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...Asia matters for America. China is the third biggest consumer of American goods, after Canada and Mexico. The No. 4 spot belongs to the Association of Southeast Asian Nations (ASEAN), the 10-nation bloc that was founded, with American prodding, as a bulwark against communism in the 1960s. China's economic resilience (8.7% GDP growth in 2009) helped the U.S. and other developed nations avoid even worse pain from the global financial crisis. The only other major economies that posted decent growth in an otherwise dismal year? India and Indonesia. Asia, in other words, thinks it is shoring...

Author: /time Magazine | Title: Why Obama is Disappointing Asia — Even in Indonesia | 3/29/2010 | See Source »

...Indonesia Matters Indonesia deserves just that. Obama's trip is crucial for introducing Americans to a country that may not evoke much beyond earthquakes and tsunamis but is nevertheless key to U.S. interests. A 17,000-island archipelago, Indonesia boasts the world's biggest Muslim population. It is also the world's third largest democracy (after India and the U.S.), proving that Islam need not be the enemy of political freedom. Back when Obama lived in Jakarta, where his American mother was an anthropologist and aid worker, Indonesia was ruled by a dictator and mired in poverty. Today...

Author: /time Magazine | Title: Why Obama is Disappointing Asia — Even in Indonesia | 3/29/2010 | See Source »

...money is. DreamWorks wouldn't mind if Dragon ended up near Alice, which is closing in on $300 million in domestic gross (and another $350 million abroad), and just behind Avatar, which finally fell out of the top 10 after 14 weeks, as one of 2010's three biggest winners - all in 3-D. (See the top 10 movie performances...

Author: /time Magazine | Title: Box-Office Weekend: A Tale of Two Dragons | 3/28/2010 | See Source »

...left-wing commentator's show was canceled after Prime Minister Silvio Berlusconi accused him and two other presenters of making "criminal use" of RAI, the biggest public television network in Italy. Santoro waged a long court battle against the broadcaster and prevailed, going back on the air in 2006. Earlier this month, however, RAI suspended all of its political talk programming until regional elections are held on March 28, citing a need to maintain its political balance. This time, Santoro decided that his show, Annozero, would go on. He filmed a live version of his program Thursday that was streamed...

Author: /time Magazine | Title: New Media Shaking Up Italy's Media Landscape | 3/27/2010 | See Source »

...political parties or industrial concerns, resulting in a press that seems less written for the general public than for politicians and other insiders. But most striking is Berlusconi's domination of the airwaves. In a country where 80% of people get their news from television, he owns the three biggest commercial stations and maintains influence over the three public channels (RAI among them), whose governing boards are appointed by the state. Last week, Italian newspapers published transcripts of wiretaps in which Berlusconi could apparently be heard berating Giancarlo Innocenzi, the head of the independent broadcast regulator, to shut down Annozero...

Author: /time Magazine | Title: New Media Shaking Up Italy's Media Landscape | 3/27/2010 | See Source »

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