product they want a price for. They get a reply straightaway listing both a wholesale price and average retail prices in the north, centre and south. If a product comes in varieties, the service sends separate messages for each of the most popular ones.

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NEW YORK (CNNMoney.com) -- Employers cut jobs in July for the seventh straight month, while the unemployment rate hit a four-year high, according to a government report released Friday. The Labor Department reported a net loss of 51,000 jobs in the month. Economists surveyed by Briefing.com had been forecasting a loss of 75,000 jobs in the latest report.

The latest report brought job losses this year to 463,000. The June job loss number was revised to 51,000. The unemployment rate rose to 5.7% from a 5.5% reading in June. It was the worst reading since March 2004, and slightly worse than economists' forecast of a 5.6% rate. The rate has now jumped a full percentage point from a year ago. But the 5.7% unemployment rate tells only part of the problem facing job seekers. It doesn't include those who have become discouraged from looking for work, or those who have accepted part-time jobs when they want to be working full time. Counting the unemployed or underemployed, the rate rises to 10.3%, the first time that measure has hit double figures since November 2003.

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SACRAMENTO - On Thursday, July 31, California’s Republican Governor Schwarzenegger signed an executive order cutting the pay of up to 200,000 state employees to the federal minimum of $6.55/hour and firing over 10,000 part time and temporary workers until the state’s budget impasse is resolved. The order exempts public safety agencies but will have an immediate effect everywhere else: Hiring, overtime and contracting will be halted, and tens of thousands of employees will feel the squeeze. It covers 22,000 retired state employees who work under contract, temporary and part-time workers such as those who fill in at the Department of Motor Vehicles, seasonal employees and student assistants. The order affects the approximately 10,000 state employees in San Diego and Riverside counties. They work at Department of Motor Vehicles offices, highway offices, state parks and beaches, unemployment offices, fish hatcheries and agriculture inspection stations.

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The Los Angeles City Council has approved a law that bans fast-food restaurants from opening in South LA. People who live in this area have the largest obesity problems. Approximately one in 3 children from South LA is obese, compared to one in five in the rest of the city. Nearly one-third of residents in the city's south are obese, compared with 19% for the overall Los Angeles area and 14% in the wealthier west side area.

The main thing responsible for this condition is poverty, as well as the fact that 73 percent of the restaurants in the southern part of the city are fast-food ones and offer meals that are high in calories and cholesterol. "There's one set of food for one part of the city, another set of food for another part of the city, and it's very stratified that way," Marqueece Harris-Dawson, a community leader in south Los Angeles, told the Washington Post this month.

The new law will ban the opening of any fast-food restaurants for a year, but there is the possibility that this period will be increased to two years. According to the new law, “any establishment which dispenses food for consumption on or off the premises, and which has the following characteristics: a limited menu, items prepared in advance or prepared or heated quickly, no table orders and food served in disposable wrapping or containers" is considered to be a fast-food restaurant.  read more »

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WASHINGTON - The White House predicted yesterday that President Bush would leave a record $482 billion deficit to his successor, a sobering turnabout in the nation's fiscal condition from 2001, when Bush took office after three consecutive years of budget surpluses.

The worst may be yet to come. The deficit announced by Jim Nussle, the White House budget director, does not reflect the full cost of military operations in Iraq and Afghanistan, the potential $50 billion cost of another economic stimulus package, or the possibility of steeper losses in tax revenues if individual income or corporate profits decline.

The new deficit numbers also do not account for any drains on the national treasury that might result from further declines in the housing market. The White House forecast was prepared before passage of the huge housing assistance package that Bush has promised to sign. That legislation would put taxpayer money at risk in numerous ways, especially if housing prices continue to decline.

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