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...moved out of their sunny yellow Brooklyn home. At the same time he was receiving accolades for his performance in the Bob Dylan biopic I'm Not There and had completed filming his role as the Joker (a character Nicholson immortalized) in the new Batman movie The Dark Knight, a potential blockbuster. At the news of Ledger's death, Mel Gibson said, "I had such great hope for him. He was just taking off, and to lose his life at such a young age is a tragic loss." Ledger leaves behind a career of great promise, a too small body...

Author: /time Magazine | Title: Heath Ledger: Star in Distress | 1/22/2008 | See Source »

...more likely than not," says Gabriel Stein, chief international economist at Lombard Street Research in London. The reason: markets can still only guess the scale of losses incurred by banks caught up in the collapse of the U.S. subprime mortgage market. With those banks themselves still somewhat in the dark - even after writing down tens of billions of dollars linked to those soured mortgage loans - it's gotten harder for institutions and individuals to borrow money. Even the Federal Reserve seems spooked: the U.S. central bank early Tuesday slashed a key interest rate by 0.75% to 3.5%, the biggest...

Author: /time Magazine | Title: The Fed Reacts to a Global Crisis | 1/22/2008 | See Source »

...latest cycle of conflict over Gaza casts a dark shadow over President Bush's efforts to broker a Middle East peace. Palestinian anger over the plight of Gaza forced President Mahmoud Abbas to threaten to withdraw from U.S.-sponsored peace talks with Israel. Abbas later said he'd stick it out, although Palestinian officials in Ramallah tell TIME that the Palestinian President is becoming increasingly isolated among his people, and even inside his own Fatah movement. Says Salah Bardoweel, a Hamas legislator, "This new round of attacks by Israel creates a belief that there is a security coordination between Ramallah...

Author: /time Magazine | Title: Gaza Crisis Complicates Peace Efforts | 1/22/2008 | See Source »

...Tricky's Dark and Brooding Maxinquaye album was launched into outer space on a rocket ship commanded by Björk, it might sound something like the Analog Girl. A 34-year-old Singaporean, Mei Wong has come far since she recorded her first melody on a cassette tape at age 7. Nowadays, she uses a MacBook Pro, a digital sound box, a set of toy xylophones and her voice to produce her own brand of futuristic electro-pop, and takes her low-key show - it often just involves her, a laptop and a microphone - to venues such...

Author: /time Magazine | Title: The Analog Girl | 1/18/2008 | See Source »

...mouths will be: “Thank heavens for my liberal education!” Then I imagine the sound of millions of televisions being flung at those people’s heads.But what will our liberal educations enable us to talk about during the great Analog Darkness of 2009? The current Core curriculum that occupies approximately one quarter of every Harvard undergraduate’s course-load exists because, in the words of the 2007-8 Courses of Instruction, “every Harvard graduate should be broadly educated, as well as trained in a particular academic specialty...

Author: By Alexandra A. Petri | Title: Don’t Block the Box | 1/17/2008 | See Source »

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