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Lucasfilm is the first major production studio to set up shop in Asia, but competitors are right behind it. For years Hollywood has cut costs by outsourcing post-production--the editing, sound mixing and special effects that turn raw film into a blockbuster movie--to overseas firms. More than 90% of the animation for American films and television shows is processed in Asia, mainly in Japan and South Korea. Now, however, the $100 billion animation industry is rushing to tap the deep pools of young, well-trained artists in countries such as Singapore, China, India, South Korea and the Philippines...

Author: /time Magazine | Title: Fantasy League | 1/31/2008 | See Source »

...status as one of the major sources of top-flight talent for the European teams that dominate the global game today. Gone are the days when the African Cup boasted a couple of giants such as George Weah or Roger Milla, surrounded by a gaggle of talented but raw prospects. This year, 143 of the 368 players at CAN are drawn from elite European clubs, including such contemporary legends as Barcelona's Samuel Eto'o (Cameroon) and Yaya Toure (Ivory Coast); Chelsea's Didier Drogba, Solomon Kalou (both Ivory Coast) and Michael Essien (Ghana), and Real Madrid's Mamadou Diarra...

Author: /time Magazine | Title: Euro Soccer Suffers an African Eclipse | 1/25/2008 | See Source »

...Asia, Africa and Latin America, these past five years have seen the best growth run in memory, and so far signs of slowdown outside the U.S. and Europe are few. India and China are posting astonishing growth numbers, while economies of countries from Africa to Latin America that export raw materials, like oil from Nigeria and copper from Chile, have benefited from high commodity prices--themselves a function of the Asian giants' performance. "The economic bleakness in the West I don't think is matched by economic bleakness in the East," says Kamal Nath, India's Minister of Commerce...

Author: /time Magazine | Title: Can the World Stop The Slide? | 1/24/2008 | See Source »

...Asia, Africa and Latin America, these past five years have seen the best growth run in memory, and so far signs of slowdown outside the U.S. and Europe are few. India and China are posting astonishing growth numbers, while economies of countries from Africa to Latin America that export raw materials, like oil from Nigeria and copper from Chile, have benefited from high commodity prices - themselves a function of the Asian giants' performance. "The economic bleakness in the West I don't think is matched by economic bleakness in the East," says Kamal Nath, India's Minister of Commerce...

Author: /time Magazine | Title: Can the World Stop the Slide? | 1/23/2008 | See Source »

...northeast of England, and they might tell you two. On Sundays, they'd head to St. Nicholas, with its medieval history, 193-feet spire, and Eucharist services twice before noon. But on Saturdays, for more than a century, there's been St. James'. And for its worshipers, bracing the raw winds as they filed up the hill for evening service this weekend, the night promised everything they'd been waiting impatiently for. "The Messiah," says one man, rushing to take his seat, "is back for the second coming...

Author: /time Magazine | Title: Between a Northern Rock and a Hard Place | 1/21/2008 | See Source »

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