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Even in countries where the people love it, cricket has never been a sport you would play to get rich. While the cream of the game in the traditional strongholds of England and Australia do better than all right these days, we're still talking about a level of reward - maybe $1 million a year for the highest-paid players - that wouldn't get the kings of Major League Baseball or Premier League soccer...

Author: /time Magazine | Title: The Indian Century | 2/28/2008 | See Source »

...world's best players. To buy the franchises themselves, an assortment of businessmen and Bollywood actors had earlier forked out a total of $700 million. "The IPL has the backing of some of the heaviest hitters in India, if not the world," says Gus Seebeck, sport-marketing manager for Australia's Network Ten, which paid more than $10 million to secure the local TV rights for the IPL from Sony Television and the Singapore-based World Sports Group (WSG). Sony-WSG spent more than $1 billion for the exclusive global rights for 10 years...

Author: /time Magazine | Title: The Indian Century | 2/28/2008 | See Source »

...Flow"] Lusi may, in fact, be unstoppable. In 1979, the oil company Shell set off a similar eruption while drilling off the shore of Brunei. That mudflow took 20 years and 20 relief wells to halt, according to Mark Tingay, a geologist at the University of Adelaide in Australia. Lusi may eventually choke itself as mud clogs its interior plumbing. But if left to die on its own, Davies estimates that it could continue to erupt for years, and perhaps even decades. Hardi Prasetyo, deputy head of the new government team in charge of Lusi, says that his workers...

Author: /time Magazine | Title: A Wound in The Earth | 2/28/2008 | See Source »

Convicted of the 1994 kidnapping and murder of three backpackers in Cambodia, the former Khmer Rouge commander Sam Bith was sentenced to life in prison in 2002. David Wilson of Australia, Mark Slater of the U.K. and Jean-Michel Braquet of France were on a train when it was ambushed by Khmer Rouge fighters. The rebels had been waging a guerrilla war in the jungle after the violent four-year reign of their leader, Pol Pot, ended in 1979. Several Cambodians were killed in the 1994 attack. The three travelers were held for three months, then executed when ransom negotiations...

Author: /time Magazine | Title: Milestones | 2/21/2008 | See Source »

...Caledonia, for example, Vale inherited a nickel project that had stalled because of concerns from residents. Vale flew some of the locals to the Amazon to show off its environmental stewardship; the project is now on track, along with 29 others in Mongolia, Mozambique, Gabon, Oman and Australia...

Author: /time Magazine | Title: Brazil's Behemoth | 2/21/2008 | See Source »

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