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...cost of what are called "extreme weather and marine" satellite phones from one of the two premier global providers, Iridium and GlobalStar, is $1,200 per unit. The cost of calls per minute is $5. Total cost for phones comes to $60,000 based on each team of pirates having two phones, and all of these probably get replaced each year due to damage. Assuming 100 minutes a month per phone and the total cost of airtime...

Author: /time Magazine | Title: Somali Pirates Are Getting Rich: A Look At The Profit Margins | 4/15/2009 | See Source »

...Last week, however, the p.r. team went on the attack. It came on the eve of ex-chairman Maurice (Hank) Greenberg's congressional testimony critical of the firm's current leaders and the bailout strategy. Reporters were given a document outlining Greenberg's role in creating a ruinous AIG unit and his 2005 ouster. A press release questioned why he should have "any credibility." Ashooh said the document was prepared internally, not by p.r. firms, and was intended to correct "misinformation" spread by Greenberg...

Author: /time Magazine | Title: Is AIG Spending Too Much on Public Relations? | 4/10/2009 | See Source »

...which flies precisely in the direction he intends even as he sits atop an animal that could be moving from 25 to 35 miles per hour. Nick rides the horse with a knowing intimacy, as he rhythmically pumps his upper body so that the two work as one fluid unit. No longer is Nick an awkward ursine: he’s a four-legged creature with two abdomens...

Author: By Esther I. Yi, CRIMSON STAFF WRITER | Title: Grabbing the Reins | 4/8/2009 | See Source »

...through the endless processions, photo ops and briefings, Obama's warmth rose above his cold. He grabbed throat lozenges for the motorcades. His staff began stocking his podiums with glasses of water. Behind the scenes, the White House medical unit was surely lending a hand too. At every stage, the President gave essay-length answers to even the wonkiest theoretical questions, though his eyes sometimes hung heavy with dark sags. By the time he made it to Ankara, on Day 7, he was mocking his own illness, reveling in a sort of victory. "In London, I sounded like...

Author: /time Magazine | Title: President Obama: At Home Abroad | 4/8/2009 | See Source »

...experience of the Americans fighting in the Korengal Valley illustrates how difficult the war in Afghanistan is - but also how it can still be won. Over the past nine months, Bravo Company, a 150-strong unit of the 1st Battalion 26th Infantry Regiment, lost seven men in the Korengal while trying to cool down a toxic cauldron of local insurgents, Taliban leaders, foreign jihadis and al-Qaeda members that has some calling this cedar-studded gorge the "Valley of Death." The villages of Korengal have had their losses too, but they are deaths mourned in secret. Elders say the Americans...

Author: /time Magazine | Title: The U.S. in Afghanistan: The Longest War | 4/8/2009 | See Source »

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