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...irony is that Chávez and Ramírez are adamant that Venezuela can keep delivering to the U.S.--about 1.3 m.b.d., or 12% of U.S. imports. They also insist that in the next few years, investment and output will climb. In 2005 PDVSA launched a seven-year plan, but analysts consider its goals--5.5 m.b.d. by 2012 and $11 billion a year in total investment--a pipe dream. Investment reached half that last year...

Author: /time Magazine | Title: Is Chavez Taking Too Many Oil Risks? | 11/29/2007 | See Source »

Russia, for its part, continues to insist that by allowing Kosovo to break away without the U.N.'s approval, the West is violating international law. Western officials counter that after experiencing the horrors of former Serb strongman Slobodan Milosevic in the 1990s, it is pointless to expect that Albanians would ever again agree to live under Belgrade...

Author: /time Magazine | Title: Kosovo: Into the Unknown | 11/28/2007 | See Source »

...have powered economic development for two centuries, and without them we'd all be stuck in poverty. But we've learned step by step of harmful side effects. First we learned that coal-fired power plants created acid rain, so we changed the rules of the game to insist on smokestack scrubbers to eliminate pollutants like sulfur oxides. Second we learned that automobiles produced pollutants that caused smog, so we changed the rules to insist on catalytic converters. Now we've learned that the carbon dioxide produced by burning fossil fuels is causing dangerous climate change. We'll need...

Author: /time Magazine | Title: Citizens Can Do Something About Climate Change | 11/27/2007 | See Source »

...heavily heralded previous picture, The Squid and the Whale, a father defines a philistine as someone who "doesn't care about books or interesting films and things," to which his son calmly replies, "I'm a philistine." To be honest, I'm with the kid - especially if you insist on regarding Baumbach's own movies as "interesting...

Author: /time Magazine | Title: Margot's Misconceived Wedding | 11/17/2007 | See Source »

...member of our community who is committed to the free and open exchange of ideas. During an appearance on a local PBS talk show in February 2006, Matory justified his opposition to Summers’ presidency by proclaiming that Summers “was telling us that people who insist that Palestinians have rights should be quiet.†Such courage to tell truth to power is the sort of behavior that Harvard has always encouraged. Yet this week, the Faculty begged to differ...

Author: By Adam Goldenberg | Title: Harvard Sucks | 11/16/2007 | See Source »

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