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...reason for the ambivalence is wariness toward Obama's diplomatic overture. Supreme Leader Ali Khamenei recently took note of Obama's kind words for Iran, but he questioned whether the new U.S. President was simply concealing an iron fist with a velvet glove. Although revolutionary ideology animates Iranian actions and rhetoric, Parsi believes that geopolitics is the main factor driving the Iranian regime's attitudes toward Israel and the U.S. In his book Treacherous Alliance: The Secret Dealings of Israel, Iran and the U.S., Parsi details a 2003 peace plan in which Iran essentially agreed to abandon terrorism and support...

Author: /time Magazine | Title: Has Ahmadinejad Softened His Position on Israel? | 4/28/2009 | See Source »

...Night: Jamie Foxx as the musician, Robert Downey, Jr., as the newspaperman. But The Soloist was pulled from a late-year release, to be dumped in the no-man's-land of late April. And though the film nabbed respectful reviews, audiences were quick to realize it was neither Iron Man nor Ray. Directed by Joe Wright, who did the posh Brit drama Atonement, the new film looks unlikely to match Atonement's $51 million domestic take, let alone the $78 million it made abroad...

Author: /time Magazine | Title: Weekend Box Office Obsessed with Beyoncé | 4/26/2009 | See Source »

...teams for good.“[On the 17th hole] you can’t go over the green, because you’ll have a tough chip coming back, so club selection is really key,” Sheldon said. “I chose a six-iron today…and I hit it awesome—a little too aggressive, but it worked out beautifully. It was less than two feet from the hole. It was certainly a confidence-booster going into 18.”Not far behind Sheldon were the Crimson?...

Author: By Dennis J. Zheng | Title: Crimson Repeats As Ivy Champs | 4/26/2009 | See Source »

Since new oilfields and copper mines take years to get into full production, lower investment today causes tighter supply down the road. At the same time, there is every reason to believe that emerging markets such as China and India will continue to be ever more voracious consumers of iron ore, oil and food as their economies get bigger and their citizens richer. Palm oil prices, for example, have been rising of late partly because demand from India, with its population of 1 billion, is holding up. In March, China imported a record amount of iron ore and coal, while...

Author: /time Magazine | Title: What's Driving the Bull Market in Commodities? | 4/25/2009 | See Source »

...steel mills are cutting back on production, China seems to be expanding. Luxemburg-based ArcelorMittal, the world's biggest steelmaker, is slashing output by half, for instance. Yet state-supported Chinese steel companies are actually ramping up both capacity and output, according to Chinese government figures. The China Iron and Steel Association says that the production of crude steel has risen since December, from 1.2 million tons a day to 1.4 million. (China's annual excess production capacity is already about 100 million tons, more than the annual U.S. steel output...

Author: /time Magazine | Title: Steel Wars: Europe and the U.S. Accuse China of Dumping | 4/25/2009 | See Source »

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