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...nesting in bright light." Lucky producers can harvest two to four pounds of nests a month, worth up to $500 per pound ($1,100 per kg). Middlemen are buying up all the nests they can source, usually as quietly as possible. "They come to your doorstep and pay you cash," says Kok. "This business is a very secretive thing, because they're not paying any tax to the government. Everyone is doing it on an illegal or secret basis, where you declare 10 kilos but you are selling 1,000 kilos...

Author: /time Magazine | Title: Bird Bonanza | 7/20/2009 | See Source »

...argument that the Taliban and al-Qaeda in Afghanistan have evolved (or devolved) from purely religious terrorist groups into narcoterrorism syndicates with religious overtones. The drug trade nets them $500 million a year in profits, resources the militants use in their fight against Western forces. Until that supply of cash is cut off, Peters argues, Western forces cannot defeat the militants...

Author: /time Magazine | Title: Fighting the New Narcoterrorism Syndicates | 7/17/2009 | See Source »

There are also areas where the Taliban is threatening farmers with dire consequences if they don't grow poppy. The opium traffickers send in merchants in the fall to prepurchase the crops, so it gives the farmers a much needed cash injection that they use to get their families through the winter. We've done nothing in the international community to provide that kind of microcredit program for licit crops. To my mind, the important thing is to really take the focus off of the farmers and to put it on the traffickers...

Author: /time Magazine | Title: Fighting the New Narcoterrorism Syndicates | 7/17/2009 | See Source »

...certain limits on senior executives at firms that have not paid back some taxpayer funds and a number of proposals for regulators to develop new ways of better tying compensation to long-term risks. That leaves the White House vulnerable in the coming months. If Wall Street decides to cash in on its recent winnings despite the public rhetoric of the Administration, the contrast with the nation's still growing unemployment rate couldn't be starker. "It's just got to feel wrong to a lot of people," says Douglas Elliott, a fellow at the Brookings Institution, speaking...

Author: /time Magazine | Title: Goldman's Sudden Boom Could Be a Bust for Obama | 7/17/2009 | See Source »

...China is awash in cash. Furthermore, having invested tens of billions of dollars in Iran's energy sector, China - a permanent member of the U.N. Security Council - looks almost certain to veto any new tough sanctions against the country. In contrast, in the U.S. and Europe, there are growing anxieties over Iran's nuclear program as well as outrage over last month's violence...

Author: /time Magazine | Title: How Iran Might Beat Future Sanctions: The China Card | 7/16/2009 | See Source »

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