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...Indeed, those looking eastward for a white knight must have been disappointed by the words of Yi Gang , deputy governor at the People's Bank of China, the country's central bank. Speaking at the International Monetary Fund meeting in Washington on Oct. 11, Yi blamed the crisis on "weak financial-policy discipline" by Western countries and said that they should be the ones to fix the problems they had created. "The major reserve-currency-issuing countries should shoulder the responsibility for preventing further spillovers and minimizing shocks to other countries," Yi said...

Author: /time Magazine | Title: Can Chinese Cash Save the World's Banks? | 10/13/2008 | See Source »

Each of the volume's seven chapters hammers on a theme, be it people, learning from mistakes or social responsibility (Branson code for saving the world). Important, even noble, topics. But thanks to Peter Drucker, Jim Collins and that gang, you should already know what Branson will pitch: Hire smart men and women. Deliver what you promise. Creative destruction is the soul food of any enterprise. Give back to the community...

Author: /time Magazine | Title: Business Books | 10/9/2008 | See Source »

...Ritchie loves characters who provide conflict and, more important, congestion; his pictures are downright garish with local color. A few from this fresco: Tank (Nonso Anozie), an Anglo-Afro bruiser who's fond of Merchant-Ivory dramas; Handsome Bob (Tom Hardy), a gang member who unexpectedly plights his homoerotic troth to the flummoxed One Two ("What exactly is it you want to do to me, Bob?"); and, best of the lot, Johnny Quid (Toby Kebbell), a junk rocker who has faked his own death to sell more CDs. It's a star-making part for Kebbell...

Author: /time Magazine | Title: Thug Chic: Guy Ritchie's RockNRolla | 10/8/2008 | See Source »

...according to Higonnet. Most of the testimonies gathered attest to a wide array of sexual violence against men and women under Saddam Hussein as well as the Ba’ath party. The violence ranged from the threat of rape to sexual harassment by party officials, sexual enslavement to gang rape, and to forced nudity which Higonnet called a staple of detention facilities. Higonnet said the data depict the culture of misogyny and terror that prevailed during Hussein’s “development of a professional class of torturers in a systematic, pyramidally structured society...

Author: By Danella H. Debel, CONTRIBUTING WRITER | Title: Light Shed on Sexual Violence | 10/8/2008 | See Source »

...Beijing-based artist Zhao Gang isn't surprised. "Three years ago the prices started going higher and higher," says Zhao. "Last year the price was pushed way too high, and it's got to come down." In 2006, a collection of dreamlike portraits and landscapes by Zhang brought in just over $24 million - more than British art phenom Damien Hirst made in all of 2006. At Sotheby's Oct. 4 auction, the highest selling painting was Zhang Xiaogang's "Bloodline: Big Family No. 1," which sold for just under $3 million. In May, at rival auction house Christie...

Author: /time Magazine | Title: Will Crashing Markets Bring Chinese Art Back Down to Earth? | 10/8/2008 | See Source »

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