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...when three speedboats packed with gun-toting men attacked a Nigerian navy boat and a vessel leased by Shell. No one was killed. But the attackers, who said they were part of a new group called the Movement for the Emancipation of the Niger Delta (mend), kidnapped four foreign contractors. Since then the group, which numbers just a few hundred people, according to a local human-rights campaigner and militant members, has kidnapped at least eight more foreign oil workers and attacked several oil installations, killing some 14 Nigerian soldiers posted to guard them. In the past month, militants have...

Author: /time Magazine | Title: Nigeria's Deadly Days | 5/14/2006 | See Source »

...procured" the murder of four Ogoni elders, and in 1995 hanged him, to international condemnation. Despite the return to democracy and government promises to improve the lives of Delta dwellers, little has changed. Today in Oporoza - the traditional center of the Gbaramatu kingdom in whose backwaters, locals say, mend has its bases - villagers gather in a meeting hall and list their grievances. "Poverty is the major problem we are facing here," says Odiki Miebi, a local chief. True, some of the houses in the village are built of brick and concrete - much more substantial dwellings than the flimsy reed huts...

Author: /time Magazine | Title: Nigeria's Deadly Days | 5/14/2006 | See Source »

...banking scandal in 2003 that triggered an economic nosedive that wiped out 20% of GDP (imagine $2.8 trillion disappearing in the U.S.) and plunged an additional 1 million Dominicans into poverty. Since retaking the top job 20 months ago, Fernández has put the country back on the mend, restoring macroeconomic stability and business confidence. Last year's growth soared 9.2%, with single-digit inflation, down from...

Author: /time Magazine | Title: Emerging Markets: Tropical Paradox | 4/16/2006 | See Source »

...That's not a message Australian officials want to hear as they try to mend the worst breach in relations with Indonesia since Australian peacekeepers were sent to East Timor six years ago. Nor will it calm Indonesians who claim that, by giving all but one of the group visas, Australia is meddling in their country's affairs and stoking separatist fervor. The men, women and children landed in a homemade outrigger canoe on the far northern Queensland coast in January. Since then, their case has led to the recalling of Indonesia's ambassador, prompted an increase in Indonesian naval...

Author: /time Magazine | Title: A Canoe Full of Trouble | 4/9/2006 | See Source »

Capitalism is nothing if not adaptive, and its champions have responded to global warming with a market-based solution that provides polluters with a profit incentive to mend their ways. It's called cap and trade, and it is the mechanism behind the so-called carbon markets spawned by the Kyoto Protocol. Firms in developed countries that pump out more CO2 than they are allowed under limits imposed by Kyoto are required by the protocol to offset that pollution by buying credits on the carbon market. Those that cut CO2 emissions below their allowance or help polluters in developing nations...

Author: /time Magazine | Title: Global Warming: How to Seize the Initiative | 3/26/2006 | See Source »

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