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...seriously disrupted production for several weeks. Venezuela's Oil Minister Rafael Ramirez said in 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 »

Under a bright morning sky, Benedict took off his red papal slippers and entered the Dome of the Rock, the 7th century Jerusalem shrine built where Muslim tradition says the Prophet Muhammad began his ascent to heaven. From there, the Pope followed in John Paul II's footsteps, walking up to place a written prayer in the Western Wall, the remains from the Second Temple (built in the 1st century B.C.) that many say is the historic heart of Judaism. Later in the afternoon, the German Pontiff led a Mass in the ancient Kidron Valley just outside the Old City...

Author: /time Magazine | Title: The Pope's Muddled Message for the Middle East | 5/12/2009 | See Source »

Speaking before the Pope on Saturday, Prince Ghaszi Bin Muhammad Bin Talal, the top religious advisor to the Jordanian King, thanked Benedict for having expressed regret for "the hurt caused by the [Regensburg] lecture to Muslims" and for other words and gestures since. Still, Ghaszi pointedly condemned "distorted depictions" in the West of the roots of Islam as "responsible for much historical and cultural tension between Christians and Muslims." He said it was now clear that the Pope's comments about the prophet in 2006 was just "a citation in an academic lecture," but added that it is incumbent...

Author: /time Magazine | Title: Pope Benedict's Latest Take on Islam | 5/9/2009 | See Source »

...Atlantic Ocean, I could barely contain my excitement—here I was, preparing to study and compete in the country that had dominated athleticism in the 20th century: the country of a defiant Jesse Owens, running in the face of Nazi Aryanization; the country where Cassius Clay became Muhammad Ali; the country that bore witness to the “Miracle on Ice”.Only when I stepped off the plane and took my first tentative steps in the New World did I truly begin to perceive the complex beast that is the American sports culture.While chronicling...

Author: By Allen J. Padua, CRIMSON STAFF WRITER | Title: AP STYLE: Finding Comfort In USA Sports | 4/21/2009 | See Source »

...Museum Hotel, www.21cmuseumhotel.com, is located between one museum devoted to native son Muhammad Ali and another to the Louisville Slugger baseball bat. 21C has made Louisville a world-class destination not just for horse-racing fans on the first Saturday in May but also for art aficionados all year round. Along the roofline of the late 18th century former tobacco warehouse is a row of winsome gargoyles in the form of 4-ft. (1.2 m) red-plastic penguins by the Italian collective Cracking Art. Inside, you don't have to check in to get a vast sampling...

Author: /time Magazine | Title: Louisville's Art of Hospitality | 4/16/2009 | See Source »

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