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...prices heads for a possible $4 a gallon in the U.S. this summer, it's tempting to blame Big Oil - as many in Congress did last week -for its bloated profits greased by generous tax breaks. But the players in the oil-producing world see things a little differently. OPEC officials, oil executives and oil-rich governments met Thursday in Paris at the International Oil Summit, to share their thoughts on the global energy crunch. Total chief executive Christophe de Margerie and Royal Dutch Shell's exploration chief Malcolm Brinded told officials from oil-rich countries that they needed more...

Author: /time Magazine | Title: OPEC: Gas Prices Will Stay High | 4/11/2008 | See Source »

...have absolutely nothing against rich people.' HILLARY CLINTON, Democratic presidential hopeful, after the release of her and Bill Clinton's tax-return documents showed that the couple have earned $109 million over the past seven years...

Author: /time Magazine | Title: Verbatim | 4/10/2008 | See Source »

...have absolutely nothing against rich people.' HILLARY CLINTON, Democratic presidential hopeful, after the release of her and Bill Clinton's tax-return documents showed that the couple have earned $109 million over the past seven years...

Author: /time Magazine | Title: Verbatim | 4/10/2008 | See Source »

...prostrated himself before them, trumpeting his opposition to abortion and promising to nominate socially conservative judges—and he’ll be held to those promises. He is also unabashed about his strong belief in the wonders of military solutions to our problems, is no tax-cutter himself, and has pushed for federal control of everything from baseball to cigarettes , elements perhaps overlooked during the collective swooning of newspaper editorial boards...

Author: By Daniel C. Barbero | Title: That Old-Time Religion | 4/10/2008 | See Source »

...months before the billionaire-tycoon-turned-P.M. was deposed, hundreds of thousands of Thai citizens flooded the streets to rally against him. Among other things, they were incensed over a multibillion-dollar business deal in which Thaksin and his family did not pay any tax. By removing Thaksin from power, the junta may have thought it could unite an increasingly polarized country. But even after the military regime publicized a litany of complaints against Thaksin-alleged corruption, abuse of power and even disrespect for the country's beloved monarch-his populist policies still resonated with many rural poor. Samak...

Author: /time Magazine | Title: Soothsayer: Doom for Thailand Govt. | 4/9/2008 | See Source »

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