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...three years ago Nigeria became only the second country in sub-Saharan Africa (after South Africa) to launch its own satellite. NigeriaSat-1 took off from Russia but is controlled by Nigerian scientists and engineers from a ground station in Abuja. The satellite, which was built in Britain, is part of a network called the Disaster Monitoring Constellation. Its job includes keeping an orbiting eye on Nigeria's vanishing forest resources and often vandalized oil pipelines. It also watches for impending disasters such as fires and floods and shares the information with a consortium that includes Algeria, China, Thailand, Turkey...

Author: /time Magazine | Title: Orbiting Over Nigeria: THE FRONTIER OF SPACE | 5/1/2007 | See Source »

...WEALTH $38 billion Fortune of steel tycoon Lakshmi Mittal, the richest man in Britain according to the Sunday Times list of the country's wealthiest people. Born in India, Mittal has made his home in the U.K. since 1995 4 Number of the five richest people in Britain who were not born in the U.K.; the Duke of Westminster, with an estimated worth of $12 billion on the 2006 list, comes in fifth behind foreign-born residents such as Mittal and Russian billionaire Roman Abramovich...

Author: /time Magazine | Title: Verbatim | 4/26/2007 | See Source »

...stories, he has developed a knack for measuring out his revelations in coffee spoons, saving the best for last. Of course, Swift has a shelf full of other knacks, some nicked from Dickens, Hardy, Flaubert and other 19th century greats. Together, these skills have made him one of Britain's most celebrated novelists. But his latest, Tomorrow, is a model of delayed gratification. That's what makes it so infuriating. Like his other novels, Tomorrow deals with sex, death, betrayal, history, intergenerational conflict, love and pain. But this one involves people who are mostly prosperous, likable and happy, and they...

Author: /time Magazine | Title: Old Master | 4/26/2007 | See Source »

...more than in the NBA. There's more to come. For each of the three seasons of a new broadcast deal that begins later this year, domestic TV rights for the Premier League fetched $1.1 billion, compared with just $680 million for the deal that expires this summer. Taking Britain's smaller population into account, the League, under the new deal, will generate 50% more domestic broadcasting revenue per head than the NFL, and eight times that of the NBA, according to consultants Deloitte. Increasingly, that TV revenue is going to come from outside the U.K. The Premiership...

Author: /time Magazine | Title: The Goal Rush | 4/26/2007 | See Source »

...what would be the largest financial-services merger ever, Britain's Barclays PLC bid for the Netherlands' largest bank, ABN Amro NV, for $91.16 billion. The result: a worldwide banking giant with 47 million customers...

Author: /time Magazine | Title: Deals: Merger Mania | 4/26/2007 | See Source »

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