Word: latested
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...cult star's. Two of the best closed up over the holidays. Depression Modern, 29, was a mecca for collectors of Deco furniture and artifacts; each Saturday morning, dozens of the faithful would gather outside Michael Smith's Lower Manhattan store, ready to rush in and claim his latest treasures. (I could name two TIME movie critics, one in New York, one in L.A., whose homes are little museums of Depression Modern pieces.) When a leap in rent shuttered this SoHo landmark, Smith retreated to his other boutique, Adelaide, in the West Village. (Disclosure: Mary Corliss, an occasional contributor...
...uneasy compromise could mean an end to the latest Russia-Europe gas spat, and relief for the millions of people across vast swathes of Europe who have spent this week shivering. The deal was worked out Thursday after a confusing mesh of negotiations in Brussels, Prague, Kiev and Moscow. E.U. inspectors have now arrived in the Ukraine to assuage Russia that Kiev is not surreptitiously siphoning off gas from the pipeline transiting the country, and Moscow has pledged to turn the gas taps back on as soon as the observers start work in monitoring the gas flow at Ukrainian pumping...
...Europe depends on Russia for about a quarter of its total gas supplies. Some 80% of these are pumped via Ukraine, which also counts on hefty transit fees. The E.U. sees this latest episode as further proof that it needs to diversify its energy, something that it must do anyway if it is to meet its ambitious climate-change targets...
...Gaza conflict unfolded: his arrival in the region coincided with the kidnapping of an Israeli soldier by Palestinian militants, Israel's bombardment of Gaza and the subsequent war against Hizballah in southern Lebanon. "My lament, shared by everybody around here, is that even with this latest bloodletting, it doesn't appear that Israelis and Palestinians are coming closer to an understanding, not even one based on sheer exhaustion," McGirk says...
Sony is hoping Home will breathe some life into its flagging video-game division, which, according to Business Week, lost about $3.8 billion over the past two years. It sure can't help Sony that the latest PlayStation console costs nearly twice as much as Microsoft's Xbox and Nintendo's adorable...