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...source to the Middle East. Now the Chinese, too, are clamoring for much larger deliveries of Russian oil and gas. But dependence on Russian energy comes at a political price. Russian President Vladimir Putin doesn't hide his ultimate goal. Russia "must aspire to claim world leadership in the realm of energy," Putin told his Security Council last December. For the Kremlin, energy security equals Russian national security, and it won't shy away from making oil and gas significant tools of its foreign policy. The clearest sign came last winter, when the state-controlled gas behemoth Gazprom shut...

Author: /time Magazine | Title: Crude Power | 7/2/2006 | See Source »

...This latter fact dispelled much of the whalemen's anxiety. And who knew? Perhaps the approaching steamer could provide the Brunswick's master and crew with passage out of this icy realm. Captain Jeremiah Ludlow of the Isaac Howland, one of the whaling vessels gathered around the Brunswick, agreed to carry Potter's request to the steamer. Dispatched in a whaleboat, he soon stood on the steamer's deck. Ludlow failed to learn the mystery ship's identity, and his reception by her officers had been a bit frosty. But they seemed to have expressed, albeit in vague language...

Author: /time Magazine | Title: The Odyssey of the Shenandoah | 6/26/2006 | See Source »

...Although less "p.c." than she appeared a year ago, Prime Minister Clark can still sound like a denizen of Helengrad. New Zealand's Labor-led government has taken quite a different diplomatic and military approach, its impeccable morality matching its near irrelevance as a Polynesian statelet in the broader realm of world affairs. Just on the political surface, never mind what the Sir Humphreys are doing, Australia has Alexander Downer and Kevin Rudd leading the foreign affairs debate. Winston Peters? Say no more...

Author: /time Magazine | Title: Warnings from New Zealand's Birdcage | 6/25/2006 | See Source »

...very notion of the U.S. invading Venezuela strikes many observers in both countries as far beyond the realm of possibility, and critics say it is more of a tool for Chavez to rally support behind his government than anything else. But in a country where many still blame the U.S. for tacitly supporting a failed coup against Chavez in 2002, the powers that be certainly don't act as if an attack is a joke...

Author: /time Magazine | Title: On Scene: Venezuela's War Games | 6/19/2006 | See Source »

...Thailand's King possesses the moral authority to do this because he sits above politics, as if belonging to a different realm. He knows that his role as King is to be a symbol, not a personality, precisely because (unlike a politician) he does not have to hustle and promote himself to win the people's favor. King Bhumibol happens to be hugely admired across Thailand, acclaimed as a musician, painter, patent-holding inventor and, most of all, philanthropist, who constantly goes around his kingdom offering development projects to help his people. But what he really seems to have mastered...

Author: /time Magazine | Title: The Mystique of Monarchy | 6/12/2006 | See Source »

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