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Writing in the New York Times about foreign policy...

Author: /time Magazine | Title: Verbatim | 12/21/2009 | See Source »

...Information Administration, and wants to raise that to 25% in the future. Nigeria holds by far the biggest reserves in Africa and supplies 8 to 10% of all U.S. oil imports, according to the EIA. But in recent years, rebel attacks on oil targets - blowing up pipelines and kidnapping foreign oil workers - have cut Nigeria's production by as much as a third and regularly caused the world price of crude to spike. Peace in the delta would mean more reliable supplies of oil and cheaper prices at the pump...

Author: /time Magazine | Title: In Nigeria, an Ailing President and Peace Process | 12/21/2009 | See Source »

...with automatic weapons and rocket-propelled grenades. "While wishing the President a speedy recovery," said rebel spokesman Jomo Gbomo, "a situation where the future of the Niger Delta is tied to the health and well-being of one man is unacceptable." He added that the government has been telling foreign investors that the situation in the Niger Delta was under control - an assertion "far from the truth," he says. And he gave the government a deadline to improve its performance, saying the insurgents would "review" their ceasefire - a metaphor for stage another attack...

Author: /time Magazine | Title: In Nigeria, an Ailing President and Peace Process | 12/21/2009 | See Source »

...attacks carried out each year, although media reports have put the number as high as 70,000. But the impact of the criminal practice on the economy is quite clear - business lobbyists and corruption experts say it is paralyzing small- and mid-sized businesses, as well as scaring off foreign investment. "If an Italian is doing business here and is targeted in a raider attack, he's going to tell his countrymen," says Alexander Brechalov, vice president of Opora, a Russian lobbying group for small businesses. "Who is going to want to come to Russia after hearing that...

Author: /time Magazine | Title: The Danger of Doing Business in Russia | 12/19/2009 | See Source »

...reasons foreign investment in Brazil has risen so significantly over the last few years is that Brazilian law is relatively solid. Unlike neighbors Venezuela or Bolivia, for example, foreign companies in Brazil do not fear that the goalposts will be moved in the middle of the game or that powerful interests will tear up agreements. Brazilian lawyers said Sean Goldman's stepfather, João Lins e Silva, has diligently followed due process in his attempt to retain custody of his late wife's son. (She died in childbirth earlier this year.) But there is still a sense that...

Author: /time Magazine | Title: The Battle for Sean Goldman: The View from Brazil | 12/19/2009 | See Source »

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