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...there are different kinds of leverage. In June, when Rio and BHP Billiton announced their intention to form a joint venture, a Ministry of Commerce spokesman in Beijing said the proposal had "the obvious color of monopoly." China implemented a new antitrust law last year and has already used it once to block a high-profile foreign acquisition in China - Coca-Cola's planned buyout of juicemaker Huiyuan. The fact that the proposed Rio-BHP Billiton deal doesn't involve a Chinese firm is irrelevant. China's antitrust regulators have the same right to review the plans of two global...

Author: /time Magazine | Title: China vs. Rio Tinto: The Confrontation Isn't Over | 8/14/2009 | See Source »

...Whites seem to run the country, the corporations and the media, much as they did under apartheid, but that will hardly register with international audiences conditioned to see a parade of Caucasians in action movies. What is more likely to grab viewers is the dynamic storytelling (partly in mockumentary form), the gruesome yet sympathetic aliens, the robot suit that briefly turns Wikus into Iron Man, and the surfeit of body parts exploding. Like David Cronenberg - especially in his masterpiece, The Fly - Blomkamp is fascinated by the ways our bodies morph, decay and betray us. And like Jackson's early, grotty...

Author: /time Magazine | Title: District 9: The Summer's Coolest Fantasy Film | 8/13/2009 | See Source »

...liked how you began one of the chapters by advising your readers to grab their favorite beverage and find a quiet space because your about to "twist the mind into pretzel form...

Author: /time Magazine | Title: What Came Before the Big Bang? | 8/13/2009 | See Source »

...opposition adviser who maintains close ties to the Guards leadership, at least five commanders sympathetic to the reformists were put under house arrest in the aftermath of the election. These purges within Iran's security apparatus consolidated power in the hands of the top Guards commanders, who form a united hard-liner bloc that is opposed to reconciliation with the opposition or the West. The IRGC, then, is the most effective power bloc in the country, certainly more cohesive in its top leadership than the conservative political faction, which has seen spats between the Supreme Leader, Ayatullah Ali Khamenei...

Author: /time Magazine | Title: The Revolutionary Guards: Gaining Power in Iran | 8/13/2009 | See Source »

...show recounts the art form's inexorable spread, from the New York City tenements of the 1970s to the streets of São Paolo in 2009. Pioneers like PHASE 2 and Seen, who by the 1980s were transforming New York subway cars into traveling canvases, here reproduce their works in full scale. Pieces by Jean-Michel Basquiat and Keith Haring from the same period reveal graffiti's impact on fine art. Rare films and headlines describe the deaths (spray-painting on busy subway lines is hazardous) and municipal cleanup efforts that ended graffiti's golden age, at least...

Author: /time Magazine | Title: Born in the Streets — Grafitti | 8/12/2009 | See Source »

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