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...January this year, Chevron said it had not found enough oil to make a well economically viable at the first of its two drill sites off São Tomé. Exxon Mobil, too, has said that it will not, for now, be pursuing exploration off the island, though it retains its drilling rights there. Praxeres, however, still dreams his dreams, and his little country continues to attract a stream of oil-fevered visitors from overseas: this year alone, officials have arrived from the U.S., the U.K., Germany and Japan. But even if São Tomé and Principe...

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

...Ashes When 27 years of civil war ended in Angola in 2002, Luanda was anything but a boomtown. Bombed out and rubbish strewn, the capital was - and still is - home to one of Africa's biggest slums. Five years later, the pace of growth is best measured by the island of Mussulu, a former fisherman's village off Luanda. Today Mussulu is a playground for Angola's new oil oligarchs. Its white shoreline, 10 minutes south of Luanda's new yacht club, is teeming with power boats and jet skis. "That guy likes to bring people here in his helicopter...

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

Roatan is a lush tropical island of some 60,000 people and a paradise for scuba divers in the west of Honduras. It has lately also become a boom town for American investors seeking to buy into lucrative sea-front condominium communities that are going up across this 36-mile-long island, a two-and-a-half-hour flight from Houston. But what many of the developers and buyers don't know or refuse to acknowledge is that Roatan has the second highest incidence of AIDS in Honduras, after the port city of San Pedro Sula. Health care workers...

Author: /time Magazine | Title: When a Caribbean Getaway Becomes an AIDS Hot Spot | 5/29/2007 | See Source »

...Flowers Bay, an impoverished community of brightly painted strip-wood houses on stilts on Roatan. Fried stepped gingerly over small piles of festering rubbish as he made his way along dirt roads to find a venue for one of his lectures on AIDS prevention. Fried, 43, first discovered the island six months ago when the cruise ship he was on docked there for six hours. When he found out that Roatan was in the midst of what he called an AIDS emergency, he resolved to return and do his part...

Author: /time Magazine | Title: When a Caribbean Getaway Becomes an AIDS Hot Spot | 5/29/2007 | See Source »

...While most of Fried's lectures on the island were organized by an NGO called Familias Saludables, he was determined to address as many people as possible during a recent week-long stay. Hours before the Flowers Bay talk, which had been canceled because the organizers could not find a proper venue, he found Mrs. Warner, a wizened elderly resident, who offered up her front lawn - a patch of windswept dirt - for the event. Fried managed to borrow several plastic chairs from the Sea Breeze Bar across the street. A single lightbulb hooked onto a long electrical cord and suspended...

Author: /time Magazine | Title: When a Caribbean Getaway Becomes an AIDS Hot Spot | 5/29/2007 | See Source »

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