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...Pringles? That's the gambler's fun of the movie business. Roll the dice once and you get a Paranormal Activity ($15,000 budget, $150 million worldwide gross). And if you've really got the nerve, follow the example of Roland Emmerich, the master of cheesy disaster movies (Independence Day, The Day After Tomorrow). He offered studios a take-it-or-leave-it deal on his world-ending 2012. Some turned it down; Sony bought it, on Emmerich's terms. In less than two months the picture has earned nearly $750 million worldwide, and Emmerich stands to pocket $100 million...

Author: /time Magazine | Title: Box Office 2009: A Very Good Year | 1/4/2010 | See Source »

...Israel and the Palestinians: On his first day in office, Obama announced that he would prioritize an "aggressive" push for a two-state peace between Israel and the Palestinians. To jump-start talks, Obama demanded that Israel halt all settlement construction on territory conquered in 1967 and pressed Arab states for more gestures toward normalizing ties with Israel. He had no luck on either front. Indeed, the gulf between Israel's right-wing government and the enfeebled Palestinian leadership of President Mahmoud Abbas is growing ever wider. Abbas has been eclipsed by the more radical Hamas movement, and his failure...

Author: /time Magazine | Title: Why Obama Defaulted to Bush Foreign Policy Positions | 1/4/2010 | See Source »

...Qaeda: The attempted Christmas Day terrorist attack on an airliner landing in Detroit was a reminder that al-Qaeda is still with us - albeit in radically depleted form. While the war launched in Afghanistan in response to its first attack on U.S. soil remains a tough challenge, the terrorist network has been left on the defensive by years of intelligence and police work that have systematically rolled up or killed many of its key leaders. (Unfortunately, the wars in Afghanistan and Iraq have provided plenty of willing recruits for what remains of the organization.) Obama has tried to transform relations...

Author: /time Magazine | Title: Why Obama Defaulted to Bush Foreign Policy Positions | 1/4/2010 | See Source »

...survival. The theocracy has signaled over the past week that it will exercise extraordinary military and judicial powers against opposition leaders, dissidents, street protesters and even sympathizers to end the growing turmoil. The regime's most urgent goal is to prevent opposition activists from turning next month's 11-day celebration marking the Shah's ouster in 1979 into a counterrevolution against his successors...

Author: /time Magazine | Title: Iran's Regime and Opposition Brace for the Next Round | 1/4/2010 | See Source »

...leading up to the game focused on the showdown between Crimson co-captain Jeremy Lin and the Redhawks’ Charles Garcia—two do-it-all stars making headlines on opposite coasts. But as the game unfolded, efforts from Lin’s supporting cast carried the day...

Author: By Christina C. Mcclintock, CRIMSON STAFF WRITER | Title: Harvard Sets Non-Conference Wins Record in Easy Victory | 1/3/2010 | See Source »

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