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...What we now know is that he retained absolutely the intent and the intellectual know-how to restart a nuclear and a chemical-weapons program when the inspectors were out and the sanctions changed, which they were going to do," he continued. "Now, I think that it is at least arguable that he was a threat, that had we taken that decision to leave him there, with an oil price not $25 but $100 a bbl., he would have had the intent, he would have had the financial means, and we would have lost our nerve...

Author: /time Magazine | Title: Unbowed on Iraq, Blair Argues for Targeting Iran | 1/29/2010 | See Source »

Students with top scores on that exam will receive certificates - but chances for long-term benefits are slim. As it turns out, there is little evidence that traditional efforts to boost financial know-how help students make better decisions outside the classroom. Even as the financial-literacy movement has gained steam over the past decade, scores have been falling on tests that measure how savvy students are about things such as budgeting, credit cards, insurance and investments. A 2008 survey of college students conducted for the JumpStart Coalition for Personal Financial Literacy found that students who'd had a personal...

Author: /time Magazine | Title: How to Teach Kids About Money | 1/25/2010 | See Source »

...companies, establishing similar relationships with Baghdad could prove crucial, and highly profitable. As oil supplies dwindle in places like the North Sea and Gabon, companies are desperate to book new reserves - and Iraq, which unlike Kuwait or Saudi Arabia is incapable of producing its oil without foreign know-how and investment, is up for grabs. Unlike huge new finds off Mexico, Brazil and West Africa, many Iraqi fields were mapped years ago - some by the same companies now negotiating new contracts - and so will not require lengthy exploration before pumping can begin...

Author: /time Magazine | Title: Pump It Up: The Development of Iraq's Oil Reserves | 12/7/2009 | See Source »

...such, Brazil already has the know-how and capacity to enrich uranium that could be used to create weapons, but refrains from doing so, not only because it would be expensive and hugely controversial, but also because Brazil's constitution forbids it, says Guilherme Camargo, president of the Brazilian Nuclear Energy Association. But while Brazil and other developing-world nations that plan to use nuclear energy share the Western powers' goal of ensuring that Iran does not produce nuclear weapons, they don't support the position taken by the U.S. and its closest allies that Iran should forfeit the right...

Author: /time Magazine | Title: Ahmadinejad in Brazil: Why Lula Defies the U.S. | 11/25/2009 | See Source »

...Some overseas firms insist that China is simply repeating an economic development strategy that has propelled the country's rapid progress in many other manufacturing sectors. The country has been able to use the lure of huge potential markets to entice foreign companies to hand over technology and know-how in exchange for lucrative deals, later using that knowledge to produce competitive products cheaper than those of overseas originators. Foreign companies built the generators for the first stage of the massive Three Gorges hydroelectric dam, but the generator contracts required the foreign makers to transfer technology to Chinese partners...

Author: /time Magazine | Title: Tower of Power | 11/2/2009 | See Source »

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