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...grossing film of all time was creamed by the least-seen film ever to win the Academy of Motion Picture Arts and Sciences's top prize. Even the Argentine director took home one more Oscar than Cameron did on Sunday night. Hell, the hippie Swedish dude who did the sound editing and mixing for The Hurt Locker out-statuetted Cameron two to nothing. And at the end of the broadcast, co-host Steve Martin kidded, "The show is so long that Avatar now takes place in the past." Now that's just piling on. By then, Cameron was the underdog...
...early days for the new team, of course. Van Rompuy and Ashton could surprise their detractors. "We should be ambitious," Ashton told TIME in late January. But for all that ambition, Europe is no closer than it ever was to answering Henry Kissinger's famous question: "Who do I call when I want to call Europe?" So what explains the gap between Europe's stated ambition in foreign policy and its performance? And how can that gap be closed? (Read an interview with Catherine Ashton...
...American faith in the transformative power of China's economic rise might be misplaced. Capitalism with Chinese characteristics places far more power and wealth in the hands of the state sector than what has ever occurred in countries such as Japan and South Korea. Beijing is nurturing state-owned champions to dominate domestic markets and crowd out the private sector in order for the Chinese Communist Party (CCP) to keep its economic relevance, privileged status in Chinese society and hands on the country's wealth. This means the CCP does not believe sweeping economic, much less political, liberalization is required...
...finest actors of India, but not the one and only [Feb. 15]. Kamal Hasan, Paresh Rawal and Tabu are just a few other names worthy of mention. While talented stars from the Indian regional-language film industry continuously migrate to Bollywood, I doubt any of Bollywood's megastars will ever fully migrate to Hollywood. India's truly successful actors have no time to think about branching out into Hollywood - their domestic demands are just too great. Khan could because he had time to spare. Had Khan had better looks for the Indian industry or been given a break in mainstream...
...industrial equipment, has already diversified his business, inking a deal to distribute Shell lubricants in Greece and Cyprus, a move he figures will keep revenues flat and prevent them from deteriorating. He plans to beef up his portfolio further. "We will acquire businesses that we wouldn't have ever been able to consider in better times," he says. "We will come out of this a stronger company...