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...French energy giant Total, told TIME last week that the world has "oil reserves of about 40 years at current demands." "It is not so easy to supply the world," Darricarrère said in an interview in south Yemen, where the company just opened a liquefied natural-gas plant. "We will reach a plateau and start to decline." He said that expanding access to alternative-energy options like electric cars and solar panels will only "add some years to the end" of the world's oil reserves...

Author: /time Magazine | Title: After the Recession, an Energy Crisis Could Loom | 11/10/2009 | See Source »

...computer, was Pajcin's aunt; he traded stocks in her name and in the name of an exotic dancer he was dating to escape scrutiny. In one ploy to glean inside information, Pajcin and an accomplice, former Goldman colleague Eugene Plotkin, hired workers in the Wisconsin printing plant where BusinessWeek was published to filch copies of the magazine straight from the press to discover which companies would be mentioned. Plotkin pleaded guilty and was sentenced to nearly five years in prison. Pajcin served two years before being released, and promptly disappeared - possibly leaving the country. Once he's tracked down...

Author: /time Magazine | Title: Insider Trading | 11/9/2009 | See Source »

...bluefin catch accounts for less than 3% of the tuna that people eat. For the $175 that a plate of Honda's maguro runs to, you can buy half a year's supply of canned tuna from the Ocean Canning Corp. in General Santos. Inside Ocean Canning's processing plant, rows of men and women in blue smocks skin, bone and pack thousands of fish into cans sent to customers in Europe. Outside, dozens more would-be workers line up at the cannery's office, applications in hand. If there is one thing that people in General Santos can count...

Author: /time Magazine | Title: Hunting for Tuna: The Environmental Peril Grows | 11/9/2009 | See Source »

...Even in the capital, Sanaa, there were high-profile killings of foreigners earlier this year and a suicide attack against the U.S. embassy in 2008. When executives from the French energy giant Total, which built the new Balhaf gas plant, decided to go sightseeing in Sanaa's ancient quarter after the ceremony on Nov. 7, they drove through the city in a police-led convoy...

Author: /time Magazine | Title: Yemen-Saudi Skirmishes Threaten a Wider Conflict | 11/9/2009 | See Source »

Yemen's President, Ali Abdullah Saleh, flew into the Gulf of Aden on Nov. 7 to celebrate the first exports of liquefied natural gas from a sprawling $4.5 billion plant - the biggest ever investment in his otherwise impoverished desert country. A brass band played and politicians applauded the gas tanker as it set sail for South Korea, but Saleh's attention was elsewhere - on the attacks that Saudi Arabia's military forces were waging against antigovernment Shi'ite rebels in the north of Yemen. The rebels "are trying to demolish the economy," Saleh tells TIME, vowing, "We will crush them...

Author: /time Magazine | Title: Yemen-Saudi Skirmishes Threaten a Wider Conflict | 11/9/2009 | See Source »

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