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...months, Russian oil companies have undergone rapid and considerable consolidation, attracting attention and investment from American and European firms. In April, the country’s biggest and fourth-biggest oil companies, Yukos and Sibneft, merged to form the largest Russian company in post-Soviet history; ExxonMobil and Shell immediately announced their interest in joining the new partnership. Prior to this, British Petroleum merged with Russian oil company TNK, and the new company rebounded financially. Such an influx of foreign investment is the first step toward linking Russian oil with the United States...

Author: By Christine A. Teylan, | Title: Tough Choices for Russia | 10/24/2003 | See Source »

Last year’s event saw a pair of freak accidents disrupt an otherwise routine regatta. One man was sent to the hospital when eight-person shell hit him, penetrating his torso. In another incident, in 1996, boats from George Washington University and Brown University collided at full speed...

Author: By Ashwin M. Krishnan, CONTRIBUTING WRITER | Title: Charles Regatta Weekend Launches | 10/17/2003 | See Source »

...that first gay America. The two straight men who most famously pretended to be gay in this state were Russell Henderson and Aaron McKinney, who--five years ago this week--got Matthew Shepard into a truck, tied him to a fence outside Laramie, beat him into an unrecognizable shell and left him to die. Though robbery and drugs may have been other factors, Henderson and McKinney were also teaching Shepard a lesson about what happens when you bring a little bit of Queer America to the other...

Author: /time Magazine | Title: The New Face Of Gay Power | 10/13/2003 | See Source »

...least 5.7 million people--plus everybody who saw the TV movie or the off-Broadway play--already know the story of Morrie Schwartz, Albom's Brandeis professor who died of amyotrophic lateral sclerosis (ALS). Albom, who gave up jazz to become a sportswriter, still seems a little shell-shocked by Morrie's success. Six years of having complete strangers come up to you and bare their souls will do that. "Before that whole experience," Albom says, "if I walked through an airport and somebody recognized me, they'd always say, 'Who's going to win the World Series...

Author: /time Magazine | Title: Books: Mitch Albom: Words Of Paradise | 10/13/2003 | See Source »

...Learn the fine art of compromise. Schwarzenegger did not pick an easy time to take office. The state government handled its $38 billion deficit in the fiscal 2004 budget largely with loans and fiscal shell games. Almost 60% of the budget gap was closed with borrowing, accounting changes and other one time fixes, according to the California Budget Project. Schwarzenegger needs to deliver a budget proposal for fiscal ?05 to the legislature by January 10th and it has to close an $8 billion hole shifted from the last go around. Some analysts are predicting the deficit will be closer...

Author: /time Magazine | Title: Advice For Arnold | 10/10/2003 | See Source »

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