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...Even the notion of a fleet being maintained with an eye to going cheap on planes used for "poor" routes makes little sense, other experts say. "If you've established maintenance and safety operations for your fleet, it's going to be applied uniformly throughout," says Anthony Council, spokesman for the Geneva-based International Air Transport Association. "The reason, as we've seen in this case, is simple: should any of your planes have a serious incident, your entire operation falls under suspicion." (Read: "How to Survive a Plane Crash...

Author: /time Magazine | Title: Does the E.U.'s Airline Blacklist Make Flying Safer? | 7/3/2009 | See Source »

...Kurdish areas since last week, when the Chinese oil giant Sinopec announced that it was acquiring the Swiss oil company Addax Petroleum, which operates in Iraqi Kurdistan. "It will be much more difficult to blacklist Sinopec," says Yousni. "This is China, a permanent member of the U.N. Security Council, not some small oil company," he says. Having dared to take on Baghdad, China has increased the Kurds' ability to become an autonomous economic power, and perhaps allowed other companies to follow suit. "The Chevrons and Exxons of this world can now do the same, and go into Kurdish fields...

Author: /time Magazine | Title: The Reasons Behind Big Oil Declining Iraq's Riches | 7/2/2009 | See Source »

...Some think the E.U. has to show some teeth to maintain its credibility. "The E.U. needs to show that its position is associated with the U.S., with its implicit threat of coercive action," says Daniel Korski, senior policy fellow at the European Council on Foreign Relations. Noting that Iran's economy is struggling - oil is now below $68 a barrel and the recent turmoil will further deter foreign investment - Korski says the government has a long-term interest in repairing its relationship with the E.U. "Iran may rant and rage, but that doesn't mean the E.U. is being kicked...

Author: /time Magazine | Title: How Should Europe Respond to Iran? | 7/2/2009 | See Source »

...Lemgo says there are plans to launch the scheme in five other countries and it has received requests for its new technology from all over the world, including Sweden, Britain, the U.S. and Dubai. With the recession biting into town-council coffers everywhere and growing pressure to reduce carbon emissions, letting residents light up the night only when they need to seems like a bright idea...

Author: /time Magazine | Title: Germany's Bright Idea: Street Lighting on Demand | 7/1/2009 | See Source »

...sewers and a rail line to access it. Now, the government's majority stake will remain, but it will drop to 52%, from 57%. "Hong Kong Disneyland needs time to clean up its teething problems. Then profit will come," says Jeffrey Lam, a member of Hong Kong's Legislative Council...

Author: /time Magazine | Title: Can Hong Kong Disneyland Get the Magic Back? | 7/1/2009 | See Source »

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