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'This shouldn't be the responsibility of another country.' JOSEPH P. KENNEDY II, president of nonprofit Citizens Energy, after the Venezuelan government halted a program that provided discounted heating oil to impoverished communities in the U.S.

Author: /time Magazine | Title: Verbatim | 1/8/2009 | See Source »

The left-wing Chávez caught Washington by surprise in the fall of 2005 when he announced that Citgo - the Houston-based subsidiary of Venezuela's state-run oil firm, Petróleos de Venezuela - would give millions of gallons of heating oil at half price, and eventually free...

Author: /time Magazine | Title: Why Can't Big Oil Match Hugo Chávez? | 1/7/2009 | See Source »

But late Wednesday afternoon, Citgo and Kennedy announced a reversal. Kennedy thanked Chávez for his "genuine concern for the most vulnerable," adding a bit of political choreography for the Venezuelan's benefit: "This decision is a clear, direct message from President Chávez of his desire to...

Author: /time Magazine | Title: Why Can't Big Oil Match Hugo Chávez? | 1/7/2009 | See Source »

Cesarean sections were once a measure of last resort, a final attempt to save both mom and baby if things did not go well during delivery. That was almost certainly the case in Roman times with Julius Caesar, who was born via the procedure, and for whom it was named...

Author: /time Magazine | Title: The Risks of Early C-Sections | 1/7/2009 | See Source »

A foundation responsible for funding two Harvard programs at nearly $1 million has been forced to close amid Bernard L. Madoff’s $50 billion securities fraud. Both Harvard groups, which were supported by the JEHT Foundation, received the amount they were promised before the philanthropic organization shut down...

Author: By Weiqi Zhang, CRIMSON STAFF WRITER | Title: Grant Foundation Hit in Madoff Scheme | 1/7/2009 | See Source »

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