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...much money has piled into oil that there's a belief that there are too many people involved in the futures market. In fact, the opposite is true. The participants are so few that a couple of major players can, if they choose, garner absolute control, cornering the market and creating a price bubble for their own benefit. (Read "Oil Shocks: Biden, Iran and Fears of Another Price Jump...

Author: /time Magazine | Title: Why There Should Be More Oil Speculation, Not Less | 7/10/2009 | See Source »

Cyberexperts like Dale Meyerrose, who recently retired as chief information officer for the director of national intelligence, say it may be weeks before it becomes clear who was responsible for the mischief. In fact, if the attackers were smart enough, we may never be certain of their identity...

Author: /time Magazine | Title: Is North Korea Behind the Cyberattacks? | 7/10/2009 | See Source »

...discovery of dozens of Uighurs at guerrilla camps in Afghanistan after the U.S. invasion of 2001 highlighted the fact that some have, in recent years, been lured by a more fundamentalist form of Islam. Many analysts believe this development has been a reaction to the strict controls imposed by the communist authorities who have restricted religious freedoms: The numbers of Uighurs permitted to make the Hajj pilgrimage to Mecca has been limited; Uighur government employees are forbidden from fasting during the Muslim holy month of Ramadan; the political authorities appoint the Imams at every mosque, and often dictate the sermons...

Author: /time Magazine | Title: The Uighurs | 7/9/2009 | See Source »

...however, the country can take pride in the fact that its democracy is coming of age during a time of significant geopolitical turmoil, particularly in the Islamic world. "The election wasn't that exciting," says one Indonesian businessman. "But they were peaceful and legitimate. What more could you ask for?" Indeed, with the President winning in all but three provinces, it looks like most of the country is ready to follow him in a bold, new direction...

Author: /time Magazine | Title: What Indonesia's President Needs to Do | 7/9/2009 | See Source »

...Chinalco deal died mainly for economic reasons, but that didn't mean the Chinese were happy about it. In fact, an investment banker close to the proposed deal says "they were furious - not just the company, but the government." The banker notes that Chinalco CEO Xiong Weiping was in Australia offering to amend the terms of the deal in order to salvage it just before Rio demurred...

Author: /time Magazine | Title: Aussie Mining Exec Arrested for Spying in China | 7/9/2009 | See Source »

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