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...pictures of London...

Author: /time Magazine | Title: Health Lessons from Europe | 6/1/2009 | See Source »

...would say I'm probably relatively insane, to an extent." - in 2003, in an interview published in the London Daily Telegraph shortly before Lana Clarkson was murdered (MTV.com...

Author: /time Magazine | Title: Phil Spector | 5/29/2009 | See Source »

...1980s. And about 2.6 billion barrels are currently stored in commercial tankers around the world. "There is some risk we will run out of storage space in the next four to six weeks," says Simon Wardell, director of global oil at IHS Global Insight, an energy-forecasting company in London. To oil-rich countries that possibility evokes grim memories of 1998, when the Asian economic crisis sent demand plummeting, driving world oil prices down to $10 a barrel. "If we run out of storage it could prompt a collapse in the price," says Wardell. Oil producers might then choose...

Author: /time Magazine | Title: Oil Is Plentiful, Demand Weak. Why Are Gas Prices Going Up? | 5/29/2009 | See Source »

...Vienna that his country could not afford to invest in major new oil exploration unless prices rise further. "We need a level of at least $70 [a barrel] to recuperate investment," he said on Thursday. Muhammad-Ali Zainy, senior energy analyst at the Center for Global Energy Studies in London, says oil demand could increase quickly once the recession ends, especially as China has begun to build up its strategic oil reserves. "We think the price is going to go up gradually," says Zainy...

Author: /time Magazine | Title: Oil Is Plentiful, Demand Weak. Why Are Gas Prices Going Up? | 5/29/2009 | See Source »

Simon Hix, a professor at the London School of Economics and author of What's Wrong with the European Union and How to Fix It, observes that the elections tend to serve as referenda on national political issues rather than addressing European ones. "It's not a genuine contest for power at the European level," he says. (See pictures of London...

Author: /time Magazine | Title: Why So Few Care About the European Parliament Elections | 5/28/2009 | See Source »

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