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That's changing. Kenya issued six exploration licenses between 2000 and 2002 and two more to CNOOC in the next four years. In 2008 and 2009, it issued 18 new licenses. "Despite a long history of unsuccessful exploration, the oil companies are investing in Kenya," says Mwendia Nyaga, managing director...

Author: /time Magazine | Title: Is East Africa the Next Frontier for Oil? | 3/10/2010 | See Source »

You suggest that we wrongly believe that doing the right thing will prevent us from getting ahead. Where do you think that idea comes from? I think it comes from a short-term mentality. We've moved away from the long-term mentality of creating wealth to a slightly more...

Author: /time Magazine | Title: How Trust Creates Wealth | 3/10/2010 | See Source »

The teams are being offered a six-month trial, and Squadron says almost every team is toying with it right now. Though Bloomberg won't say how much it will charge the clubs for the product, a source close to the company says Bloomberg plans to price it at a...

Author: /time Magazine | Title: Bloomberg's Financial Tools, Now for Baseball Geeks | 3/10/2010 | See Source »

Sendek is the brains behind a burgeoning Internet effort to make hella- an officially recognized scientific-unit prefix, representing the magnitude of 1.0x1027, expressed by the number 1,000,000,000,000,000,000,000,000,000. What started as a joke between a few of Sendek's friends...

Author: /time Magazine | Title: Hellabytes? A Campaign to Turn Slang into Science | 3/10/2010 | See Source »

Right or not, France’s actions against veils have set the tone for the rest of Europe. Now, Austria, Denmark, and the Netherlands are also considering banning the veil. But this is not the solution to acrimony between religions, or the problems of integrating immigrant Muslims into European...

Author: By Anita J Joseph | Title: No Liberté in Fraternité | 3/9/2010 | See Source »

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