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...were different from anybody else in town, you had to get out." In one sense, Davies escaped his youth; in another, he keeps returning. And his imaginative understanding of it hits the viewer, even one who's never visited or cared about Liverpool, with the shock of recognition. Among the many snatches of poetry and pop songs in the film are these lines from T.S. Eliot's Little Gidding: "We shall not cease from exploration, and the end of all our exploring will be to arrive where we started and know the place for the first time." Through his artistry...

Author: /time Magazine | Title: Of Time and the City: Terence Davies' Liverpool Memories | 5/12/2009 | See Source »

...Wall Street Journal has raised the issue of whether the Chinese consumer can replace the U.S. consumer as the most important engine of the global economy. The answer is "not yet", but if consumer spending keeps dropping in America and the appetite for consumer goods among the Chinese middle class keep growing, that picture could change...

Author: /time Magazine | Title: The Argument Over China's Economic Prospects Intensifies | 5/12/2009 | See Source »

...mood among those already listed on AIM has soured, too. For the first time in its 14-year history, more companies left the exchange than listed on it last year. The reasons aren't hard to come by. In a survey of the businesses delisting in the year to April by law firm Trowers & Hamlins and accountants UHY Hacker Young, financial pressures or insolvency, as well as the cost of maintaining an AIM listing - paying for non-exec directors and other services can add up to $300,000 a year - accounted for a large chunk of those leaving. Others...

Author: /time Magazine | Title: London's Small-Stock-Market Blues | 5/12/2009 | See Source »

With only about a month left until Iran's presidential elections, as well as a generally positive mood among Iranians for better relations with the administration of President Obama, it appears that Saberi's case had become too much of a liability for Iran. Certainly, her release is an immense relief for her family and friends, but ironically, it also appears to be a relief for the Islamic Republic...

Author: /time Magazine | Title: Roxana Saberi: Out of Iranian Prison, Into a Soap Opera | 5/11/2009 | See Source »

Sexual assault cases in the military have risen significantly in recent years as well. A Pentagon report released earlier this year said 165 cases of sexual assault were reported among troops serving in Afghanistan and Iraq in 2008, up 26% from the year before. The overall incident rate was up 8% among U.S. service members serving worldwide, with 2,923 cases of sexual assault reported. U.S. military officials have stressed that some of the rise in the figures may be attributable to an increase in the reporting of incidents but acknowledged that the trend was troubling in any case...

Author: /time Magazine | Title: Why Did a U.S. Soldier Kill His Fellow Troops in Iraq? | 5/11/2009 | See Source »

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