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...Fire and the Spielberg War of the Worlds. Other kid actors might be imps and scamps, but Fanning located the gravity and peril in childhood. Now she is negotiating early adolescence with the same poise. She recently survived the indie movie Hounddog, a heaping plate of refried Southern Gothic (known at Sundance as "the Dakota Fanning rape movie") in which she plays another backwoods unfortunate who says in the first scene, "I'm gonna kill my daddy one day." Bees is, by comparison, a pleasant stroll in the Carolina woods...

Author: /time Magazine | Title: The Secret Life of Bees: A Honey of a Film | 10/16/2008 | See Source »

...sitting at a computer all day, hasn't imagined owning a personal slice of paradise, lush with bougainvillea and frangipani, perhaps a sea breeze carrying the scent of exotic herbs and barbecued delights? Southeast Asia abounds with such dream locales, but two destinations trump all others: Bali and the southern Thai island of Phuket. It is on these two chunks of land, a mere 2,400 square miles (6,200 sq km) combined, that thousands of expatriates have bought tropical vacation homes. Indeed, a global real estate slump notwithstanding, Bali and Phuket's residential sectors are still booming, in part...

Author: /time Magazine | Title: A Tale of Two Islands | 10/16/2008 | See Source »

...with better roads and telecommunications, comes at prices that are roughly 40% higher than those in Bali. And for potential buyers who are concerned about cultural authenticity, Phuket underwhelms. Much of the island's vacation-property development follows an anodyne architectural style that could just as easily be in southern California or the Costa del Sol. Phuket may be in Thailand, but large swaths of it don't feel very Thai...

Author: /time Magazine | Title: A Tale of Two Islands | 10/16/2008 | See Source »

HONG KONG, CHINA Cash Crunch Not long ago, American businessmen flocked to trade shows in Guangzhou, China, searching for bargains from the country's southern factories. "Americans are famous for one thing," says Ken Melwani, Hong Kong - based director of trading company Nikita, whose 10 Chinese manufacturing plants turn out women's undergarments for export to Latin America and Africa. "They don't care about quantity. They just want to know: 'What is the price?'" This year, Melwani noticed that U.S. buyers weren't coming anymore. And something else was different. His bank has stopped pushing loans. "Definitely things have...

Author: /time Magazine | Title: Now the Real Pain Begins | 10/16/2008 | See Source »

...California WHERE THERE'S SMOKE Wildfires fueled by gusting Santa Ana winds burned at least 27,000 acres (11,000 hectares) in Southern California, forcing thousands from their homes. Despite the state's budget woes, Governor Arnold Schwarzenegger, who declared states of emergency in two counties on Oct. 14, assured residents in a press conference, "We always get the money somehow to fight the fires...

Author: /time Magazine | Title: The World | 10/16/2008 | See Source »

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