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...after months of searching, Tatyana Abramova, a reporter at the newspaper Murmanskiy Vestnik, happened upon the deck cabin of the Kursk in a dump outside Murmansk, the largest city north of the Arctic Circle, and a few miles from the headquarters of the Northern Fleet. "It was like seeing people who had died," Abramova says, of finding the hulking section that once wrapped around the central nervous system of the 154-ft. (47 m) sub. Abramova's father and uncle, like so many men in this city pockmarked with Khrushchev-era apartment blocks and cell-phone billboards, were once submariners...

Author: /time Magazine | Title: Remembering the Kursk in Murmansk | 7/9/2009 | See Source »

...deal intact while forming a coalition with the Social Democrats in 2005, now wants to "phase out the phase out." She argues that it is unrealistic in the face of high oil costs, will endanger renewable energy goals, and will leave Germany vulnerable to the whims of its largest gas supplier, Russia. If the chancellor's party manages to ditch the Social Democrats to form a coalition with the pro-business Free Democrats in September, Merkel may get her wish to keep nuclear plants open longer. (Read about Merkel in this year's TIME...

Author: /time Magazine | Title: Nuclear-Power Debate Reignites in Germany | 7/9/2009 | See Source »

...country's authoritarian past cannot be forgotten. "We are going back to a one-man show," says Nico Harjanto, a political researcher at the Centre for Strategic and International Studies in Jakarta. "This is more dynasty politics." Given that one of SBY's sons, at 28, was the largest vote-getter in the Parliamentary elections without ever having given an interview that might be a sign of things to come...

Author: /time Magazine | Title: What Indonesia's President Needs to Do | 7/9/2009 | See Source »

...another time and involving other people and another company, might conceivably be a relatively ordinary case of suspected industrial espionage. But the timing, the people and the company involved in this case make it anything but routine. The arrests have thrown already-fraught relations between Australia and China - its largest trading partner - into an uproar, and for good reason: Stern Hu and his deputies were in charge of Rio Tinto's negotiations over the price of iron ore with Chinese steelmakers. China is now the word's largest consumer of iron ore, and Rio its largest supplier - shoveling vast amounts...

Author: /time Magazine | Title: Aussie Mining Exec Arrested for Spying in China | 7/9/2009 | See Source »

...That alone would make the timing of the arrests interesting, at minimum. But they also come just weeks after Rio Tinto ultimately snubbed what would have been China's largest foreign direct investment ever: a planned $19.5 billion stake that Chinalco - Beijing's largest state-owned aluminum company - had offered Rio late last year, when prices for the commodities it mines had hit rock bottom as the global recession took hold. Since then, prices for iron ore and other commodities have rebounded, in no small part because of demand from China, which is in the midst of a huge, government...

Author: /time Magazine | Title: Aussie Mining Exec Arrested for Spying in China | 7/9/2009 | See Source »

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