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...Recent deals with Brazil and China highlight Beijing's ability to use loans a means of securing energy supplies. In mid-February, Beijing negotiated a $10-billion loan to Brazil's state-owned oil company Perobras, as well as a $25-billion loan to Russia's state-run oil company Rosneft. Both companies' revenues have plummeted in recent months as crude oil prices fell by more than two-thirds. China offered large cash amounts in a tight credit market, but rather than require that the loans be serviced and repaid in cash, Brazil and Russia will repay the loans...

Author: /time Magazine | Title: China Goes on a Smart Shopping Spree | 3/2/2009 | See Source »

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Author: /time Magazine | Title: Everything You Need to Know About Science | 3/1/2009 | See Source »

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Author: /time Magazine | Title: Many Men, A Plan, A Canal — Panama | 2/23/2009 | See Source »

...It’s less mundane than normal life.” Simon is on her second trip to the festival; she was introduced to it by her fiancé, Steve Lento, who’s been a regular at the festival since middle school. The highlight of this year’s festival was the recently-released “Alien Trespass.” Directed by former “X-Files” producer R.W. Goodwin, the film pays homage to five iconic 1950s sci-fi films. Any great sci-fi movie, says Lento...

Author: By Keshava D. Guha, CONTRIBUTING WRITER | Title: Theatre Hosts Alien Attack | 2/20/2009 | See Source »

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Author: /time Magazine | Title: Life and Death in New Orleans | 2/19/2009 | See Source »

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