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...energy since the price shocks of the 1970s. Fair point. Yet it is foolish to imagine that the end of the era of cheap oil will not have profound impacts on the way the world is ordered. Already, it is changing the geopolitical balance, emboldening Iran, and convincing Russian leaders that their country may not, after all, be the great loser of the age. And look at China. Now a net importer of oil, its companies are involved in searches for supplies from Africa to North America, while its diplomats have been drawn into such Great Power debates...

Author: /time Magazine | Title: Down from the Mountain | 2/4/2006 | See Source »

...medals. The injured Michelle Kwan, still chasing the only gold that's ever eluded her, will face strong challenges from teammate Sasha Cohen and Russia's Irina Slutskaya, seven-time European and twice World champion. The Scandinavians will struggle to protect their longtime hold on Nordic events from the Russian, Ukrainian and Czech skiers hot on their heels. Austrian ski great Hermann Maier will attempt to complete his miraculous comeback from a near fatal motorcycle crash in 2001 by adding to his two Olympic gold medals. German speed skater Anni Friesinger will face a strong field of U.S. and Canadian...

Author: /time Magazine | Title: Torino Gets Stoked | 2/4/2006 | See Source »

...first U.S. ice-dancing medal since 1976. "Well, for some people." Agosto and Belbin are not romantically involved. Since skating routines are inherently sensual, off-ice contact is inevitable. Love has certainly worked for Melissa Gregory and Denis Petukhov, the other top U.S. dance pair. Gregory met Petukhov, a Russian, five years ago on an Internet message board for skaters. Petukhov flew to Colorado to test the pairing. "If it wasn't going to work, I was going to put him right back on the plane and say, 'Adios, I'm going to college,'" says Gregory. The pair clicked...

Author: /time Magazine | Title: Close Encounters | 2/4/2006 | See Source »

With that money, Iran can continue sustaining expensive deals with Russian contractors to build and operate the nuclear facilities. Yet again, the ambiguity of Washington’s past agreements with the Shah gives the Kremlin a fine rebuttal for any objection raised by the State Department. Moreover, Russian defense contractors, often antique leviathans from Soviet times, strongly pressure President Vladimir Putin not to succumb to “American interests” and to uphold Russian intransigency. Simply enough, Russia gets money, and Iran, nuclear technology...

Author: By Pierpaolo Barbieri | Title: Iran’s (Artistic) Ambitions | 2/2/2006 | See Source »

...Russian support came at a price: At Moscow's insistence, the Security Council will not act on the Iran issue until after the next full meeting of the IAEA in March. Before then, IAEA director-general Mohamed ElBaradei will provide member states with a full report, which, barring a complete climb-down by Tehran, will be the Nobel Peace Prize winner's harshest assessment to date of Iran's nuclear program, and will state his inability to certify that it exists for exclusively benign purposes. The delay will also give Russia five more weeks to pursue its own efforts...

Author: /time Magazine | Title: Iran Under Pressure from the West | 2/2/2006 | See Source »

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