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...start of production, which effectively increased the financial risk of searching for new fields. In 1998, oil companies drilled 145 exploratory wells in Indonesia; in 2007, as oil prices soared, only 39 were sunk, according to the Center for Petroleum and Energy Economics Studies in Jakarta. Once a major oil exporter and East Asia's sole member of the Organization of Petroleum Exporting Countries (OPEC), today Indonesia can no longer meet domestic demand without imports; Jakarta this month suspended its membership in OPEC...

Author: /time Magazine | Title: What's Holding Indonesia Back? | 9/11/2008 | See Source »

...Every major intelligence agency across the world does the exercise. Call it the "hit by a bus" scenario. If leader X of important/sensitive/unstable country Y drops dead tomorrow, what happens? Who takes over? How might that change things? For some countries, the exercise is simple. For others, it's murky and complicated. Then there's North Korea...

Author: /time Magazine | Title: A World Without Kim | 9/11/2008 | See Source »

...McCain on specific issues, I?ve always admired his maverick spirit and straight-talk approach to the press. But his interview with TIME raises grave concerns. McCain could have defused legitimate questions about his campaign?s new discipline in any number of ways, but to put reporters from a major newsmagazine in the deep freeze betrays a fundamental lack of self-control, not to mention candor. Do we really want to elect such a mercurial individual as our Commander in Chief? Owen Prell, Mill Valley, California...

Author: /time Magazine | Title: Inbox | 9/11/2008 | See Source »

...McCain on specific issues, I've always admired his maverick spirit and straight-talk approach to the press. But his interview with TIME raises grave concerns. McCain could have defused legitimate questions about his campaign's new discipline in any number of ways, but to put reporters from a major newsmagazine in the deep freeze betrays a fundamental lack of self-control, not to mention candor. Do we really want to elect such a mercurial individual as our Commander in Chief? Owen Prell, MILL VALLEY, CALIF...

Author: /time Magazine | Title: Inbox | 9/11/2008 | See Source »

...political analyst close to the government said that al-Maliki finds himself bridging the divide between the U.S. and Iran. "When you are the bridge between major parties, every side wants you closer to it," said the analyst. "It's part of the secret war between the U.S. and Iran; Maliki's one of the tools they...

Author: /time Magazine | Title: Behind al-Maliki's Tough Line | 9/10/2008 | See Source »

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