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...this to Resa's tart Aunt Elinor (Mirren) or his daughter Meggie (Eliza Bennett), now a relatively well-adjusted 12-year-old despite having endured a childhood almost entirely without bedtime stories. For nine long years, Mo has been dragging the poor girl on a tour of European bookshops looking for the out-of-print Inkheart, hoping to read his wife back out. Presumably the story is set in a time before the Internet, when abebooks.com might have helped...

Author: /time Magazine | Title: The Tall, Unfocused Tales of Inkheart | 1/22/2009 | See Source »

That's no longer the case. American-style capitalism no longer looks as dominant now that Wall Street has blown up. The financial meltdown also means that for the foreseeable future, the U.S. and its European allies will have less money to offer countries they want to influence. There's a lot in Obama's history and rhetoric to suggest he'd love a Marshall Plan--style effort to fight poverty and terrorism in failing states like Pakistan and Yemen. But finding the money is going to be much harder today than it was a few years back. And putting...

Author: /time Magazine | Title: The Solvency Doctrine | 1/21/2009 | See Source »

...lacked transparency, the Senate voted 52-42 to release the remaining bailout funds. The same day, House Democrats unveiled an even larger stimulus plan that would funnel money to local governments, fund infrastructure development and provide middle-class tax cuts. Britain, meanwhile, announced a bank-bailout plan as the European Commission predicted the loss of 3.5 million jobs in the European Union...

Author: /time Magazine | Title: The World | 1/21/2009 | See Source »

...magic pill for Chrysler, which is burdened by inefficient factories that need major overhauls to allow for production of smaller, smarter automobiles, says Giuseppe Berta, a Milan-based car-industry expert. "At this point, Chrysler can say it tried to get out of a corner, that it found a European company that makes more marketable cars," says Berta. "But if you want to actually use Chrysler facilities to construct a Cinquecento or Alfa MiTo, you're talking about a major cost." (See the 50 worst cars of all time...

Author: /time Magazine | Title: Fiat to Take 35% Stake in Chrysler | 1/20/2009 | See Source »

...human-rights abuses committed by both sides in Chechnya. Budanov served part of a 10-year sentence but was paroled for good behavior and released last Thursday. At the news conference just before his death, Markelov said he might file an appeal against Budanov's early release to the European Court of Human Rights...

Author: /time Magazine | Title: Murder in Moscow: A Lawyer Gunned Down | 1/20/2009 | See Source »

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