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...said it will require the country's biggest refiner, state-owned China Petroleum & Chemical Corp., known as Sinopec, to increase output and imports of oil products. Sinopec said Wednesday it will run its refineries at full capacity in November, bearing "heavy losses" to guarantee market supply. It will also halt all exports of gasoline and diesel for the time being. As in the past, however, any losses will likely be covered by billions of dollars in government subsidies...

Author: /time Magazine | Title: China Feels the Fuel Pinch | 11/1/2007 | See Source »

Another supposed advantage of the Macintosh is the reliability of its operating system and the accompanying software. But this reputation is entirely undeserved. Even the new iMac, supposedly a powerhouse machine immune to problems, recently caused Apple’s customer help website to grind to a halt with more than 240 complaints on one page alone...

Author: By Eugene Kim | Title: Bad Apples | 10/31/2007 | See Source »

...however, has yet to take that responsible line. Three Nobel Peace Prize winners have asked UBS to tell its Chinese client to “halt its operations in Sudan or implement a rigorous corporate governance policy that would mitigate the impact of its operations on innocent civilians,” Holocaust survivor Elie Wiesel, landmine campaigner Jody Williams, and Northern Ireland peace activist Betty Williams wrote in an Oct. 22 letter to the Times of London. The laureates added that if PetroChina/CNPC rejects these requests, UBS should withdraw from the stock offering...

Author: By Peter N. Ganong and Daniel J. Hemel | Title: Don’t Bank on Genocide | 10/31/2007 | See Source »

...engaged in a game of geopolitical chicken, which favors hard-liners on both sides, making compromise more difficult, escalation more likely and war - by accident, if not by design - a greater possibility than before. President Mahmoud Ahmadinejad, after stepping up defiance of U.S.-led efforts to compel Iran to halt enrichment, this week appeared to gain greater domestic influence over the issue with the replacement of Iran's pragmatic top nuclear negotiator by a key Ahmadinejad ally. After President Bush invoked the specter of World War III to press the urgency of stopping Iran, the Administration followed up with another...

Author: /time Magazine | Title: Iran War Drumbeat Grows Louder | 10/26/2007 | See Source »

...ambitious and unfeeling bureaucrat. But these days, many Louisianans are willing to welcome a little wonkery. This gubernatorial election, the first since Hurricane Katrina in 2005, was widely seen as pivotal for a state struggling to recover from the storm's devastation, stem an exodus of young talent, and halt a rising crime rate that has made it one of the most dangerous states in the nation. (The day of the election, three men were shot in New Orleans, America's deadliest city.) Taking advantage of dissatisfaction with the state's Democratic leadership--current Governor Blanco and New Orleans Mayor...

Author: /time Magazine | Title: Profile: Bobby Jindal | 10/25/2007 | See Source »

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