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...impact the banking sector's problems and the cascading margin calls on stock-market investors will have on the Russian economy as a whole. In such volatile times, it's particularly hazardous to make any predictions. But Russia experts say that, for the moment at least, they don't expect the troubles to blow up into a huge national economic crisis like the one of a decade ago, when the ruble collapsed and the economy contracted sharply. If anything, there will be a welcome cooling off in the economy, which has been hit by rising inflation...

Author: /time Magazine | Title: Red Tide at the Casino | 9/25/2008 | See Source »

...pictures bulge with so many ideas, they're hard to contain. Sometimes he holds them together through sheer nerve, as in the loopy racial satire Bamboozled; in other films, like Do the Right Thing, the story eventually explodes in the moviegoer's face. All the audience can expect is to be lectured, hassled and entertained...

Author: /time Magazine | Title: Spike Lee Goes to War with Miracle at St. Anna | 9/25/2008 | See Source »

...Here was Obama: "It is wholly unreasonable to expect that American taxpayers would or should hand this Administration or any Administration a $700 billion blank check with absolutely no oversight or conditions when a lack of oversight in Washington and on Wall Street is exactly what got us into this mess...

Author: /time Magazine | Title: Who Can Lead Us Out of This Mess? | 9/25/2008 | See Source »

...clear, says Li Jing, a retired Chinese Academy of Science astronomer. "Chinese people of my age have a lot of feeling towards former President Kennedy. Why? Because the Apollo project catapulted the U.S. into a scientific leader," he says. Like America during the last space race, China could expect a space program would lead to job creation in high-tech fields, dual use technology that can have military applications and heightening interest among students in math and science fields. "The Chinese have read the Apollo playbook," says Johnson-Freese. "They understand everything the U.S. got from lunar program...

Author: /time Magazine | Title: China's New Venture in Space | 9/24/2008 | See Source »

...downside, don't expect the Dream to be anywhere near as slick and shiny as the iPhone. T-Mobile may be much loved among teens for its colorful, flip-screen Sidekick, but the HTC Dream will likely have a more staid look that lacks the iPhone's panache. Plus, no one can turn on the hype machine quite as well as Steve Jobs. But whatever the Dream may lack in flair, it's no less of a breakthrough when it comes to giving mobile-phone buyers more ways to connect...

Author: /time Magazine | Title: Android: Google's Dream, Apple's Nightmare? | 9/22/2008 | See Source »

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