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...Mood for Love (2000) have won in recent years. But, in fact, what was once one of the world's busiest film industries has been in financial and creative decline for some time. With just 50 homegrown movies hitting the city's cinemas, last year's output was a dismal shadow of the annual 200-plus figures of the early 1990s and a deeply worrying development for an industry whose output has been enjoyed by millions and inspired directors from Quentin Tarantino to Martin Scorsese...

Author: /time Magazine | Title: The China Syndrome | 7/31/2008 | See Source »

...Debates about budget policy have rested in this comfortable if unedifying rut for too long. In fact, the most striking thing about McCain's plan was how closely it mimicked the dismal debates of over 20 years ago, when Congress passed massive tax cuts and then pasted on Band-Aids like Gramm-Rudman-Hollings legislation to compel reductions in spending that never materialized. The mildewy whiff of McCain's economic policies intensified three days after the budget speech, when Phil Gramm himself appeared, in his capacity as McCain's economic guru, and pronounced that the country was in the midst...

Author: /time Magazine | Title: The Recession Election | 7/31/2008 | See Source »

...Barack Obama headed home from his triumphal weeklong tour of the Middle East and Europe, the biggest question is how much of the love he got overseas is going to rub off at home. Certainly, the polls are not showing it. Despite a dismal week in which John McCain struggled to be heard through the saturation coverage of Obama's trip, the Republican nominee actually seemed to be getting stronger in some key battleground states...

Author: /time Magazine | Title: Obama: How to Look Presidential | 7/26/2008 | See Source »

...Congress Party trade away to save the nuclear accord - and its political skin? The party has been positioning itself as willing to take a principled stand on important national issues. But that image-polishing may have been undermined by the swirl of allegations of backroom dealing and the dismal spectacle surrounding the confidence vote. Singh's coalition government may be secure for now, but the Congress Party will face another test next year in parliamentary elections. Politicians can only hope India's long-suffering voters are willing to turn a blind eye to the messy foibles of their elected representatives...

Author: /time Magazine | Title: Winning Ugly | 7/24/2008 | See Source »

...Karadzic was an unlikely character to play on the historical stage. A peasant's son who never felt fully at ease in Sarajevo, he was an unsuccessful psychiatrist and a dismal poet. He made his feelings about the city clear, first in verse when he wrote a stanza that read "Let's go down to the cities to kill the scumbags," and later when he decamped to the hills around Sarajevo to oversee the shelling of its civilians. In one typically pompous display, he unveiled to a room of sycophants a Styrofoam mock-up of a "New Sarajevo" that...

Author: /time Magazine | Title: Karadzic's Arrest Comes Too Late | 7/22/2008 | See Source »

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