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...generation later, we've returned to the grim neighborhood of $100 oil, having arrived down the same path. Demand is up more than 60% worldwide since the early 1980s, as China and India lead a wave of nations roaring into modernity. Iraq is a shambles, Iran a menace. Leading oil companies in the U.S. and Europe are gloomy about their ability to open up sufficient sources of oil to meet the demand. This cauldron of uncertainty is helping push the dollar down and energy prices...

Author: /time Magazine | Title: Oil's Silver Lining | 11/8/2007 | See Source »

...state of emergency Saturday, citing growing militant attacks and interference in government policy by members of the judiciary. But far from a solution to Pakistan's problems, Musharraf's move to consolidate power has plunged the country into a deeper constitutional crisis and is likely to unleash a wave of new attacks by al-Qaeda-inspired militants, further destabilizing a key ally in the U.S.-led war on terror...

Author: /time Magazine | Title: How Musharraf's Move Could Backfire | 11/3/2007 | See Source »

...caper - but boy, tough crowd! Some of the people sipping coffee in the sunshine look miffed to have been approached. "It's a thin line," says Turnbull, "between engaging people and bothering them. I err on the side of respecting privacy." Time up, he bounds across Queen Street to wave down a bus bound for the city. "He's always catching the bus," says a staffer...

Author: /time Magazine | Title: A Feel for His Audience | 11/2/2007 | See Source »

Ever since the 1980s, when a wave of foreclosures inspired those iconic Farm Aid concerts, the media's sporadic reports from farm country have tended to focus on floods, droughts and other disasters. But the farm crisis is as over as Barbara Mandrell. Farm incomes are at an all-time high. The median farmer enjoys five times the net worth of the median nonfarmer household. Crop prices have soared--thanks largely to the Federal Government's promotion of corn ethanol over more efficient renewable energies--and yet subsidies have as well...

Author: /time Magazine | Title: Why Our Farm Policy Is Failing | 11/2/2007 | See Source »

...Wong was able to control his habit with the help of family. But one reason the region may be ill-prepared for a wave of new addicts is Asians' reticence and shame when it comes to getting mental-health treatment. "In the Chinese community, we don't have a help-seeking culture," says Ong. "Professional counseling and psychotherapy still bear a negative image." And even those who recognize they need help may have difficulty finding it; there are few gambling-treatment programs like Gamblers Anonymous in the region and little public funding is available to form new ones. In Macau...

Author: /time Magazine | Title: High Stakes | 11/1/2007 | See Source »

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