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Even in a country that is four-fifths rain forest and has coastal waters full of fish, the government - which didn't respond to repeated interview requests - appears to lack a compelling vision of what industries might take over where oil leaves off. There is the additional economic burden of importing nearly all of the country's food from Europe. Entrepreneurial spirit has all but evaporated: while rich Gabonese may fund new businesses, most are set up and run by Europeans. And the nation is afflicted by a widespread sense of moral degeneration - from bureaucratic corruption to petty theft...

Author: /time Magazine | Title: Africa's Oil Dreams | 5/31/2007 | See Source »

...the devil's in the details. And any serious climate-change legislation will be a forest of details. The key feature of any Dingell bill will be a mandatory cap-and-trade system modeled on Dingell's 1990 acid-rain legislation. Industries would be allowed to emit fixed amounts of greenhouse gases according to their share of the overall problem. If a power plant or factory reduces its emissions, the saving can be sold to plants that fail to adhere to the cap. In this way, reductions become valuable and pollution costly...

Author: /time Magazine | Title: An Auto Insider Takes on Climate Change | 5/31/2007 | See Source »

...There's always a surprise film that wins a prize," French critic Michel Ciment said last night, "and a film that surprises by not winning." The unexpected winner, of the Grand Prix du Jury (second place), was Naomi Kawase's The Mourning Forest, yet another parable of grieving and reconciliation. An old widower, institutionalized with dementia, is cared for by a woman who herself has lost her young son. (There were important deaths in every one of the winning films.) Determined to set the spirit of his dead wife free, the man sets out on a long quest through...

Author: /time Magazine | Title: The U.S. Mostly Snubbed at Cannes | 5/27/2007 | See Source »

...truth, what has he done besides be part African American, handsome and a presidential candidate? He's no more innovative in his rhetoric than other Democrats, and yet the press is certainly helping him in his campaign. Don't push candidates on us. Anne Taylor, Lake Forest, Illinois...

Author: /time Magazine | Title: Inbox | 5/24/2007 | See Source »

Anne Taylor, LAKE FOREST...

Author: /time Magazine | Title: Inbox: May 28, 2007 | 5/17/2007 | See Source »

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