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...opposite conclusion. They see last week's events in Georgia as vindicating their caution over granting Georgia NATO membership. Indeed, many in Europe see the Bush Administration's military support for Georgia and its trumpeting of Tbilisi's cause in NATO as having emboldened President Mikheil Saakashvili to launch his reckless attack on South Ossetia...

Author: /time Magazine | Title: The Georgia Crisis: A Blow to NATO | 8/15/2008 | See Source »

...?lite roster of companies ranging from Malaysia's Petronas to Russia's Gazprom. The list of 35 corporations, including six American giants, reads like a Who's Who of global oil players, all of whom are invited to bid on eight major oil and gas projects Iraq wants to launch next year. The goal is to get Iraq, currently producing about 2 million bbl. a day, pumping up to 3 million by the end of 2009. The eight oil projects on offer to outside companies chiefly involve refurbishing and developing various oil and gas fields in southern Iraq. American...

Author: /time Magazine | Title: Why Iraq Is Still Oil Poor | 8/15/2008 | See Source »

...Bush on Wednesday also said that he had ordered Gates to launch a "vigorous and ongoing" humanitarian mission "headed by the United States military" utilizing "U.S. aircraft as well as naval forces." That sounded ominous, especially after Saakhashvili declared that Bush's statement meant that U.S. forces would "take control" of Georgian ports and airfields to ensure the passage of aid, which could potentially have put them on a collision course with Russian forces. Pentagon spokesman Geoff Morrell quickly contradicted the Georgian leader. "We do not need nor do we intend to take over any air or seaports in order...

Author: /time Magazine | Title: Gates Dials Down Russia Rhetoric | 8/14/2008 | See Source »

...That has kept the spray-on condom on hold indefinitely until a faster-drying latex comes along. Meanwhile, Krause is tackling the size problem by preparing to launch a line of condoms in six sizes, instead of the usual one or two. They should be available in Europe starting in September and in the U.S. possibly as early...

Author: /time Magazine | Title: Spray-On Condoms: Still a Hard Sell | 8/13/2008 | See Source »

Equally forceful, and potentially more confrontational, is the humanitarian mission. Bush noted that Russian armored vehicles were blocking access to the port city of Poti and that Russia was blowing up Georgian vessels. Bush said Gates would launch a "vigorous and ongoing" humanitarian mission by both air and sea. "In the days ahead we will use U.S. aircraft as well as naval forces to deliver humanitarian and medical supplies," he said...

Author: /time Magazine | Title: Bush Raises the Heat in Georgia Crisis | 8/13/2008 | See Source »

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