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...Loea used to work as a supervisor at the Gold Ridge gold mine, which closed down in 2000. One of ramsi's economic priorities is to revive the lucrative mine; another dormant project, a palm oil plantation, is closer to reality after a deal with a Papua New Guinean company. So tiny are the country's export industries that even these two mid-sized ventures will make a huge difference...

Author: /time Magazine | Title: After the Storm | 11/30/2004 | See Source »

...helping to finance an alleged coup attempt in oil-rich Equatorial Guinea; in Cape Town, South Africa. Authorities say Thatcher allegedly bankrolled the purchase of a helicopter in a plot to overthrow President Teodoro Obiang Nguema Mbasogo, for which 14 suspected mercenaries are currently standing trial in the Equatorial Guinean capital, Malabo. Thatcher, under house arrest in Cape Town, has denied the allegations...

Author: /time Magazine | Title: Milestones | 8/30/2004 | See Source »

...Boeing 727-100, were on their way to topple Nguema's government, and had touched down to collect weapons and ammo. Nineteen other men, including South Africans and Armenians, were arrested in Equatorial Guinea on suspicion of being part of the plot. The self-confessed leader of the Guinean cell, Nick du Toit, on trial in the capital, Malabo, testified last week that he met Thatcher last year, and that Mann and Thatcher had discussed the sale of helicopters for mining operations in Sudan. Mann may be the most direct link between Thatcher and the coup plot. In the early...

Author: /time Magazine | Title: International Man of Mystery | 8/29/2004 | See Source »

Like politicians everywhere, Papua New Guinean M.P.s are programmed to plot. Eighteen months after a national election, a new government loses its immunity from votes of no confidence - and disgruntled M.P.s on both sides of Parliament start conspiring to unseat it. Of 11 governments since Independence in 1975, only six have been elected. Five won power through no-confidence votes or the threat of them; none has lasted a full five-year term. "Abusing the 18-month grace period is like a disease in P.N.G. politics," says Prime Minister Sir Michael Somare. "Those who feel they've missed out always...

Author: /time Magazine | Title: Big Men Behaving Badly | 6/8/2004 | See Source »

...name I could put on my expense account. So last Friday I offered to take him to 41, one of the most expensive restaurants in Sydney. He accepted, then called later to say he could come only if I took all three of his fellow Equatorial Guinean athletes. And their coaches. This guy was good...

Author: /time Magazine | Title: Olympic-Size Freeloading | 10/2/2000 | See Source »

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