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...rich north. A small government committee met in Baghdad over several weeks late last year to thrash out whether the Kurds' regional government could cut its own oil deals with foreign companies without Baghdad interfering. Kurdish officials have argued their case for months. The proposed law offers a tortuous compromise. A new Federal Council of Oil & Gas will have 60 days to object to any oil deal the Kurds make, and only then with the agreement of two-thirds of the council's members - which will include a Kurdish official. Disputes would also be taken to a new group...

Author: /time Magazine | Title: A New Oil Plan for Iraq | 1/11/2007 | See Source »

...Sherwood's case, the course was particularly tortuous. There were empty tables at the fund-raising lunch at Keystone College in La Plume, Pa. The audience response was appropriately tepid when the Congressman was introduced with his wife, who had previously refused to appear with him and now seemed to be keeping a safe distance. Sherwood, you may recall, was the fellow whose affair with a young Peruvian immigrant exploded when she locked herself in the bathroom of his Capitol Hill townhouse, called 911 and claimed the Congressman was trying to choke her. The Congressman, who said he was only...

Author: /time Magazine | Title: If You Break it, You Pay For It, Mr. President | 10/22/2006 | See Source »

...After 14 tortuous years of tabloid-fueling wedlock, featuring jail time for him, rehab stints for her and flagging music careers and sweaty TV appearances for both, WHITNEY HOUSTON is finally filing for divorce from BOBBY BROWN. For evidence of irreconcilable differences, a judge need only watch Being Bobby Brown, the 2005 Bravo reality show in which the pop singer and the former New Edition member allowed viewers to see their incessant bickering and odd bathroom habits. Houston, who is working on a new album with Clive Davis, is seeking custody of their daughter Bobbi Kristina, 13. Division...

Author: /time Magazine | Title: People: Sep. 25, 2006 | 9/17/2006 | See Source »

...Blame Pakistan, for one thing. On Friday, India's Prime Minister Manmohan Singh linked the bombings to its neighbor, saying, "These terrorist modules are instigated, inspired and supported by elements across the border." Tortuous peace talks between the two countries now seem all the more challenging, with India already announcing that it might postpone a meeting with Pakistan that had been scheduled for this week. Singh said he warned Pakistan's leaders "that if the acts of terrorism are not controlled, it is exceedingly difficult for any government to carry forward what may be called a normalization and peace process...

Author: /time Magazine | Title: A Recurring Nightmare | 7/17/2006 | See Source »

...Global Investors, Kranefuss held out big hopes for IWM, which tracks the benchmark index of small U.S. companies known as the Russell 2000. "I thought it could come out of the gate with huge trading volume, and it didn't," he says. Indeed, the fund languished for nearly four tortuous years...

Author: /time Magazine | Title: Global Investing: Market Movers | 7/16/2006 | See Source »

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