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The government may have been right all along. After months of sticking to their demands, oil companies now are agreeing to Iraq's $2-a-barrel offer. In mid-November, Italian oil executives from ENI flew to Baghdad to sign a deal on Zubair, a southern Iraq field with about...

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

But analysts say it wasn't just Morales' social largesse that ensured a larger landslide this time. Critics foresaw macroeconomic disaster three years ago when Morales, fulfilling a campaign promise, nationalized Bolivia's vast natural-gas reserves. Among the doubters was the International Monetary Fund (IMF) in Washington. Today the...

Author: /time Magazine | Title: Morales' Big Win: Voters Ratify His Remaking of Bolivia | 12/7/2009 | See Source »

That's because Toranagallu is also home to a 3,700-acre forest of puffing smokestacks that make up the Jindal South West steel factory. Opened a over a decade ago, Jindal South West has over the past several years claimed an estimated $150 million in carbon credits thanks to...

Author: /time Magazine | Title: An Indian Village Sees the Downside of Carbon Trading | 12/3/2009 | See Source »

Waddell became an expert at hiding his PTSD symptoms from his fellow SEALs. Despite his wife's constant pleas for him to seek help, Waddell's standard reply was, "I don't have a problem. You do." It took a full six months after the SEALs' disaster in Afghanistan before...

Author: /time Magazine | Title: How One Army Town Copes with Posttraumatic Stress | 11/30/2009 | See Source »

Such a generalization, however, would be misleading. Though “The Road”—adapted from the Pulitzer-Prize winning novel by Cormac McCarthy—fits comfortably into a dark and atmospheric genre of post-disaster film that has recently included such uninspired schlock as...

Author: By Daniel K. Lakhdhir, CONTRIBUTING WRITER | Title: The Road | 11/30/2009 | See Source »

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