The news couldn't be worse. Three years of recession or anemic economic growth, a megalomaniac attempting to build socialism in Venezuela, Argentina's debt default and collapse and--more recently--Bolivia's president run out of office by indigenous people fed up with his pro-business, pro-Washington agenda.
John Richardson is a ruddy Australian who has scaled Mount Everest--twice. Now the 55-year-old executive is engaged in another steep climb, this one in Washington, D.C. He's scrambling to save Iridium--a $5 billion satellite-communications system--from what could be a spectacular failure.
PROSPECTORS HAVE LONG known that there was gold in East Kalimantan province. In the rolling hills and jungle seven hours by speedboat up the muddy Mahakam River from the Indonesian mining town of Samarinda, Dayak tribesmen pan for it in the streams--when they're not hunting birds and proboscis monkeys with blowguns.