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Action-movie battles rarely end in a tie. Luke Skywalker and Darth Vader didn't go fiercely at it, putting their lives and the fate of the Empire on the line, then stop their epochal fight and say, "Eh, let's go for a beer." But the Independence Day weekend smackdown between last week's champ, Transformers: Revenge of the Fallen, and the cartoon contender Ice Age: Dawn of the Dinosaurs ended in a tie, with each film earning $42.5 million at the North American box office - if you believe the official numbers. (Check out TIME's Transformers review...

Author: /time Magazine | Title: Ice Age vs. Transformers: It's a Draw! | 7/5/2009 | See Source »

...Transformers 2 and Ice Age 3 "end" in a tie? Because after looking at the Friday and Saturday results, Fox execs predicted that Ice Age would earn $14,075,000, a 25% increase over yesterday, while the mentalists over at DreamWorks/Paramount said the Transformers 2 take would rise nearly 30%, to $13,872,000. That oddly precise number guaranteed that both movies would get on the evening news. Skeptics are forgiven for wondering whether the system for determining weekend grosses is numbers-crunching or a numbers racket...

Author: /time Magazine | Title: Ice Age vs. Transformers: It's a Draw! | 7/5/2009 | See Source »

...negatively affecting our sales," says Oleg Korotkov, director of Semyonovskaya Painting, a top Russian handicraft maker. Korotkov's company, which is based in the Nizhny Novgorod region of central Russia, seemed to be weathering the storm until the financial crisis finally struck him and his 70 employees around the end of January. Orders from within Russia have fallen fivefold, he says, while combined foreign and domestic sales have fallen 30% to 40% this year. "Our sales were supported through the end of the year just on inertia," he says, adding that he doesn't believe that the government's attempt...

Author: /time Magazine | Title: Trying Times for Russia's Nesting Dolls | 7/5/2009 | See Source »

Before it began, United Nations officials had described U.N. Secretary-General Ban Ki-moon's visit to Burma as a diplomatically risky mission that could end in failure. After it ended, following two days in Burma and two rare and lengthy meetings with General Than Shwe, the reclusive leader of the country's military government, Ban had come away with nothing concrete to show for his venture. His requests to meet imprisoned Nobel Peace Prize winner Aung San Suu Kyi were rejected. His pleas for the government to release its 2,000-plus political prisoners were ignored. "I believe...

Author: /time Magazine | Title: Ban Ki-Moon Leaves Burma Disappointed | 7/5/2009 | See Source »

...going to create collateral damage," explains McChrystal. "He's going to blame that on you. Even if you kill the insurgents, what happens is you have made the insurgency wider. You are going to run into more IEDs. You are going to run into more insurgents, [and] at the end of the day, you are going to suffer more casualties...

Author: /time Magazine | Title: Why Obama's Afghan War Is Different | 7/5/2009 | See Source »

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