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Until the devastating May 12 earthquake in China's Sichuan province, the attention of most China watchers had been focused on a completely different part of the country: Tibet. After bloody anti-Chinese protests in mid-March were suppressed by the Chinese military, Beijing closed the Himalayan region off from the outside world and made scores of arrests. Those moves brought widespread international condemnation, which in turn sparked a nationalistic backlash in China that some feared might imperil the smooth running of the Beijing Olympics this August...
...been more than a century since any major producer shipped oil in an actual barrel, but the unit has been the industry's standard since the mid-1800s, when overwhelmed Pennsylvania oilmen collected the substance in whiskey barrels after striking their first gushers. Before U.S. drilling began in 1859, "rock oil" (to differentiate it from vegetable oil or animal fat) was sopped up with rags, wrung out and peddled as a cure for everything from headaches to deafness. Spurred by demand for lamp fuel as whale blubber grew scarce, derricks popped up all over Pennsylvania's oil region...
...guess the rest of the story. The dotcoms imploded; the price of oil climbed, climbed and climbed some more--and Rainwater's energy bet came to look like one of the better investment calls of our time. It has netted him about $2 billion, vaulting him from the mid-200s on Forbes magazine's 1999 list of the 400 richest Americans to No. 91 last summer (with $3.5 billion overall...
...resulted from Israel’s founding 60 years ago is the object of willful forgetting in American foreign policy and of baffling ignorance by the American public in general. How else could we justify the massive and ongoing theft of the Palestinians’ native land since the mid-20th century—subsidized annually with upwards of three billion dollars from the U.S. government—while we correctly enforce the right of Jewish refugees to recover European properties from which they were displaced in the mid-20th century? If we do not recognize the equality of Palestinian...
...Though her studies don’t immediately suggest the career she would pursue, U.S. District Court Judge Rya W. Zobel ’53, for whom Spencer clerked in the mid-1980s, said Spencer left law school with her mind on education issues...