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...that the Portuguese were right. Seismic tests over the past 50 years have shown that countries up the coast of East Africa have natural gas in abundance. Early data compiled by industry consultants also suggest the presence of massive offshore oil deposits. Those finds have spurred oil explorers to start dropping more wells in East Africa, a region they say is an oil and gas bonanza just waiting to be tapped, one of the last great frontiers in the hunt for hydrocarbons. "I and a lot of other people in oil companies working in East Africa have long been convinced...

Author: /time Magazine | Title: Is East Africa the Next Frontier for Oil? | 3/10/2010 | See Source »

...about 10 seconds. Bloomberg is also offering around-the-clock customer support to the teams. While a fantasy player can expect a response from Bloomberg within 24 hours of asking for help, he won't get a 3 a.m. callback while he's torturing himself over whom to start at second base for the next day's game. "We'd have to charge more than $31.95 for that," says Bill Squadron, president of Bloomberg Sports products...

Author: /time Magazine | Title: Bloomberg's Financial Tools, Now for Baseball Geeks | 3/10/2010 | See Source »

...store and you buy a gallon of milk, you hand your money over to the storekeeper and you walk away. You're trusting in the integrity of the storekeeper to deliver milk [that] is safe and good. So that's just a basic trust in integrity. But if you start peeling back the layers off that transaction you can see there are far more relationships of integrity and trust needed to bring that milk to you. You can start with the farmer who needs to look after his cows properly, the vet who gives the cattle their antibiotics...

Author: /time Magazine | Title: How Trust Creates Wealth | 3/10/2010 | See Source »

...reason for numbers that big to have names, since they're seldom used. But the scientist in Sendek is hopeful that the prefix's day might come. "We're always learning more about the universe, stars, black holes, planets and galaxies," Sendek says. "That's when those big numbers start to come...

Author: /time Magazine | Title: Hellabytes? A Campaign to Turn Slang into Science | 3/10/2010 | See Source »

...Democrats worry that by negotiating with Graham, the Administration is conceding defeat at the start. "It's a self-fulfilling prophecy," says a senior Senate Democratic aide, "because if you let it be known that you might cut a deal because you think you don't have the votes, then you won't have the votes...

Author: /time Magazine | Title: Can Lindsay Graham Broker a Deal on 9/11 Trials? | 3/9/2010 | See Source »

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