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...year, Russian, Thai and Vietnamese companies signed exploration deals with the junta. In late December, a consortium of four foreign companies, led by South Korea's Daewoo, inked an agreement with the junta and China National Petroleum Corp. to extract natural gas from Arakan's offshore Shwe fields and pipe it northeast through Burma to China's Yunnan province. The pipeline, along with a plan for a new deepwater port in Arakan where ships laden with Middle Eastern oil can dock and disgorge their valuable cargo, gives China an alternative to the expensive and sometimes dangerous Strait of Malacca...

Author: /time Magazine | Title: The Scramble For A Piece of Burma | 3/19/2009 | See Source »

...terrorist-and a totem of the age of violent radicalism that erupted during the 1970s. Olson - nee Kathleen Ann Soliah, the infamous Symbionese Liberation Army fugitive - was released Tuesday from a California state prison, seven years after pleading guilty to participating in a deadly bank robbery and planting pipe bombs under police cars...

Author: /time Magazine | Title: Sara Jane Olson: American Housewife, American Terrorist | 3/18/2009 | See Source »

...urged the group to "keep fighting." She joined the cause in earnest in 1975. A quarter-century later, she copped to involvement in two crimes committed that year: a bank robbery near Sacramento in which a customer, Myrna Opsahl, was fatally shot; and the planting of two pipe bombs beneath police cars. (They failed to detonate and were successfully defused...

Author: /time Magazine | Title: Sara Jane Olson: American Housewife, American Terrorist | 3/18/2009 | See Source »

...Olson - who formally changed her name in 1999 - pleaded guilty to both crimes, and was sentenced to 14 years in prison for attempted murder in connection with the pipe bomb incident. In 2008, she was briefly released when California's parole board miscalculated her parole eligibility; Olson spent five days with her family before being returned to prison. Her impending release this week also sparked a kerfuffle, with Minnesota officials - including Governor Tim Pawlenty - petitioning California Governor Arnold Schwarzenegger to force Olson to serve her parole in California, the state in which she committed her crimes. Those requests were denied...

Author: /time Magazine | Title: Sara Jane Olson: American Housewife, American Terrorist | 3/18/2009 | See Source »

...idea that car sales are going to go back to the 16 million level even if GDP begins to grow rapidly is a pipe dream. Americans realize that a well-built, well-maintained car is good for 100,000 miles or more and perhaps six or seven years of use. Americans are learning that the hard way because they can't afford new cars, but it is a lesson which is not likely to be unlearned. People are going to keep cars longer and fewer new cars are going to be sold. America's car companies are in a better...

Author: /time Magazine | Title: Fixing The Car Industry By Fixing Cars | 3/13/2009 | See Source »

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