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...Despite the hardships under the Japanese, and the ensuing guerrilla war against the Dutch, the 1940s were considered a good time to be an artist. Clustered in Yogyakarta were painters eager to break with the Dutch school of painting in Indonesia, of which the preeminent exemplar was the Bali-based Rudolf Bonnet. The pastoral depictions of Indonesian village life produced by Bonnet and others were dismissed by Sudjojono as so much shallow Orientalism. "For my people, reality is the reality of rice," he wrote in 1950, arguing for a muscular realism. One of the painters who was moved by Sudjojono...

Author: /time Magazine | Title: Painter Laureate | 7/24/2008 | See Source »

Flush with profits from huge oil and gas reserves, sovereign wealth funds like Mubadala have been on quite a spree of late, particularly in the U.S. Eager to reduce Abu Dhabi's economic dependence on energy, Mubadala has bought stakes in chipmaker Advanced Micro Devices and private equity giant the Carlyle Group; another sovereign wealth fund, the Abu Dhabi Investment Authority, paid $7.5 billion to become Citigroup's largest shareholder; and this month the Abu Dhabi Investment Council offered $800 million for a 90% stake in Manhattan's iconic Chrysler Building, pictured above...

Author: /time Magazine | Title: Abu Dhabi: Rising Power | 7/23/2008 | See Source »

...keypunch operators to do the same work. American Airlines is one of a growing number of U.S. firms that are transferring white-collar work to Barbados, Jamaica and other locales abroad. Statistics on the trend are hard to come by, especially since many U.S. firms are eager to conceal the increasing extent of their foreign data-processing, engineering and computer activities. According to Harley Shaiken, a professor of information technology at the University of California at San Diego who has studied the phenomenon, such white-collar transfers amount to perhaps no more than the equivalent of 15,000 jobs right...

Author: /time Magazine | Title: HAVE DATA, WILL TRAVEL | 7/21/2008 | See Source »

...Some in Congress who are eager to preserve SALT II point to assessments suggesting that abandoning the agreement could backfire on the U.S. According to a report prepared by the CIA for the Congressional Joint Economic Committee, the Soviets would be better suited to capitalize on the scrapping of SALT II because of two basic advantages: active production lines for manufacturing ICBMs, strategic bombers and submarine-launched missiles; and the greater throw weight of Soviet missiles, which would allow them to be loaded up with many more warheads. House Armed Services Chairman Les Aspin says the Soviet production-line superiority...

Author: /time Magazine | Title: STAR WARS AT THE CROSSROADS | 7/21/2008 | See Source »

...when he relocated for security reasons to Tarnak Farms, a walled al-Qaeda compound 30 minutes outside Kandahar. According to both al-Bahri and FBI interrogator Ali Soufan, Hamdan had bin Laden's trust but was not a member of his inner circle. Both men describe Hamdan as deferential, eager to please. Their accounts differ, though, when it comes to Hamdan's level of involvement with al-Qaeda. Al-Bahri characterized him as a circumstantial participant, someone with limited options who just needed a job, while Soufan said he was undeniably part of the al-Qaeda conspiracy, pointing out that...

Author: /time Magazine | Title: Hamdan: Guantánamo's Mystery Man | 7/21/2008 | See Source »

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