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...best examples of putting black gold to good use, to manage its oil money. But noble intentions are not enough. East Timor NGOs worry that their country's oil laws are so vague that they open the door to mismanagement and skimming. A damning World Bank-Indonesia joint study earlier this year showed Indonesia was struggling to spend state funds on decent development projects...

Author: /time Magazine | Title: Sucked into a Black Hole | 10/4/2007 | See Source »

Since 1997, the U.S. has responded to these rights violations through sanctions that bar new investment in Burma. Chevron acquired its stake in the Burmese joint venture eight years after the onset of the sanctions, when it purchased rival Unocal in 2005. But since Unocal’s stake in Burma predates the 1997 sanctions, and thus is not a “new investment,” Chevron can keep its stake in the joint venture under federal law. In fact, the joint venture has continued to expand production in Burma since 2005. It added another wellhead platform last...

Author: By Daniel J. Hemel | Title: Harvard and the Junta | 10/3/2007 | See Source »

...coffee shop, talking to a Korean girl I’d befriended. She was angry about that day’s lecture in Summer School (it was a joint program with a Korean university), because she thought our professor went too easy on the Japanese. “I dunno,” I said, “I thought he was pretty balanced...

Author: By Abe J. Riesman, CRIMSON STAFF WRITER | Title: The One Jew in Wonju | 10/3/2007 | See Source »

...continue to smoke our pot, liberally, as it were, missing among its innocent curls of smoke the sinister economic system that it sets up. One cannot sneer at the social irresponsibility of a Hummer driver and then return home to relax over a joint whose procurement demanded the subjection of an impoverished underclass on the fringes of society...

Author: By Garrett G.D. Nelson | Title: The Stoner’s Dilemma | 10/1/2007 | See Source »

...However, with their dramatic neck-to-neck racing, Yanukovych still retains a chance to get ahead of Tymoshenko and finish first. In this case, though, "makeweights" of the Lytvyn block and the Communist party who is also making it to the Rada will still be insufficient to outbalance the joint Orange forces. Then, Yanukovych will likely be waiting until his Orange rivals break up fighting over the Cabinet positions - and seek a coalition with Yushchenko, who had prudently left this option open as well...

Author: /time Magazine | Title: Ukraine Votes for Change | 10/1/2007 | See Source »

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