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...current government has only recently corrected. Adivasis are entitled to reserved places in universities and government jobs but they remain among India's poorest and most marginalized. In village after village on our journey, the only visible sign of a government presence was an occasional well with metal hand pump...

Author: /time Magazine | Title: India's Secret War | 5/29/2008 | See Source »

...will raise production when the market justifies it.' ALI AL-NAIMI, Saudi Arabia's Minister of Petroleum and Mineral Resources, after the country rebuffed President George W. Bush's request that OPEC nations immediately pump more oil to decrease record prices...

Author: /time Magazine | Title: Verbatim | 5/22/2008 | See Source »

Like many of their neighbors, the Kovals have invested all they had in their house. They sold their apartments in the city of Rostov, borrowed money at a steep rate and invested seven years of hard labor to build the place. "In other countries, they pump oil," says the Kovals' neighbor, Sarkis Inechkyan, 60. "We make our living by letting rooms to vacationers." Their worst fears were realized in early April, when Russia's then Prime Minister Victor Zubkov told a Cabinet meeting that the state would need some 1,700 acres (700 hectares) to build more than 200 Olympic...

Author: /time Magazine | Title: Postcard: Sochi | 5/14/2008 | See Source »

...Federal Reserve accused of pandering when it bailed out the Bear Stearns investment bank to the tune of $30 billion? Why shouldn't the oil companies pay the federal gasoline tax this summer instead of the people who "hold their breath" every time they pull up to the gas pump? "I know that some people don't have to worry when they go to the supermarket," she said, staring accusingly at the placard bearers, but "there are people who count their pennies as they walk down the aisle," trying to figure out what they can afford. "Don't they deserve...

Author: /time Magazine | Title: Klein on Obama | 5/8/2008 | See Source »

...there is a formula for foreign companies operating in Africa's extractive industries, it has been this: Pay the government millions of dollars for concession rights; dig, pump, pick or chop what you seek; and export. Don't worry too much about the country or its people...

Author: /time Magazine | Title: Gem of an Idea. | 5/1/2008 | See Source »

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