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...hostage for 444 days, the embassy, which since then has been used as a high school for children of the Revolutionary Guards, was opened to the public for the first time. Iran is also commemorating the anniversary with an exhibit dedicated to "America's crimes around the world"--featuring crude and macabre displays, from devil-horned effigies of Uncle Sam to a Statue of Liberty with a live dove behind bars in its stomach. It would seem Iran is still as furiously anti-U.S. as it was in 1979. Such propaganda hardly fits with recent signals of improved cooperation...

Author: /time Magazine | Title: Tehran Sends Mixed Messages | 11/12/2001 | See Source »

...Europe, public support starts to waver as the massive technological superiority of U.S. forces seems deftly undermined by the crude power of video images. British Foreign Secretary Jack Straw complains about the voracious impatience of a 24-hour media cycle out of sync with military reality. "The press," he says, "have almost no humility and no memory...

Author: /time Magazine | Title: Outfoxed in the Information War | 11/12/2001 | See Source »

...office smashes and critics’ choices, with a plethora of acclaimed short films like Geri’s Game adding to its extraordinary success. Just try to show me another movie studio with that kind of record. Its unique concoctions of sweetness without gross sentimentality, humor without crude vulgarity and irony without acerbic sarcasm, make movies like Monsters, Inc. the stuff that all movies, not just animated ones, should be made of. To generate computer-animated characters that are more well developed than many live-action film roles is no mean feat. Even “supporting?...

Author: By Tiffany I. Hsieh, CONTRIBUTING WRITER | Title: The (Un)usual Suspects | 11/2/2001 | See Source »

Following a brief spike in the oil markets after Sept. 11, the benchmark price of Brent crude has slipped from around $29 per bbl. to between $21 and $23. Cambridge Energy Research Associates, a leading source of industry analysis, is forecasting a fourth-quarter average price of $23.75. The reason is simple. Even before Sept. 11, the global economy was entering a recession. That recession is now likely to be deeper, though not necessarily longer, as nervous consumers and business executives put off discretionary spending. The impact of a global downturn on the demand for energy "is the dominant factor...

Author: /time Magazine | Title: Global Agenda: Don't Worry About Oil | 10/29/2001 | See Source »

Still, as the war against terrorism continues into the winter, you can count on reading plenty of commentary on the importance of oil security to the American economy. Granted, nobody is likely to justify military action by the need to preserve access to Middle East crude, a common refrain at the time of the Gulf War 10 years ago. There's a pile of rubble in New York City that provides more eloquent justification for armed force. But since Osama bin Laden has referred to the Saudi oilfields as "a large economic power essential for the soon-to-be-established...

Author: /time Magazine | Title: Global Agenda: Don't Worry About Oil | 10/29/2001 | See Source »

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