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...Further south, China has surpassed the U.S. as ASEAN's third largest partner in commerce after the E.U. and Japan. The Southeast Asian club has signed trade pacts with Japan, India, South Korea and, most importantly, China, paving the way for a regional economic bloc that could rival the E.U. Note that the U.S. isn't involved. "If we are closer to China now, it is only because the U.S. has neglected us," says Kavi Chongkittavorn, a Thai columnist who writes about foreign affairs. Wirjawan, the head of the Indonesian investment board, jokes that, "If I want to get Americans...

Author: /time Magazine | Title: Why Obama is Disappointing Asia — Even in Indonesia | 3/29/2010 | See Source »

Brown bears some of the responsibility for the economic mess: he was Chancellor of the Exchequer under Blair and has been Prime Minister since 2007. But he has deflected blame to global pressures and has made political hay of his rival's lack of experience. "This is no time for a novice," declared Brown in September 2008 as the global financial crisis gathered pace. A Conservative poll lead of 20 points has eroded to the narrowest of margins, not least on fears of the youthful opposition team's collective inexperience. There's another factor that counts against them: the Conservatives...

Author: /time Magazine | Title: Deep Funk: Why Britain is Feeling Bleak | 3/29/2010 | See Source »

Three weeks ago TIME published a story titled "The Incredible Shrinking Europe" in which we argued that "if Europe wants to become a global power to rival the U.S. and China then it needs to stop acting like a collection of rich, insular states and start fighting for its beliefs." Simon Robinson's story, accompanied by an interview with Europe's new Foreign Minister Catherine Ashton and an impassioned column by Kishore Mahbubani, dean of the Lee Kuan Yew School of Public Policy in Singapore, prompted readers and European leaders alike to write. Some thought our assessment was spot...

Author: /time Magazine | Title: Europe Speaks Back | 3/29/2010 | See Source »

Dennis Brinkeback, Stockholm In your article, Europe's biggest problem appears to be the lack of global power to rival that of the U.S. and China. But in fact, Europe's biggest problem is extensive power over its citizens, who at the same time have almost no influence over Europe's political system. Europe's Foreign Minister, Catherine Ashton, says in TIME that democracy and human rights are Europe's ideals. We have not seen much evidence of that...

Author: /time Magazine | Title: Europe Speaks Back | 3/29/2010 | See Source »

Unlike Pixar, its chief rival in CGI animation, DreamWorks usually casts big names to supply the voices for its lead roles and promotes the stars as if they were to be seen, not just heard, on screen; that's one key to its movies' financial success. No question that the names of Jack Black, Angelina Jolie, Dustin Hoffman, Seth Rogen and Jackie Chan helped 2008's Kung Fu Panda reach its $60.2 million opening weekend, or that Reese Witherspoon, Rogen, Paul Rudd, Hugh Laurie and Stephen Colbert lent heft to last spring's Monsters vs Aliens ($59.3 million). Dragon...

Author: /time Magazine | Title: Box-Office Weekend: A Tale of Two Dragons | 3/28/2010 | See Source »

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