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...Cuba. The University of Miami's Pinon says the more serious issue is refining capacity: even if Cuba has only the low estimate of 5 billion bbl. - which could yield more than 300,000 BPD - it needs Venezuela's investment to upgrade refineries like the Soviet-built plant at Cienfuegos. But plummeting crude prices mean that Chávez may have a lot less wealth to spread around for his petro-diplomacy projects. "Like the collapse of the Soviet Union," says Pinon, "this kind of thing has always been Cuba's Achilles' heel...

Author: /time Magazine | Title: How Cuba's Oil Find Could Change the US Embargo | 10/23/2008 | See Source »

...North Koreans weren't supposed to be building nukes at all. In the early 1990s, the U.S. suspected Pyongyang was striving to join the atomic club by using plutonium extracted from a Soviet-built nuclear reactor (the CIA at the time said it believed Pyongyang could have one or two bombs). Under a 1994 agreement with the West, North Korea agreed to shut the reactor down in exchange for an ongoing supply of free fuel oil from the U.S. and two tamper-proof reactors for electrical power generation to be built by Japan and South Korea...

Author: /time Magazine | Title: Dear Leader's Nuclear Agenda | 11/25/2002 | See Source »

Defense Secretary Donald Rumsfeld's sleek blue-and-white jet touched down late last week on the 13,000-foot, Soviet-built runway at Manas International Airport here, bringing him for the first time to his key base in the war on terror. The base is well on is way to becoming the central staging area for U.S. military operations in this part of the globe. Hammers clatter and saws whine across the post, dubbed Ganci Air Base after New York City Fire Chief Peter Ganci Jr., who died at the World Trade Center. Engineers are busy putting up housing...

Author: /time Magazine | Title: Letter From Kyrgyzstan: The U.S. Moves In | 4/27/2002 | See Source »

That morning the Cathay airliner was at 2,700 m in clear sky, some 30 km off Hainan's east coast. At about 8:40 a.m., two Chinese fighters suddenly appeared. The aircraft were later identified as Lavochkin LA-7s, Soviet-built prop-driven fighters. For no apparent reason, the planes opened machine-gun and cannon fire. The DC-4's captain Philip Blown tried evasive action, hurling the DC-4 into a steep dive. But the airliner kept taking hits. Syd's Pirates: A Story of an Airline (Durnmount, 1983), by retired Cathay senior captain Charles "Chic" Eather, documents...

Author: /time Magazine | Title: Hainan — the Prequel | 4/2/2001 | See Source »

...turn for taking only what I could carry--a few clothes, an Oriental scroll my wife had given me for my birthday--came on the third day of the war. North Korean planes, Soviet-built Yaks, had strafed the afternoon before, and our house was deserted, the servants gone. At the embassy, two jeep convoys were forming , one to join the American military advisers who were with what remained of the South Korean army, the other to find the government, which had evaporated. I was to have joined this group, but to my dismay, it had already left; perhaps...

Author: /time Magazine | Title: Nostalgia: Old Men, Old War | 7/24/2000 | See Source »

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