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...According to a study released in February by the U.S. Department of Energy, China, the world?s second-largest consumer of energy (after the U.S.), is importing 48% of the 6.5 million barrels of oil it uses per day. China buys 16.8% of its imported oil from Saudia Arabia and 13.8% from Iran, making the country China?s second most important supplier...

Author: /time Magazine | Title: Can the President Win China's Support on Iran? | 4/20/2006 | See Source »

...Baby crocodiles found in the car of a man in South Africa who now faces prosecution for illegally possessing and transporting them $10 billion Estimated annual value of the market for wildlife trafficking?the second-largest illegal trade in the world after drugs

Author: /time Magazine | Title: Milestones | 3/20/2006 | See Source »

...ideals like “self-determination” and “inalienable rights” à la the UN, Iran claims the NPT is clear, and that no one is to interfere with their indigenous ambitions for cheaper, more efficient power. With similarly poetic rhetoric, the second-largest owner of oil fields in the globe tries to convince the international community that it only plans to “diversify” its energy interests. The “widening” Atlantic Ocean, Sharon’s health, Hamas’ victory, and other destabilizing international...

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

Nearly 20 mayors from twelve states joined a packed audience at the John F. Kennedy Jr. Forum last night for a speech by Antonio R. Villaraigosa, mayor of Los Angeles and the first Latino to lead the nation’s second-largest city in over a century. Calling himself a “proud progressive,” Villaraigosa said America’s cities form the base of the current progressive political movement. “Survey the political landscapes, and you see that the one place where progressive leaders hold power is in our cities...

Author: By Lev Menand, CONTRIBUTING WRITER | Title: L.A. Mayor: Time to ‘Own Up’ | 12/1/2005 | See Source »

...orderly dollar decline would make Asia's exports cheaper in global markets, but there's an important caveat. Recently, Asia has been drawing support from the long-awaited recovery of the Japanese economy, the world's second-largest. If Japan's newfound vigor is real, there is no overriding reason why the yen should continue to sag. Just as the day will come when the dollar will fall again, a concomitant rebound in the yen is equally likely. That could prove quite vexing to Japanese exporters...

Author: /time Magazine | Title: No Bang from this Buck | 11/27/2005 | See Source »

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