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...Dewi Madrim in the Strait of Malacca is typical of a rising tide of crime that has turned one of the world's busiest waterways into one of the most dangerous. About 800 km long, the strait is traversed each year by some 50,000 ships carrying one-third of the world's trade and half its crude oil, including 90% of Japan's oil needs. Its narrowest point, near Singapore, is barely 2 km across, making passing ships easy targets. In its latest report released last month, the London-based International Maritime Bureau (IMB), whose Piracy Reporting Centre...

Author: /time Magazine | Title: Dire Straits | 11/29/2004 | See Source »

...There's a particular irony in recent developments because it was Khodorkovsky - now behind bars - who first demonstrated to the world how viable Russian oil can be. Back in the 1990s, that wasn't self-evident. The collapse of the Soviet Union was accompanied by a slide in Russian oil production, from a peak of almost 11 million bbl. per day in 1987 to just 6 million in 1996. Yukos blazed the trail - and helped reverse the oil slump - by investing heavily in existing fields in Siberia, bringing in Western technology and dozens of American and other experienced foreign managers...

Author: /time Magazine | Title: Power Play | 11/28/2004 | See Source »

...ridge overlooking the dense bush into which Caley and his men descended. Of the 62 km Caley traveled to reach the Carmarthen Hills, as a section of the range was then known, less than a third has been swallowed by farming and suburbia; most of it today lies in the Grose Wilderness - an area protected as part of the Greater Blue Mountains World Heritage Area which covers more than a million hectares of steep gorges, waterfalls, swamps and sandstone escarpments that, in the late afternoon sun, glow the color of warm toffee. From this vantage point, looking west to flat...

Author: /time Magazine | Title: Wild Blue Yonder | 11/23/2004 | See Source »

There's a particular irony in the Russian-oil story because it was Khodorkovsky--now behind bars--who first demonstrated to the world just how viable Russian oil can be. Back in the 1990s, that wasn't self-evident. The collapse of the Soviet Union was accompanied by a slide in Russian oil production, from a peak of almost 11 million bbl. per day in 1987 to just 6 million in 1996. Yukos blazed the trail--and helped reverse the oil slump--by investing heavily in existing fields in Siberia, bringing in Western technology and dozens of American and other...

Author: /time Magazine | Title: Russia: Power Play | 11/22/2004 | See Source »

National Treasure is about a third-generation treasure hunter searching for the greatest treasure the world has ever known, ever. Cage, who seems to have convinced himself that he’s a modern day Juan Ponce De Leon, runs around like an idiot, examining money like a McDonald’s cashier dubious about a customer paying for an item on the dollar menu with a 10-dollar bill. At one point in the film, Cage’s sidekick, a first generation treasure hunter played by Justin Bartha—I know what you’re thinking...

Author: NO WRITER ATTRIBUTED | Title: Film Reviews | 11/19/2004 | See Source »

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