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...concerns over the environmental and economic effects of an Anglo-Australian-run copper mine sparked a secessionist struggle that claimed 15,000 lives over the course of a decade. (The mine, one of the world's largest open-pit sites, is now closed as a result of the civil war, which officially ended in 2000.) Separately, the national government was forced to declare a state of emergency in Southern Highlands province three years ago when protests over a multinational consortium's proposed gas pipeline reached a crescendo. (The project has since stalled...

Author: /time Magazine | Title: The World of China Inc. | 12/7/2009 | See Source »

...Despite Bush's blunders in Iraq and elsewhere, many Indians welcomed his embrace, which strengthened ties to an unprecedented degree after decades of Cold War estrangement. Prime Minister Singh faced opposition at home from politicians skeptical of closer relations with the U.S. - his government was almost deposed by parties of the left protesting a nuclear-technology deal he concluded with the Bush Administration. But Singh staked his political reputation on the growing relationship. "Under Bush, India was being encouraged to be an Asian power," says Brahma Chellaney, professor of strategic studies at the Centre for Policy Research, a New Delhi...

Author: /time Magazine | Title: Ties That Bind | 12/7/2009 | See Source »

...promote peace, stability and development in that region." In New Delhi, this was read as a sign of U.S. acceptance of China viewing South Asia - India's neighborhood - as part of its own sphere of influence. Chellaney sees the statement as a "return to a kind of Cold War thinking where two great powers can dictate terms to a lesser one." China's long-standing border disputes with India and its building up of the Pakistani military make many in New Delhi reluctant to welcome Beijing as a benign presence...

Author: /time Magazine | Title: Ties That Bind | 12/7/2009 | See Source »

...spring of 2003, more than a million people marched through the streets of cities across Europe and the U.S. to rail against U.S. plans to invade Iraq and oust Saddam Hussein. Amid the chants for peace was an angry accusation: the war was merely a grab by Western companies for Iraq's vast oil reserves...

Author: /time Magazine | Title: Pump It Up: The Development of Iraq's Oil Reserves | 12/7/2009 | See Source »

...Nearly seven years on - and after more than 4,600 Americans and tens of thousands of Iraqis have been killed - Iraq's natural resources are only now emerging as spoils of war. As U.S. troops prepare to withdraw from the country next year, some of the world's biggest energy companies, among them ExxonMobil and Royal Dutch Shell, are racing to lock up multibillion-dollar deals with officials in Baghdad that will allow them to exploit the country's giant oil fields. The deals will not only allow Big Oil to return to Iraq for the first time since Saddam...

Author: /time Magazine | Title: Pump It Up: The Development of Iraq's Oil Reserves | 12/7/2009 | See Source »

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