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...Maybe so, but that didn't prevent the key industry players from pointing fingers at each other. At Monday's opening plenary, British Petroleum CEO Tony Hayward called the suggestion that speculation was behind the doubling of crude prices in the past year a "myth," and instead blamed geopolitics, a decline in Russian production and increased demand for the crunch. "Supply is not responding adequately to rising demand," he said. "The problem is above ground, not below it." ExxonMobil CEO Rex Tillerson echoed the last part of Hayward's equation: "Look, it's hard for us to fully understand what...
...lack of cooperation within the region has been a key impediment to more investment in North Africa, notes Carlo Altomonte, a professor of international economic policy at Milan's Bocconi University. "One of the main reasons of the trading success in Eastern Europe is that they integrated among themselves," he says. "If you invest in Tunisia, you get stuck in Tunisia. The North Africans are painfully slow to trust each other...
...monolithic Catholic bloc, they have long been a kind of holy grail for presidential candidates. The winner of eight out of the past nine elections has captured a majority of Catholic votes (they voted for Al Gore in 2000), and there are large Catholic concentrations in key states like Florida, Ohio and New Mexico...
...political winner, however, is Uribe, Washington's key ally in Latin America, whose campaign against the FARC has made him perhaps the most popular President in the nation's history. The FARC was once respected by many Colombians for fighting the nation's epic inequality, but today it is viewed by most as a mafia. Betancourt's mother, Yolanda Pulecio, told TIME earlier this year that she feared Uribe's bellicose policy would mean interminable captivity for Betancourt, who looked emaciated and alarmingly despondent in her most recent photographs. "I'm killing myself every day," she said, "wondering why dialogue...
...that's true, why do so many political leaders continue to warn about the threat - or even the likelihood - of another major terrorist attack? Why did the U.S. National Intelligence Estimate say al-Qaeda "has protected or regenerated key elements of homeland attack capability"? Why would the head of Britain's domestic intelligence service, MI5, say there were 2,000 citizens and other U.K. residents who posed a serious threat to security, a number of whom took direction from al-Qaeda? The struggle against al‑Qaeda - and, to a lesser extent, the quest to capture bin Laden - has dominated...