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Ever since the sfo announced it was dropping the case on Dec. 14, Blair has been plagued with questions. When it was signed in 1986, the deal with Saudi Arabia - known as the Al-Yamamah contract - was thought to provide a guaranteed stream of revenue for the British aerospace giant and safeguard thousands of jobs in the U.K. An extension of the deal, involving the sale of Eurofighter Typhoon jets, was agreed just last year. For Blair , Britain 's ties with the Saudis are paramount. "My advice was that this investigation would do enormous damage to our relations with Saudi...

Author: /time Magazine | Title: The Endless Cycle Of Corruption | 2/1/2007 | See Source »

...decide" rhetoric wasn't going over very well against former CIA Director Jim Woolsey's argument that, as a matter of national security, the U.S. government should support hybrid technology and alternative fuels. Taylor actually proposed that the poverty and dissatisfaction such a policy might cause in places like Saudi Arabia might create more terrorists...

Author: /time Magazine | Title: Joe Klein: How the GOP Lost Its Way | 2/1/2007 | See Source »

...starting to change. In conversations with her counterparts overseas--and in two interviews with TIME in the past month--Rice has sketched out a vision of a "new alignment" of forces in the Middle East, in which a "stabilizing" group of U.S. allies, like Israel, Egypt, Jordan and Saudi Arabia, could unite to contain the "destabilizing" threat posed by Iran and radical groups like Hamas and Hizballah. "There is a recognition that things are really splitting," Rice says, "with extremists on one side and what I call responsible [governments]--because they're not all reformers--on the other side...

Author: /time Magazine | Title: Rice's Toughest Mission | 2/1/2007 | See Source »

...between Israel and the Palestinians is real. A senior Arab official says that on her trip to the region last month, Rice pledged to help set up a Palestinian state by the end of Bush's term. According to this same official, Bush phoned the Kings of Jordan and Saudi Arabia to tell them Rice was coming with a commitment to solve the Palestinian issue. "There is a shift. There is no doubt about that," says an Arab official. "But how deep, how strong this effort is going to be--it's too early to tell." The first test will...

Author: /time Magazine | Title: Rice's Toughest Mission | 2/1/2007 | See Source »

...largest oil company predicted an increasing dependence on fossil fuels despite the emergence of alternative energy sources in a talk yesterday sponsored by the Harvard University Center for the Environment. At the standing-room only event, Abdallah S. Jum’ah, the president and CEO of oil producer Saudi Aramco, attributed this growing demand for oil to the rising global population and better living standards in the developing world. “Over the next several decades, we must substantially increase the amount of energy available to consumers around the world,” he said...

Author: By Shoshana S. Tell, CRIMSON STAFF WRITER | Title: Oil CEO Predicts Energy Use Rise | 2/1/2007 | See Source »

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