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...suppliers clearly cannot raise prices by controlling demand in the physical oil market; ultimately, they need to sell their oil, not buy it. However, with the market inefficiencies that we expose here, oil suppliers can regain the upper hand by artificially inflating demand using a different market. To understand this mechanism, we must take a glimpse into the future - the futures market, that...

Author: /time Magazine | Title: Are Oil Prices Rigged? | 8/22/2008 | See Source »

Newell admits that his own experiments have their limitations. Using hypothetical scenarios about fictional apartments and cars can tell researchers only so much. "People are not really engaging in these decisions," Newell says. Even so, researchers understand the pathways in which conscious decisions are made, but have no way of understanding the unconscious, so he says, "It's overly bold to recommend that as a way of making decisions...

Author: /time Magazine | Title: Gut Decisions May Not Be Smart | 8/22/2008 | See Source »

...from luxuriating in l'art pour l'art, the women "understand their responsibility as artists neutrally and farsightedly as a political duty of enlightenment," says curator Eleonora De Saavedra. So the sordid or brutal realities the painters pick as their themes are never depicted too vividly or destructively: "The language of the paintings is not one of violence or debate," explains Saavedra. "It's color, light, a trace, a document of the hand [that made it], of the soul, of the individual...

Author: /time Magazine | Title: Afghan Women Painters On Show | 8/21/2008 | See Source »

...Universal is hoping. But it is of course too early to tell whether or not Sa will break out of her rarified niche and garner mainstream appeal. She appears to approach the subject philosophically. "I don't mind people misunderstanding my music," she says. "Others really understand it." All that Buddhist chanting must be teaching her a thing or two about detachment...

Author: /time Magazine | Title: The Way of Sa | 8/21/2008 | See Source »

...America and our other allies - that is all recognized with immense appreciation by the Afghans. But the Afghan people have given a lot, too, in this war against terrorism. On a daily basis we are losing our lives, police, army, engineers, teachers, even our children. This the Afghan people understand. But they do not understand why for six years the Afghans have been saying to their allies that the war against terrorism will not be won unless and until we go to the sanctuaries, to the training grounds, to the financiers, to the motivators of hatred that come across...

Author: /time Magazine | Title: The State of Afghanistan | 8/21/2008 | See Source »

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