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...experts differ on how high oil prices would have to go to wipe out the full value of the credit, but most agree that if oil were to remain at recent peak levels, or climb even higher, few synfuel operators could claim the full credit. Citing that uncertainty, the Marriott Corp., which has invested in four synfuel plants, temporarily suspended production in January. Before the shutdown, Marriott had racked up $370 million in synfuel profits...

Author: /time Magazine | Title: A Magic Way to Make Billions | 2/26/2006 | See Source »

...father, Martin Luther King Sr., himself a renowned Baptist preacher, had come out a few weeks before for Vice President Nixon, mainly on religious grounds. But this episode was enough too convince him that he could vote for a Catholic candidate after all. "Because this man was willing to wipe the tears from my daughter (in-law's) eyes" he said, "I've got a suitcase of votes, and I'm going to take them to Mr. Kennedy and dump them...

Author: /time Magazine | Title: The Presidents and Mrs. King | 2/7/2006 | See Source »

...worst-case scenario for such catastrophic events as the melting of the Greenland ice cap, or, worse yet, the West Antarctic ice sheet. The latter event could raise sea levels a whopping 5 meters, or about 16 ft., which could drown huge swaths of low-lying coastland and essentially wipe out countries like Bangladesh and the Maldives. Modest temperature increases could also shut off key ocean currents, like the Gulf Stream, plunging Europe into a mini...

Author: /time Magazine | Title: What Scared Tony Blair About Global Warming? | 1/31/2006 | See Source »

...other radical Islamist competitor for the mantle of U.S. Public Enemy No. 1 has lately been Iran's President Mahmoud Ahmadinejad, who has garnered attention for his bristling hostility to the U.S. and his threat to wipe out Israel, all in the context of his defiance of the West over Iran's nuclear program. The attention paid to Zarqawi and Ahmadinejad has moved Bin Laden to the margins of Western news coverage, but his strategy for building al-Qaeda, as the single umbrella organization of global jihad, with himself as its "Sheikh," has been premised on his being recognized among...

Author: /time Magazine | Title: Bin Laden Reclaims Top Billing | 1/19/2006 | See Source »

...wall, Ahmedinajad resorted to the tactic favored by cornered politicians everywhere: distract attention from yourself by pointing to a bogeyman. In Iran (and other Middle Eastern countries) the most convenient Bad Guys are (a) Israel and (b) the West. Hence Ahmedinajad's much-publicized remarks about wanting to wipe Israel off the map. But by all accounts that was not enough to draw off his domestic rivals...

Author: /time Magazine | Title: Why Iran Won't Back Down | 1/14/2006 | See Source »

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