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...financial crisis because of its unhealthy overdependence on oil, gas and metals, which account for more than three-quarters of export earnings. The collapse in energy and commodity prices since this summer is exposing Russia's fragility: the boom, it turns out, was built on expensive oil, and precious little else. Economic growth, which averaged more than 7% for the past five years, has tumbled and may drop below 2% next year. And for the first time since the collapse of the Soviet Union in 1991, the threat of large-scale unemployment looms. "Money was falling from...

Author: /time Magazine | Title: Russia's Big Chill | 12/11/2008 | See Source »

...impressions, and emotions from your first 20 years on earth are most writers’ main material,” he wrote; “little that comes afterward is quite so rich and resonant. By the age of 40, you have probably mined the purest veins of this precious lode; after that, continued creativity is a matter of sifting the leavings...

Author: NO WRITER ATTRIBUTED | Title: CELEBRITY LIST: Five Melancholy Elderly Literary Men | 12/11/2008 | See Source »

...movie weren’t so self-aware. Just as “Moulin Rouge” was a musical about musicals, “Australia” starts out as a sort of meta-epic, with tons of fast shots, wacky henchmen in bar fights, and an overly precious voice-over from Nullah. The opening moves fast and humorously; Luhrmann knows he is crafting an epic and wants the audience to know it too. As Lady Ashley herself comments, “It’s all very Outback adventure.”The first half of the movie...

Author: By Samuel E. Chalsen, CONTRIBUTING WRITER | Title: Australia | 12/5/2008 | See Source »

...have heard of Martin, and it would probably be best to keep it that way. Jason Statham plays Martin, a man whose skill and precision behind the wheel are unrivalled, leading him to become—you guessed it—the Transporter. His job is simple: move precious cargo from one place to another. As such, he has three rules: never change the deal, no names, and never open the package. Inevitably, these principles attract a villain who uses the Transporter for a deal leading to lots of cool car chases. This provides the premise for a stilted kind...

Author: By Rebecca A. Schuetz, CRIMSON STAFF WRITER | Title: Transporter 3 | 12/5/2008 | See Source »

...Charlie Gibson interviewing George Bush on Marine One, the helicopter the President uses to get out of town to Camp David. You think Charlie took Amtrak to Washington to meet the President? Even if he did, it's fairly routine for the networks to ferry their precious anchors around by private jet these days. (And while we're at it, why can't Bush take a carpool to Camp David? This nation isn't exactly flush, and he's not exactly essential any more. Doesn't the Secret Service own an armored Suburban...

Author: /time Magazine | Title: Why the Big Three Should Fly Corporate Jets | 12/3/2008 | See Source »

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