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...sentimental attachment won't fix the problems the country faces today. A feeble pound should eventually give Britain's depressed exporters a boost, but that might not happen until 2010. Because the downturn is global, most manufacturers expect export orders to fall further in the coming months, according to the British employers' organization, the CBI. In the meantime, British holidaymakers used to vacationing in France or Spain are making plans for breaks closer to home. Outside the Bank of England, which moved to its present central London site in 1734, one oil-industry worker with a fondness for European travel...

Author: /time Magazine | Title: The Proud Pound's Fall from Grace | 1/27/2009 | See Source »

...film's title - and "Poverty for Sale." Two days earlier, a slum leader in the central Indian city of Patna took the Indian cast and crew of the film to court for allegedly offending slum dwellers by the pejorative in the title. He said he didn't expect any better of the British people associated with the film, because their ancestors called Indians "dogs" anyway, but that the Indians should have known better...

Author: /time Magazine | Title: Slumdog Millionaire, an Oscar Favorite, Is No Hit in India | 1/26/2009 | See Source »

...court, arguing that allowing the state to go forward on its own would create a patchwork of regulations that would burden an already struggling industry. But in the past, the Federal Government has often followed California's lead, meaning the feared patchwork could soon become the national standard. Greens expect the Obama Administration to push the country in that direction. (As a Senator, Obama called for fuel economy to rise to 40 m.p.g.) Although automakers say the cost of building more efficient cars will be passed on to consumers, California's Air Resources Board has found that, as gas bills...

Author: /time Magazine | Title: Obama's Move on Fuel Efficiency: A Clean Win for Greens | 1/26/2009 | See Source »

...When a film is directed by a Frenchman (Patrick Tatopoulos) who's spent most of his career designing ugly creatures for movies like this and written by a stuntman (Danny McBride), you can expect it to be heavier on the action scenes than on character elucidation. The Brit cast attempts to camouflage the silliness by swanning it up, as if the Royal Shakespeare Company had gotten communally drunk and staged an impromptu production of Dracula Meets the Wolfman. Sheen tries bravely to keep a straight face, especially during his love scenes with Mitra, a TV grad (Party of Five, Gideon...

Author: /time Magazine | Title: Underworld 3: Me No Lycan | 1/23/2009 | See Source »

...Congress Reduce Abortion Now." The shifting ground in the abortion debates means he has more allies willing to work with him on abortion-reduction strategies such as efforts to expand access to contraceptives and provide economic supports for pregnant women. But it also means he has more supporters who expect their pro-life views to be heard. They'll have to decide if what they saw today was a mixed message - or a step toward common ground...

Author: /time Magazine | Title: Shhh. Obama Repeals the Abortion Gag Rule, Very Quietly | 1/23/2009 | See Source »

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