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Twenty years since the Exxon Valdez tanker ran aground in southeastern Alaska on March 24, 1989, spreading an 11-million-gallon crude-oil inkblot into Prince William Sound, the formerly pristine coastal waters once again appear clean and untouched...

Author: /time Magazine | Title: Still Digging Up Exxon Valdez Oil, 20 Years Later | 6/4/2009 | See Source »

Here, on Death Marsh, Mandy Lindberg, a scientist with the National Oceanic and Atmospheric Administration (NOAA) in Alaska's Auke Bay, turns over a shovel of sand and broken rock to reveal a glistening pool of brackish oil. The crude can be chemically typed to the Exxon Valdez, and more oil can be found beneath the beach at Death Marsh and at a number of islands around the Sound. "I wouldn't have possibly believed the oil would last this long," says Lindberg. "Studying the spill has been a great learning experience, but if we had known in the years...

Author: /time Magazine | Title: Still Digging Up Exxon Valdez Oil, 20 Years Later | 6/4/2009 | See Source »

...created his art for mass consumption and strived to reproduce it as widely as possible. One of his most emblematic images is The Empire of Lights, a mysterious and disturbing juxtaposition of a housefront lit by a streetlamp set under a daytime sky. Magritte painted it 16 times in oil and a further seven times in gouache. "Magritte's focus was on images and the spread of ideas," says Michel Draguet, Director General of the Royal Museums of Fine Arts of Belgium. "He was obsessed with the idea of mass representation, and he loved seeing his pictures on postcards...

Author: /time Magazine | Title: Two New Museums for Tintin and Magritte | 6/3/2009 | See Source »

...focus on Asia and other emerging markets, particularly in places where globalizing Chinese businesses are expanding. Industrial and Commercial Bank of China (ICBC) paid $5.6 billion in 2007 for 20% of Standard Bank, South Africa's largest lender, in part to serve Chinese-owned resources companies prospecting for oil, gold, copper and other metals in places like Angola, Congo, Liberia and Zambia. ICBC is now said to be interested in the Royal Bank of Scotland's Asian assets, along with Australia's ANZ Bank and Anglo-Asian lenders HSBC and Standard Chartered Bank...

Author: /time Magazine | Title: Why China's Banks Are Stronger than America's | 6/3/2009 | See Source »

...blacked out of imported magazines, an Arabic version of MTV, featuring shows like My Super Sweet Sixteen, is shown in hotel rooms and via satellite dishes that are readily available throughout the country (though not officially permitted). Mai Yamani, a Saudi scholar who is the daughter of former Oil Minister Ahmed Zaki Yamani, describes an ongoing political tension within the government between more secular reformists and traditionalists, for which there is no clear resolution. "Abdullah's strategy is one of political appeasement," Yamani wrote in a recent article on the nation's political situation, "to make just enough concessions...

Author: /time Magazine | Title: Obama and the Saudis: Cheek to Cheek, but a World Apart | 6/3/2009 | See Source »

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