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...company TNK-BP between BP and its Russian billionaire partners. Robert Dudley, the BP-appointed CEO, last month quit Russia, citing "sustained harassment of the company and myself." BP blames its Russian partners for orchestrating a state administrative and regulatory crackdown on the firm in recent months; the Russians claim BP hasn't lived up to its contractual obligations. Asked what advice he would give other foreign investors in Russia, BP Group's CEO Tony Hayward said: "Tread with caution...

Author: /time Magazine | Title: Risky Business in Russia | 8/21/2008 | See Source »

...believe that Senator John McCain is the candidate "most guided by his religious beliefs" hard to fathom. The testimonies of the two candidates in your "In Their Words" section shows McCain, in fact, to be far less connected to Evangelical spirituality than Barack Obama, who can also lay claim to an authentic born-again experience. Unfortunately, what this shows is that many Evangelicals believe that Republican and Christian are synonymous terms. It's time that myth be put to rest. The Rev. John Hubers, Chicago...

Author: /time Magazine | Title: Inbox | 8/21/2008 | See Source »

Contingencies like those are why Gabrovsek and Marefat have a 25-page agreement that spells out everything from how they pay for home repairs (fifty-fifty all the way) to what happens if one of them gets married (the husband has no claim on the house) or dies (the surviving owner has the right to buy the other half before it goes to next of kin). "People are friends, and they're honest people, but situations change," says Andy Sirkin, a real estate lawyer whose firm crafted the agreement. "You need to be ready...

Author: /time Magazine | Title: Should You Become a Co-Ho? | 8/21/2008 | See Source »

...comments that we are not the beam team, that we are not that strong on beam," said Johnson days after these Games began. "So we really wanted to work on that. We are the beam team now, and we want to show the world we can claim that title...

Author: /time Magazine | Title: US Gymnasts Finish Off in Style | 8/20/2008 | See Source »

...That clean-cut image is a calling card for Bolt and an entire new generation of Jamaican sprinters who have taken the Beijing Olympics by storm. With Bolt shattering world records to claim gold in the men's 100 and 200 meters, and Jamaica making a clean sweep of the medals in the women's 100 meters, the Caribbean island is fast earning the title of the world's fastest country. That reputation is music to the ears of Jamaicans who, for years, have become more accustomed to hearing their country discussed for its sky-high murder rate...

Author: /time Magazine | Title: Can Jamaica's Sprinters Fight Crime? | 8/20/2008 | See Source »

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