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The new round of protests were low-key in the beginning, but tensions increased as the weeks passed. Indigenous demonstrators began blocking roads and rivers, as well as the northern oil pipeline. The pipeline was closed in late April and the state oil company announced it was losing nearly $120...

Author: /time Magazine | Title: Peru's Deadly Battle Over Oil in the Amazon | 6/10/2009 | See Source »

A third of all Gabonese still live on less than $2 a day, and as the oil fields begin to dry up, Bongo's subjects are facing up to the reality that he sacrificed the country's future to fund his own fantastically opulent lifestyle. The government has made no...

Author: /time Magazine | Title: Gabon Faces Bongo's Disastrous Legacy | 6/10/2009 | See Source »

Three weeks ago, for instance, while regular surf shops around the country were struggling to stay afloat, Brewer's store sold 16 boards - which start at about $1,500 - in one day. "If I had opened a surf shop eight months ago, we would have been out of business right...

Author: /time Magazine | Title: What's SUP? A Surf Sport That Needs No Ocean | 6/8/2009 | See Source »

How does Acxiom figure who is a "likely spender"? First, it asks. Monthly surveys by BIG Research, a separate company, inquire about how people's shopping habits have shifted and how changes - like gas-price increases - might alter habits. Then Acxiom digs into it own database, one of the most...

Author: /time Magazine | Title: A Surprising Look at Who Spends and Who Saves | 6/5/2009 | See Source »

After Israel’s December assault, Gaza’s already compromised conditions have become virtually unlivable. Livelihoods, homes, and public infrastructure have been damaged or destroyed on a scale that even the Israel Defense Forces admitted was indefensible. In Gaza today, there is no private sector to speak...

Author: By Sara Roy | Title: The Peril of Forgetting Gaza | 6/3/2009 | See Source »

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