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Indeed, the assault only seemed to grow in frenzy, scope and intensity as time passed. Less that two hours after the first reports of firings and explosions, which came at about 10 p.m. local time, it soon became clear that instead of just crude bombs left on bicycles, scooters and cars, this attack used the whole arsenal: grenades, AK-47s, rifles and a car bomb in a taxi that exploded on the highway headed to the city's international airport. And unlike previous attacks, which have hit mainly Indians in popular, crowded markets, this one appeared to have targeted foreigners...

Author: /time Magazine | Title: Terrorism Strikes in Mumbai | 11/27/2008 | See Source »

...imports come from Latin American nations, a level that outstrips even that which we take from the Middle East. Given America's checkered standing in the region, it's an alarming figure. In order to avoid being held hostage by fluctuations in the price of crude, the authors recommend developing sustainable energy infrastructures-an endeavor that will also help to suppress climate change. "The link between carbon-intensive activities and changes in the world's climate is now well established, and the consequences will be felt across the hemisphere," the authors write, noting that if "current human activity remains unchanged...

Author: /time Magazine | Title: Rethinking Relations with Latin America | 11/25/2008 | See Source »

Four Mather House residents swayed atop a rickety table, raised their cups to the air and pointed to a crude cardboard clock. The inebriated quartet began a rousing countdown of their sixth round of “Crunk Time.” Cold droplets of beer sprayed on their fellow House-mates, who reciprocated by chanting along and then chugging their drinks...

Author: By Lauren D. Kiel and Esther I. Yi, CRIMSON STAFF WRITERSS | Title: Alcohol Flows Freely at Tailgate | 11/24/2008 | See Source »

...result - a deflationary bust - is evident everywhere. On Thursday morning crude-oil prices - as good a barometer as any for global economic activity - plunged below $50 a barrel. In July crude peaked...

Author: /time Magazine | Title: The Global Economy's Big Fear Becomes Real: Deflation | 11/21/2008 | See Source »

...down years ago, are thought to have attacked more than 90 ships. In a recent 48-hour period, they apprehended vessels from Greece, Thailand and Hong Kong, and on Nov. 15 took the biggest prize of all, the Saudi supertanker Sirius Star, laden with an estimated $100 million in crude...

Author: /time Magazine | Title: The Moment | 11/20/2008 | See Source »

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