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...What They're Protesting in Australia: Australian sheep farmer Peter Spencer, 61, has spent more than a month and a half on a hunger strike to protest a climate-change policy that prohibits him from clearing vegetation from his farm. Spencer--with the support of hundreds of other protesters--has argued that the laws, instituted to cut greenhouse-gas emissions, have reduced the commercial viability of his land. He is demanding compensation for his losses, something the government says should be decided by the courts...

Author: /time Magazine | Title: The World | 1/18/2010 | See Source »

...Vietnam's latest debacle involving two senior Australian executives may make investors think twice before getting into business with Vietnam. Tristan Freeman and Daniela Marsilli, the chief financial officer and chief operating officer of Qantas' Vietnamese operation, Jetstar Pacific, have been stranded in Vietnam since authorities prevented them from flying home to their families for Christmas. Earlier in 2009, Vietnam launched an investigation of the high-level executives after the airline, a Vietnamese and Australian partnership, reported a $31 million loss from bad bets on fuel futures, agreements on the future price of oil that committed Jetstar Pacific to paying...

Author: /time Magazine | Title: Jetstar Detentions Raise Red Flags for Investors in Vietnam | 1/15/2010 | See Source »

...squeamish about May-December cruise groups. The next cougar-and-cub voyage is slated for May, a weeklong voyage from Los Angeles to the Mexican Riviera on Royal Caribbean. Another is scheduled between Miami and the Bahamas next December on Norwegian Cruise Lines, and a cruise for Australian cougars is planned as well. Women like Navarro note that being able to market cruises for one's particular crowd is a way in this day and age "to show that you're being brought into the mainstream a little more...

Author: /time Magazine | Title: Why Cougar Cruises Proved Too Hot for Carnival | 1/14/2010 | See Source »

...protect Vietnamese fishing fleets. Still, considering China's size and wealth, there's little talk of an arms race in the region. "Vietnam is subject to the tyranny of geography. It's like a mid-sized Chinese province," says Carl Thayer, an authority on the Vietnamese military at the Australian Defence Force Academy. "If the elephant really decides to move, the Vietnamese will be squashed...

Author: /time Magazine | Title: China and Vietnam: Clashing Over an Island Archipelago | 1/14/2010 | See Source »

...beloved in its native Australia, where it is considered a symbol of the country's frontier toughness. (The dog-sized marsupial's second life as a Looney Tunes character hasn't hurt its popularity either.) But as fierce as it is, the devil - which is found only in the Australian island-state of Tasmania - is in danger of going extinct...

Author: /time Magazine | Title: Decoding the Tasmanian Devil's Deadly Cancer | 1/1/2010 | See Source »

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