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...than a barrel produced yesterday," Reiten, a former Norwegian Minister for Petroleum and Energy, told TIME a couple of days before his resignation. With StatoilHydro's decades of experience operating in the tricky terrrain and climate off Norway's coast, the company could become the industry specialist at tackling the world's most difficult jobs...

Author: /time Magazine | Title: Northern Might | 10/11/2007 | See Source »

...Assembly, Kim's government sacked Prime Minister Pak Pong Ju, who had led a Cabinet-level economic think tank and was seen by some as friendly to reformers. "All of a sudden the wind seems to have gone out of the sail," says Brad Babson, a former North Korea specialist at the World Bank...

Author: /time Magazine | Title: Risky Business | 10/11/2007 | See Source »

...proportion of the blood made up of red blood cells - drops below the normal range of 45% to 55% before transfusing. Now, doctors prefer to wait longer, until it falls below 30%. "There is still a lot of controversy about the trigger," says Dr. Lynne Uhl, a transfusion specialist at Beth Israel Deaconess Hospital, "but the growing data has reinforced the practice that it's okay to let the patient's hematocrit drop lower before transfusing...

Author: /time Magazine | Title: Why Banked Blood Goes Bad | 10/8/2007 | See Source »

...Kosovo's ethnic Albanian leaders are on the verge of scuppering the already deadlocked talks by unilaterally declaring independence. And Serbia, backed by Russia, remains loudly opposed to Kosovo's independence under any circumstances. "We're looking at a slow-motion train wreck," says Tomas Valasek, a Balkan specialist at the London-based Centre for European Reform. While a new war is unlikely, and there is a slim chance that a deal could be salvaged, the Balkans appear poised once again to reveal the stark limits of international diplomacy...

Author: /time Magazine | Title: Kosovo: Separation Anxiety | 10/4/2007 | See Source »

...which student financial aid and endowment spend out should be connected.” But advocates of closer regulation argue that students are not benefiting from universities’ increasing wealth. Citing her findings in a report commissioned by the Finance Committee, Jane G. Gravelle, an economic policy specialist for the Congressional Research Service, argued that low endowment payments in recent years—a number she said hovered under 5 percent of yearly income—indicated a need to impose mandates on how schools use their money. “Small additions from the endowment distribution could mitigate...

Author: By Cora K. Currier, CONTRIBUTING WRITER | Title: Harvard Rejects Endowment Regulation | 10/2/2007 | See Source »

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