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...must aspire to claim world leadership in the realm of energy," Putin told his Security Council last December. For the Kremlin, energy security equals Russian national security, and it won't shy away from making oil and gas significant tools of its foreign policy. The clearest sign came last winter, when the state-controlled gas behemoth Gazprom shut off supplies to Ukraine for several days, in what the Russians described as a price dispute but Ukraine and many others took to be a crude political move to punish Kiev for embracing Western institutions such as nato. More recently, Russian government...

Author: /time Magazine | Title: Crude Power | 7/2/2006 | See Source »

...sports field. Streetwise designer Alexander McQueen teamed up with Puma earlier this year to launch a modish range of running shoes. French couturier Celine was "enticed by the world of golf" and designed its summer 2006 collection accordingly (think natty culottes, visors and white leather gloves). And this winter McCartney, already onto her fourth workout range with Adidas, will follow Ralph Lauren, Celine and Chanel onto the ski slopes. Chanel's equipment line, which includes branded skis and ski poles, is popular too; this season's tennis rackets sold out, according to Josiane El-Kabbany, the company's U.K. fashion...

Author: /time Magazine | Title: Prêt à Sporter | 7/2/2006 | See Source »

...jitters. He plays a diamond smuggler in The Blood Diamond, a Sierra Leone--set drama that depicts how gem sales funded African civil wars in the '90s. De Beers says it will spend $15 million to counter publicity its execs believe will hurt sales around the film's winter release. In other words, they're finally spending their profits from J. Lo's engagement rings...

Author: /time Magazine | Title: People: Jul. 10, 2006 | 7/2/2006 | See Source »

...PETERSBURG: Russia's cultural capital is arguably at its most romantic in the fall months of September and October, or in winter, which lasts until early March. The turning of the leaves carpets the city in red and gold; the first drifts of snow evoke a scene straight out of Dr. Zhivago, complete with horse-drawn sleighs, ice skaters and illuminated spires. Arrive at yuletide and you get two Christmas celebrations?Dec. 25 and the Russian Orthodox version on Jan. 7. You can also congratulate yourself on having missed the excruciating queues, of a couple of hours or more, that...

Author: /time Magazine | Title: Off-Peak, On Budget | 7/2/2006 | See Source »

...Still others aboard the gathered whaleships speculated that that the approaching steamer might be the Confederate raider that had, amid great controversy, stopped in Melbourne the previous winter. Over the past four years of war, the Confederates had dispatched at least twelve such cruisers into the world's oceans, charging them with destroying private, unarmed Union merchant, fishing, and whaling vessels. But the war was over. Weeks ago these sailors, when variously docked in San Francisco, Honolulu and other ports, had read in newspapers that the war between the North and the South had ended nearly three months earlier...

Author: /time Magazine | Title: The Odyssey of the Shenandoah | 6/26/2006 | See Source »

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