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...what was likely to be a hostile U.S. political reaction to the deal. Henkes wondered about the debt load that CNOOC would have to take on to finance the transaction?the firm is seeking to borrow about $16 billion. He asked whether a partner might be brought in to absorb some of the risk. (This was something Haier, a large Chinese appliance company, did, by turning to a U.S. private-equity firm as its partner in making a bid for Maytag last month...

Author: /time Magazine | Title: Uncharted Waters | 7/11/2005 | See Source »

DIED. CHARLES DAVID KEELING, 77, tenacious climate scientist and conservationist whose precise measurements of carbon dioxide in the atmosphere over five decades became the undisputed basis for global-warming concerns; of a heart attack; in Hamilton, Mont. Although many had previously assumed that the oceans and plants would absorb all the gas emissions from cars and factories, his so-called Keeling Curve, which since the mid-1950s has charted steady increases in carbon dioxide in the air, clearly linked the pattern to humans' increased consumption of fossil fuels, which release carbon dioxide when burned...

Author: /time Magazine | Title: Milestones Jul. 4, 2005 | 6/26/2005 | See Source »

...that the sin of slavery was shared by North and South. "Both read the same Bible, and pray to the same God; and each invokes His aid against the other ... let us judge not that we be not judged." In the largest sense, Lincoln's empathy allowed him to absorb the sorrows and hopes of his countrymen, to sense their shifting moods so he could shape and mold their opinion with the right words and the right deeds at the right time...

Author: /time Magazine | Title: The Master of the Game | 6/26/2005 | See Source »

...DIED. CHARLES KEELING, 77, tenacious climate scientist and conservationist whose precise measurements of carbon dioxide in the atmosphere over five decades became the undisputed basis for global warming concerns; in Hamilton, Montana. Although many had once assumed that the oceans and plants would absorb all the gas emissions from cars and factories, his so-called Keeling Curve has charted consistent annual increases in carbon dioxide in different locations since the mid-1950s?a pattern clearly linked to humans' increased consumption of fossil fuels, which release carbon dioxide when burned...

Author: /time Magazine | Title: Milestones | 6/25/2005 | See Source »

...reducing dependence on oil. Mexico needs to develop very aggressively its capacity to export goods other than oil. We need foreign investment to increase export capacity and [to enable us] to absorb modern technology. This goal requires considerable internal efforts and a climate abroad that will encourage investments in export products. No matter how hard we try in Mexico to increase exports, if the large markets do not give access to our export goods, the investor will not feel sufficiently encouraged to make the investments...

Author: /time Magazine | Title: Mexico: An Interview with Miguel de la Madrid | 6/21/2005 | See Source »

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