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...only about one-third of the 1,400 wells in southern Iraq are functioning. Oil Minister Hussein Shahrastani estimates it will cost about $50 billion to upgrade infrastructure needed to produce Iraq's target of 6 million barrels a day by 2017. "Iraq's oil industry is in a dire state," says Samuel Ciszuk, Middle East energy analyst for the consultancy firm IHS Global Insight in London. "Decades of war, brain drain, political instability and underinvestment have all depleted what was there." When foreign oil companies finally start working Iraq's fields, they will face a critical shortage of local...

Author: /time Magazine | Title: Pump It Up: The Development of Iraq's Oil Reserves | 12/7/2009 | See Source »

...weeks leading up this announcement, dire rumours had circulated among Law School students that cuts to the school’s public interest programs were forthcoming...

Author: By Elias J. Groll and Athena Y. Jiang, CRIMSON STAFF WRITERS | Title: Harvard Law School To Reduce Public Service Funding | 12/1/2009 | See Source »

...opposition is doubtful of the regime's intentions. Oury Bah, head of the opposition party Union of Democratic Forces (UFDG), says the junta is in dire need of cash to pay its supporters. "They need money to stay in power," he says. "They're ready to sign anything." For its part, the opposition is refusing to take part in talks with the junta aimed at creating a national unity government, saying that doing so would only legitimize Camara's rule. As Bah says: "There's no reason to be optimistic...

Author: /time Magazine | Title: In Guinea, Hopelessness After the Massacre | 11/28/2009 | See Source »

...come to realize, however, that these prurient meditations represent more than the lecherous fantasies of an old man. Early in the novel, Ismael recalls the dire circumstances in which he and his wife first met; in the bus station of a nearby town they both witnessed the shooting of a man by an eleven year-old boy. Rushing nauseated to the lavatory, Ismael walked in on his future wife sitting on the toilet and was instantly transfixed: “… her eyes like lighthouse beams over the hitched up island, the join of her legs, the triangle...

Author: By Grace E. Jackson, CONTRIBUTING WRITER | Title: Violence Penetrates Society, the Psyche in ‘Armies’ | 11/20/2009 | See Source »

...increasing number of fans say yes. But both FIFA and its European pillar, Union of European Football Associations (UEFA), have repeatedly rejected using video. Both bodies have threatened European pro leagues with dire consequences if they even test the use of replay. FIFA officials and the UEFA president, former French soccer great Michel Platini, advance a slim list of unconvincing reasons for slapping video down. The cost of such technology, they argue, would mean leagues in poorer countries wouldn't be able to use video, dividing soccer into haves and have-nots. They also claim that the time taken...

Author: /time Magazine | Title: Soccer: France's Sweet Cheat Thierry Henry | 11/19/2009 | See Source »

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