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...imports, according to the EIA. But in recent years, rebel attacks on oil targets - blowing up pipelines and kidnapping foreign oil workers - have cut Nigeria's production by as much as a third and regularly caused the world price of crude to spike. Peace in the delta would mean more reliable supplies of oil and cheaper prices at the pump...

Author: /time Magazine | Title: In Nigeria, an Ailing President and Peace Process | 12/21/2009 | See Source »

...Anthony and Okah seem to agree is that the future looks grim. In an interview with TIME this month, Anthony said he was "quite pessimistic" about the chances of forging a lasting peace because of the deteriorating health of the President - "I am categorically saying that [his] death may mean the death of Nigeria" - and because until the government tackles corruption, a peaceful and prosperous Nigeria will have to wait. "Unless the entire system is overhauled," he said, "we are going nowhere...

Author: /time Magazine | Title: In Nigeria, an Ailing President and Peace Process | 12/21/2009 | See Source »

...traveling to different homes comes from a different tradition altogether, albeit a similarly ancient one. In England, the word wassail - derived from the Old Norse ves heill meaning "be well, and in good health" - came to mean the wishing of good fortune on your neighbors. No one is quite sure when the custom began, but it did give us the song, "Here We Come-A-Wassailing" - sung as carolers wished good cheer to their neighbors in hopes of getting a gift in return. ("A Wassailing" also evolved into the popular "We Wish You a Merry Christmas" - its last verse, "Bring...

Author: /time Magazine | Title: Christmas Caroling | 12/21/2009 | See Source »

...practice "shameful" and expressed support for measures aimed at easing prosecution of such crimes. "The seizure schemes are conducted very professionally, that is a fact," he told Russian senators on Nov. 5. "Sometimes it's simply impossible to get to the bottom of them. But that doesn't mean that our law enforcement authorities shouldn't be trying." The issue was even raised during a live call-in TV show with Prime Minister Vladimir Putin earlier this month. Responding to a question about how the government planned to tackle reiderstvo, Putin said a proposal to unify various raider tactics under...

Author: /time Magazine | Title: The Danger of Doing Business in Russia | 12/19/2009 | See Source »

...costs by $230 million, were imposed on employees without proper consultation. "It may be that an enforced calling off of the strike will lead to some tough but serious negotiation around the table," says John Strickland, an aviation consultant and a former BA executive. But "it still doesn't mean it's going to be an easy ride...

Author: /time Magazine | Title: Brits Get Some Holiday Cheer: No British Air Strike | 12/17/2009 | See Source »

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