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Recall that Titanic was a colossal gamble back in '97. With a $200 million budget, it was, some said, the most expensive picture ever made. (In real dollars, that dubious honor would probably go to the Elizabeth Taylor Cleopatra in 1963.) Leonardo DiCaprio and Kate Winslet were not yet established...

Author: /time Magazine | Title: Avatar Ascendant | 2/8/2010 | See Source »

Like many residents in the cluster of towns northeast of Melbourne, Michael Minten and his partner Sharon Collins were caught completely off-guard when last year's 'Black Saturday' infernos swallowed their property in Flowerdale, Victoria. Minten went ahead to work in the morning, leaving Collins at home with their...

Author: /time Magazine | Title: A Year After Fires, Australia Debates What Went Wrong | 2/7/2010 | See Source »

For Syria, the return of an American ambassador is a much desired signal that the U.S. needs Syria to help stabilize Iraq, keep the peace in Lebanon and solve the Arab-Israeli conflict. Syrians like to think of their country as the crossroads of the Middle East; they grew worried...

Author: /time Magazine | Title: Why the U.S. Is Back on the Road to Damascus | 2/7/2010 | See Source »

Luckily for Syria, perhaps, Israel is dragging its feet even more on the peace front. Having separated themselves from an ever hostile Palestinian population by withdrawing from Gaza and walling off the West Bank, the Israelis have lost interest in land-for-peace deals. So not only are Israeli-Palestinian...

Author: /time Magazine | Title: Why the U.S. Is Back on the Road to Damascus | 2/7/2010 | See Source »

Of course, kidnapping foreigners has long been a staple of militant activities in war zones like Iraq or Afghanistan and, at times, even in supposedly more secure settings like Pakistan and Yemen. But apart from a one-off abduction of 32 Europeans trekking in the Algerian desert in 2003, North...

Author: /time Magazine | Title: Terror Threat in N. Africa: Kidnapping Foreigners | 2/6/2010 | See Source »

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