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Further diluting international influence is the potential of oil and gas revenues to transform Cambodia's still largely agrarian economy. Two years ago, Chevron announced the discovery of offshore oil reserves in Cambodia. If natural-resources dollars do start flowing in 2010, as some expect, the country may for the first time enjoy a major revenue source that could help it stand on its own feet. Yet, in countries like Nigeria, oil money has only served to enrich a tiny minority while leaving the rest of the country impoverished. And the alternate source of income may only make it more...

Author: /time Magazine | Title: Cambodia Keeps Taking, Gives Little | 6/22/2007 | See Source »

...Fatah's defeat in Gaza, the U.S. moved swiftly to bolster Abbas in the West Bank by lifting an embargo on aid funds for the Palestinians. The new strategy--shared by the Israelis, the Europeans and the Bush Administration--is to flood Abbas' government with cash and attempt to transform the West Bank, while putting Gazans on a diet of limited humanitarian aid in the hope that they will ultimately revolt against their Hamas masters...

Author: /time Magazine | Title: How to Deal With Hamas | 6/21/2007 | See Source »

...about a possible independent presidential bid," as the Associated Press put it. He temporarily knocked Paris Hilton off the 24-hour news channels - and proved he's a bit of a flirt himself. Needless to say, the punditocracy is in a tizzy, gleefully analyzing how Bloomberg's billions will transform the already wide-open campaign landscape...

Author: /time Magazine | Title: Why Bloomberg May Not Want to Run | 6/21/2007 | See Source »

...Yamanaka's findings, while his own team released a new study that improved on his original research. The collective work-which one cloning pioneer compared to turning lead into gold-raises the possibility that scientists might one day be able to reprogram a patient's own adult cells to transform into human embryonic stem cells and then into heart, nerve or any other kind of tissue. That could give doctors the ability to repair or replace cells destroyed by disease or injury, without fear of immune-system rejection. Experts were quick to warn that significant hurdles remained before the technique...

Author: /time Magazine | Title: Ahead of the Curve | 6/14/2007 | See Source »

...then there is the British palate. Despite the excitement generated by its launch, nobody's expecting Whole Foods to transform the way Britons eat. "It's quite an experience - I'm going to come back when I want to indulge in healthy food and salads," said Lucy, a 23-year-old stylist visiting Whole Foods for the first time. "But I still like...

Author: /time Magazine | Title: Whole Foods Hits the Land of Mushy Peas | 6/14/2007 | See Source »

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