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...spectacle and drama, drawing on his own cultural influences. It was Jacques Cousteau who first lured a TV-obsessed teenage Hanks to take biology seriously. Cousteau's art was to have the curious viewer ask, How would I fare 20,000 leagues under the sea with a steel scuba tank on my back and a tiger shark circling my underwater cage? "Cousteau was unlike anything else that was on TV, and I was sad when the hour was up," Hanks recalls. "I was uninterested in science class. But boy, did I search the TV-guide listing to find out when...

Author: /time Magazine | Title: How Tom Hanks Became America's Historian in Chief | 3/6/2010 | See Source »

...there are already doubts about whether a 10-year bureaucratic plan can really turn the E.U. economy around. "These strategies are full of beautiful but nebulous words," says Jacques Pelkmans, a senior research fellow at the Center for European Policy Studies (CEPS), a Brussels-based think tank. "We shouldn't expect Chinese growth rates, and we should not raise hopes we cannot meet...

Author: /time Magazine | Title: Europe's New Economic Strategy: A Miracle Cure? | 3/2/2010 | See Source »

...there were political splits on issues like opening up labor markets. But another issue was that E.U. leaders were simply unwilling to overhaul their economies - and there was no enforcement mechanism in place to put them into line. Ann Mettler, head of the Lisbon Council, a Brussels-based think tank, says European leaders have been too cautious about reform, backing off, for example, when it comes to tackling energy oligopolies and inefficient, formerly state-run telecom operators. "We are in a state of crisis," she says. "We can't just have a battery of lofty goals and feel-good measures...

Author: /time Magazine | Title: Europe's New Economic Strategy: A Miracle Cure? | 3/2/2010 | See Source »

Colombia has received more than $6 billion since 2000 in mostly military aid from Washington, mainly because of U.S. concerns over security, drugs and broader regional instability. "Colombia is an important piece in that picture," says Michael Shifter of the Inter-American Dialogue, a Washington think tank. However, despite Washington's praise for the progress made under Uribe's leadership, the rejection of another re-election bid actually "helps American relations a lot," says Adam Isacson, a Colombia expert with the Washington-based Center for International Policy. "I don't think the Obama Administration was really relishing the idea...

Author: /time Magazine | Title: Colombia Gets Ready for Life After Uribe | 3/2/2010 | See Source »

...while most conspiracy theories are overblown, some experts believe there is at least some kernel of truth to them. "They are correct to say there has been massive short-selling against the euro," says Iain Begg, an associate fellow at the London think tank Chatham House. "Speculation is what markets are about. It is simply an opportunity to make money. Financial markets are amoral, feral beasts. If they see a weakness, they go for it. And Greece was seen as weak." He admits that the role of Goldman Sachs and other major banks in helping Greece disguise its mounting debts...

Author: /time Magazine | Title: What Caused the Euro Crisis? | 2/26/2010 | See Source »

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