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...well below $40, OPEC knew that its members would not be able to support their own economies which, in many cases rely almost entirely on income from crude sales. Russia, which is not a member of the cartel, is facing similar trouble, so the incentive to move oil back toward $70 gets greater as each day passes. (See pictures...

Author: /time Magazine | Title: OPEC Ready to Take Crude Prices to The Mat | 1/29/2009 | See Source »

...Doug drew a line in the sand," says Alan Trounson, president of the California Institute of Regenerative Medicine, the organization charged with dispensing state money for embryonic-stem-cell research. "He turned the tables on an Administration that was incredibly negative toward stem cells and showed [it] we are not going to tolerate being put out of this field by ideological views that we don't think are correct." Melton's motivation was, again, both professional and intensely personal. Two months after Bush announced his ban, Melton's daughter Emma, then 14, also received a diagnosis of Type 1 diabetes...

Author: /time Magazine | Title: Stem-Cell Research: The Quest Resumes | 1/29/2009 | See Source »

...would sit down with Ahmadinejad, Chavez, and Raul Castro without precondition.” Senator Obama emerged from this debate—and the entire campaign—victorious. But aside from the immediate political ramifications, McCain’s remark succeeded in making one thing clear: American policy toward Cuba is woefully out of date. In the transformative spirit of the 2008 election, President Obama should significantly revise our relationship with the reclusive island by lifting the embargo and re-establishing diplomatic relations...

Author: By Jeffrey J. Phaneuf | Title: A More Perfect Neighborhood | 1/28/2009 | See Source »

...United States has not budged on the Cuban embargo for several complex reasons. First, many Cuban refugees in the United States directly oppose any open gestures of amity toward their former oppressors. Second, many United States companies who possessed property in Cuba before the government seized and nationalized it during the early ’60s still stand strong in lobbying against an end to the embargo. While both of these admittedly powerful constituencies have legitimate grievances against the brutal Communist regime, the Cuban government has not and will not become more accommodating to their interests on a mere whim...

Author: By Jeffrey J. Phaneuf | Title: A More Perfect Neighborhood | 1/28/2009 | See Source »

...particularly in the Middle East region.” Over the first few days of its tenure in office, the Obama Administration has made it a public priority to right the wrongs of the Bush years and restore competent diplomacy to its prominent role in American foreign policy. Toward that end, the United States should take a major step forward by establishing diplomatic relations with the Islamic Republic of Iran...

Author: By Matthew H. Ghazarian | Title: It’s Diplomacy, Stupid! | 1/28/2009 | See Source »

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