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...President. Boris Yeltsin was flawed and ineffective, yet held significant powers. Putin inherited them, enhanced them, and transformed the presidency into a source of pride and respect for many Russians. It didn't hurt, of course, that world prices for oil and other Russian natural resources hit sky-high levels, enabling Putin to dole out favors and goodies to lift Russia up from the chaos of the immediate post-Soviet years and secure his position...

Author: /time Magazine | Title: Why Putin Will Still Run Russia | 3/2/2008 | See Source »

...April 2003 - less than five years ago - when a barrel of oil cost one-quarter of this week's whopping $100, and when prices were regarded as high enough to keep oil-rich countries happy. Which brings up the question: How long will the price of oil remain sky-high...

Author: /time Magazine | Title: Oil's Sky-High Forecast | 2/21/2008 | See Source »

...Margerie said companies and governments now realize that they have overestimated the amount of oil that could be extracted from places difficult to reach and costly to explore. "It is not my view, it is the industry view," he said. In other words, the message is that the current sky-high oil prices may not be a temporary burden on the world economy...

Author: /time Magazine | Title: Oil Prices: It Gets Worse | 11/7/2007 | See Source »

Ryono used to feel the same way until he learned about the sky-high mercury levels. "I thought eating this meat was fine because it is a Japanese tradition," he says. "But protecting our culture is not worth endangering our children's health." Junichiro Yamashita, the other member of the town council who opposes serving dolphin in school lunches, believes a silent majority supports his cause but is reluctant to speak publicly. "At the last town meeting, there was a lot of pressure from fishermen not to publicize the mercury results," he says. Some are afraid of losing their jobs...

Author: /time Magazine | Title: Postcard: Taiji | 10/4/2007 | See Source »

...stands out among the rich European women wearing tight jeans and toting suitcase-size designer bags. Angular and petite, she arrives carrying a miniversion of the patent-leather Downtown bag and unravels herself from an Army green trench coat to reveal a black-and-white checked dirndl skirt and sky-high sandals. Hermann confesses that she often blends her YSL wardrobe with other labels, like Hermès and even Monoprix, France's version of Target...

Author: /time Magazine | Title: What's Her Recipe For French Dressing? | 9/21/2007 | See Source »

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