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...Aegean Airlines, which may have to move to short-term leases for some of its fleet, is looking outward too. In the past six months, the carrier has added routes to Egypt, Israel and Turkey. Greece's $40 billion shipping industry--the country controls 22% of the world's oil-tanker fleet and nearly 25% of its cargo ships--should also prove immune to the financial maelstrom because of its global reach, according to Theodoros Veniamis, the president of the Union of Greek Shipowners. "Shipping is a cyclical business that operates worldwide," he says. "The current crisis won't have...

Author: /time Magazine | Title: Greece's Math Problem | 3/8/2010 | See Source »

WILLIAM HAGUE, British shadow foreign secretary, calling for an increased naval presence in the region in light of a current dispute with the South American country over oil...

Author: /time Magazine | Title: Verbatim | 3/8/2010 | See Source »

...find the strength to ski with an injury? -Erin Lack, La Crescent, Minn. It's been a real challenge for me to be able to ski well despite this injury. I've been doing as much therapy as I can. I use castor oil. My mother-in-law's from Norway, and she's always liked old-school remedies. And I do laser therapy and massage. I pretty much do everything humanly possible to make it feel better. (See 25 Olympic athletes to watch...

Author: /time Magazine | Title: 10 Questions for Lindsey Vonn | 3/8/2010 | See Source »

...connected to the case, raising hopes that some of the questions surrounding what has come to be known in Thailand as the Blue Diamond Affair would finally be answered. For Thailand, it could mean improved diplomatic relations with Saudi Arabia, potentially returning hundreds of thousands of jobs in the oil-rich nation to Thai migrant workers. But since Thailand's statute of limitations lapsed in February for murders allegedly linked to the heist, the Thais are running out of options. It will now be up to the Saudi government to decide if Thailand's last-ditch efforts are enough...

Author: /time Magazine | Title: Thailand's Blue Diamond Heist: Still a Sore Point | 3/7/2010 | See Source »

Kaliningrad's transport tax, for instance, has been called off for this year, and Russia can afford it: the state is still reaping massive profits from its sales of oil and gas. The broader economy is also recovering, and even though Putin's initial reaction to the protests showed some signs of dismay, Mitrokhin is far from certain that the government is afraid. "It amazes me," he says. "People are screaming for him to get out, but there is no sense that he is trying to reform or justify himself. He feels his own strength. If needed, he knows...

Author: /time Magazine | Title: Anti-Putin Movement Gains Confidence in Russia | 3/7/2010 | See Source »

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