Word: titanics
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UNIVERSITY OF ARIZONA/ESA/NASA/EPA Saturn's moon Titan has been shrouded in smog for eons. The HUYGENS PROBE last week pierced the veil, parachuting in for a landing. Titan's orange, rubbly terrain is like Mars', though the -178?C temperatures mean the rocks are probably made of ice. Other images showed what could be liquid ethane and methane, resembling a flash-frozen Earth before life emerged. Data still to come may shed light on how all biology came to be. - By Jeffrey Kluger...
Watch the Hands Will oil unite Russia and China in a way that communism never did? Yukos watchers assumed that the Russian oil titan, neutered by massive tax bills and the jailing of its CEO, would end up in the hands of the Russian government. But last week Russia's Energy Minister, Viktor Khristenko, announced that a 20% stake in the new business may be sold to China's state-oil company CNPC...
...Happy Ring Tone Mobile-phone titan Nokia may be rebounding after a poor first half. It raised earnings forecasts for the third quarter, citing market-share gains and stronger-than-expected demand...
...analysts now predict prices will hit $50 per bbl., a far cry from the less than $10 per bbl. that crude fetched back in 1986. Supply and demand are powerful in theory, but for the moment they're taking a backseat to fear. If Yukos dries up (the Russian titan produces 2% of world supply) or insurgents hit oil installations in Iraq, Nigeria or - whisper it - Saudi Arabia, then $40 per bbl. might start to look almost cheap. Back Down To Earth A mixed week for British Airways: the carrier cheered first-quarter profits of $128 million after a loss...
...Tabloid Titan TIME interviews Iain Calder, editor of the National Enquirer for 20 years...