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...permanent name change), and the royal ceremony, Reiten was generating headlines of his own. On the day of the merger, StatoilHydro announced it had launched a probe into the legality of approximately $7 million in consultancy fees and expenses Hydro paid as part of its oil operations in Libya. Although it has not disclosed the name of the consultancy or what laws Hydro might have broken, StatoilHydro said the payments came to light during the merger process. Reiten wasn't involved in Hydro's energy operations when those payments began in 2000--he was boss of the company's aluminum...

Author: /time Magazine | Title: Norway's Power Play | 11/8/2007 | See Source »

...there are objections from many differing strands of French politics over Sarkozy's high-profile role in the case - one reminiscent of his successful push last July to secure the freeing of six Bulgarian medics facing capital punishment on trumped-up murder charges in Libya. Though Sarkozy came away from that looking like a hero, allegations swirled in its wake that he'd not only stolen the thunder from nearly completed European Union efforts to secure the Bulgarian's liberty, but had done so by paying millions of dollars in "compensation" to Libya. At around this time France also...

Author: /time Magazine | Title: Sarkozy Rides to the Rescue in Chad | 11/5/2007 | See Source »

...education, business-friendly policies and trade with the West. Much as Singapore has done in Southeast Asia, Tunisia has succeeded by galvanizing the raw potential of its people. It's an impressive instance of a country farsightedly making a virtue out of necessity: despite being wedged between energy giants Libya and Algeria, Tunisia has few natural resources; no vein of gems or minerals runs under its desert flatlands...

Author: /time Magazine | Title: Tunisia: The Price of Prosperity | 10/31/2007 | See Source »

...human-rights record of Tunisia - with its small population and economy - should perhaps matter little to the West, compared with that of Libya and Algeria, whose mammoth energy reserves make them important strategic players. But Tunisia's crackdown against Islamic militants has made it a dependable partner in Washington's war on terror, and Tunisian intelligence officers provide "intense cooperation" with CIA and FBI agents, says Tahar Fellous Refaï, director general of external relations and international cooperation at Tunisia's Ministry of the Interior. In October the ripples from Tunisia's approach to human rights reached Washington: a federal...

Author: /time Magazine | Title: Tunisia: The Price of Prosperity | 10/31/2007 | See Source »

...Still, the skeptics remain, noting for example that the price tag of what was once billed as a $100 laptop is now closer to $200. Moreover, the original strategy of getting six of the largest developing countries - Argentina, Brazil, Pakistan, Thailand, Nigeria and Libya - to commit to buying one million units stalled in August. The governments in China and India have also been resistant, convinced that they can do something similar on their own. Negroponte's response has been to open up the program to individuals and companies, launching in mid-November in the United States a "Give...

Author: /time Magazine | Title: Bringing Cheap Computers to the World | 10/31/2007 | See Source »

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