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...production by 20%, hitting companies such as Royal Dutch Shell, and costing the oil majors and Nigeria hundreds of millions of dollars. "There used to be clashes and other problems, but in the past five or six months things have gotten much more serious," says Manouchehr Takin, senior analyst at the Centre for Global Energy Studies, a London-based consultancy. While it's impossible to work out exactly how much that contributes to rising oil prices compared to the crisis over Iran and increasing demand, Takin says production losses in the Delta are "a major factor" in the high price...

Author: /time Magazine | Title: Nigeria's Deadly Days | 5/14/2006 | See Source »

...midst of the anarchy following Katrina, Bernazzani suddenly remembered the list. Before he was rescued, he went back into the rubble of the FBI building and scrounged through his senior analyst's desk until he found the computer disc. One of the first things he did after he got to dry ground was send the list to FBI headquarters. On Sept. 10, the list went out to every FBI field office in the country with orders to share it with local law enforcement...

Author: /time Magazine | Title: The Gangs of New Orleans | 5/14/2006 | See Source »

Intelligence experts say figuring out the patterns of communication helps in understanding a movement as amorphous and diffuse as al-Qaeda. The CIA's database of suspected terrorists worldwide has tripled in the past four years, to about 190,000, says William Arkin, an independent intelligence analyst who monitors NSA and other military spy organizations. "In terms of link analysis, social analysis and a better understanding of al-Qaeda and the nature of terrorist networks, I don't think it could have been done unless we had employed some of these technologies...

Author: /time Magazine | Title: Inside Bush's Secret Spy Net | 5/14/2006 | See Source »

...tobacco manufacturer. Experience in overseas operations will help Hiroshi Kimura, Japan Tobacco's new CEO. In the face of increasing competition and shrinking demand, the company saw domestic sales drop 2.5% in the last fiscal year. Foreign sales jumped more than 11% last year, to $7.6 billion. Morgan Stanley analyst Taizo Demura forecasts a 15% jump in Japan Tobacco's overseas earnings this year. That's because Kimura, 52, is looking to Russia, Eastern Europe, Asia and other emerging markets, where smokers are more resistant to health warnings...

Author: /time Magazine | Title: People to Watch in International Business | 5/14/2006 | See Source »

...merger helps Adidas gain market share and nudge closer to Nike overall, right now it's a drag on earnings: Reebok's orders declined 22% in the fourth quarter of 2005 owing to weak products and anxiety about Adidas' strategy for the brand. "Mind boggling," says John Shanley, an analyst at Susquehanna Financial Group...

Author: /time Magazine | Title: Competition: Global Game | 5/14/2006 | See Source »

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