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In April, Iraq's Ministry of Oil drew up an ?lite roster of companies ranging from Malaysia's Petronas to Russia's Gazprom. The list of 35 corporations, including six American giants, reads like a Who's Who of global oil players, all of whom are invited to bid on...

Author: /time Magazine | Title: Why Iraq Is Still Oil Poor | 8/15/2008 | See Source »

In the largely autonomous Kurdish territories of northern Iraq, the regional government is already moving ahead with oil deals of its own that the central government in Baghdad considers illegal. Nevertheless, several smaller oil firms from Austria, Hungary, India, Canada and South Korea have signed deals with the Kurdish Regional...

Author: /time Magazine | Title: Why Iraq Is Still Oil Poor | 8/15/2008 | See Source »

The best way to prevent this from happening would be to reduce the amount of nitrogen introduced into the ocean. The technology already exists to do that. If, for example, farmers in the upper part of the U.S. were given a financial incentive to plant crops like winter wheat, rather...

Author: /time Magazine | Title: Coastal Dead Zones Are Growing | 8/14/2008 | See Source »

China's job-market woes won't be solved by high economic growth alone. There are persistent problems within China's higher-education system that are of mounting concern. As children from the country's expanding middle class come of age, universities are being blitzed with new students. In fields...

Author: /time Magazine | Title: Not-So-Great Expectations | 8/14/2008 | See Source »

The event began with footage of Winston Churchill's push for resistance to the Nazi menace: "We shall fight on the beaches, we shall fight on the landing grounds, we shall fight in the fields and in the streets, we shall fight in the hills, we shall never surrender!" Then...

Author: /time Magazine | Title: Why Can't Candidates Be Celebrities? | 8/13/2008 | See Source »

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