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...vanquished, but they are the target of the biggest military offensive in Colombia's history, and they've lost several key commanders. The FARC is being pushed into remote mountains and jungle redoubts, and it hasn't captured a town since 2004. Fighters are deserting the FARC at a rate of 300 a month, according to the government, leading many analysts to believe the group is on the ropes. And that was all before Wednesday, when army commandos disguised as guerrillas tricked the FARC into placing 15 of its most valuable hostages - including former presidential candidate Ingrid Betancourt and three...

Author: /time Magazine | Title: Among the FARC's True Believers | 7/3/2008 | See Source »

...Even the general agreement on the need for more investment to answer that question came with its own polemics. "Exxon will spend $1.25 billion on research," said ExxonMobil CEO Rex Tillerson. "My company alone is investing at a rate of 60% of OPEC's." But asked what the OPEC was investing to secure future demand, Khelil responded by suggesting his organization was being unfairly targeted. "What are other countries doing? Why don't you ask Brazil? Why don't you ask China? Those aren't OPEC countries," he said. Meanwhile, BP's Hayward blamed high taxes for stymieing necessary investment...

Author: /time Magazine | Title: No Gloating for Big Oil | 7/2/2008 | See Source »

Researchers point to myriad factors contributing to the rise in STD instances, among them a high midlife divorce rate and the ease of finding dates online. "What we have in this age group is a lot of people who are separated or divorced and seeking relationships. Sometimes they obtain them via the Internet, where they don't know the person and they don't know their sexual history," says Olowokure...

Author: /time Magazine | Title: More Midlife (and Older) STDs | 7/2/2008 | See Source »

...hope we can get our rates of return to levels comparable to the best North American universities," says John Hood, vice-chancellor of Oxford. They've some way to go. In the decade to August 2006, Oxford's central endowment delivered an annualized return of 6.7%. Over an almost identical period, an appetite for riskier investments helped Harvard's endowment return 16.7%. At Yale, the rate was 17.2%. (In a coup for Cambridge, David Swensen, the former Wall Street exec who has masterminded Yale's returns, now sits on the university's own Investment Board...

Author: /time Magazine | Title: Britain's Universities: Funding Excellence | 7/2/2008 | See Source »

...House in my back pocket, I came home to a major case of writer’s block. My expectations were high, and I couldn’t deliver. Would I write the next Great American Novel? Could I do it in the next few months? Not at the rate I was going...

Author: By Juli Min | Title: A Life of Crime | 7/1/2008 | See Source »

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