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...fund BP's controversial Baku-Tbilisi-Ceyhan (BTC) pipeline, which will run through Azerbaijan, Georgia and Turkey to bring Caspian Sea oil to the West. The project, argued BankTrack, violates the Equator Principles in key areas, notably in regard to the protection of indigenous peoples. The ngo suggests the Turkish government may use the new pipeline as an excuse to crack down on ethnic Kurds living along its route. Last December, Banca Intesa withdrew from the project, but both Citigroup and ABN Amro reject BankTrack's criticisms and have stayed on. "BTC is a complex and challenging transaction...

Author: /time Magazine | Title: Taking The Earth Into Account | 5/1/2005 | See Source »

DIED. Auguste Joseph Ricord, 74, French-born drug trafficker who from his base in Paraguay during the late 1960s and early '70s masterminded the Latin Connection, the syndicate that shipped $1.2 billion worth of Turkish heroin from Europe through Central and South America to the U.S.; of undisclosed causes; in Asunción, Paraguay. Arrested there in 1971 on U.S. conspiracy charges, Ricord, one of the biggest drug kingpins ever snared by the U.S., was sentenced in 1973 to 20 years' imprisonment, but was released after ten because of poor health...

Author: /time Magazine | Title: Milestones: Aug. 12, 1985 | 4/18/2005 | See Source »

Italian authorities may soon hear from another defendant in the conspiracy trial. Turkish police last week arrested Bekir Celenk, a Turk whom Agca has accused of helping arrange the plot against the Pope. Until his reappearance in Ankara, Celenk, a reputed smuggler, had been secluded in Bulgaria since at least...

Author: /time Magazine | Title: World Notes: Jul. 22, 1985 | 4/12/2005 | See Source »

...foibles. The future President's father James was widower of 52 when he suddenly proposed marriage to the equally lofty Sara Delano, age 26. The reason the Delanos were so privileged was that Sara's father was one of those 19th century entrepreneurs who had made a fortune smuggling Turkish opium into China...

Author: /time Magazine | Title: Interiors: The Roosevelts | 4/12/2005 | See Source »

...with former FPO ministers under their new banner. Analysts say that by distancing themselves from the extreme-right members of the former FPO, Haider and his new alliance might win back voters lost because of the party's divisions and harsh policies. A recent attempt to stir up anti-Turkish sentiment backfired when FPO posters vowing "Vienna must not become Istanbul!" were ridiculed. Political scientist Peter Filzmaier says the new party will aim for 10% in parliamentary elections next year: "If he can do that, he will be in the game again," says Filzmaier. If not, Haider may have...

Author: /time Magazine | Title: Jorg Haider's New Clothes | 4/10/2005 | See Source »

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