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...interviews to Western media even as the bombs were falling, and says that the upcoming film with Garcia will drive that point further. "Indeed right now the American director is producing a Hollywood film, and I am sure Russia is not depicted there in the best light," he told a gathering of supporters in Kiev, Ukraine, this month. "It's true Andy Garcia's previous role was in The Godfather [III], and his evolution from a Mafioso to the President of Georgia does not make for the best associations. But I think we will manage...

Author: /time Magazine | Title: Russia and Georgia Go to War Again — on Screen | 12/4/2009 | See Source »

...rest of the world, where it reeled in $300 million. That didn't sit well with some Chinese, including Guo Shu, executive president of Starlight International Media Group, an entertainment company based in Beijing. "We commit ourselves to be a media with a sense of national responsibility," she told the state-run People's Daily. "Now that foreigners can produce a popular movie out of the story Hua Mulan, why can't we Chinese present its own to the world...

Author: /time Magazine | Title: China vs. Disney: The Battle for Mulan | 12/3/2009 | See Source »

...Korean won and instead hold Chinese renminbi, yen or dollars as a store of value. The black-market value of the won has been decreasing for years, and North Korean inflation has been accelerating. The former head of a large North Korean trading firm who recently defected to Seoul told TIME, "Some kind of move like this was expected for a long time." And, he says, it won't have any impact on bigger companies and traders. Instead, the move punishes a broad swath of people in North Korea who have been able to amass a small amount of savings...

Author: /time Magazine | Title: Economic 'Reform' in North Korea: Nuking the Won | 12/3/2009 | See Source »

...country back from the militants. President Barack Obama mentioned Somalia as one of the next battlegrounds in the fight against al Qaeda in his December 1 speech on Afghanistan. The United States supplied 40 tons of weapons to the TFG in June, but a security expert has told TIME that those guns ended up for sale in downtown Mogadishu...

Author: /time Magazine | Title: Suicide Bombing Marks a Grim New Turn for Somalia | 12/3/2009 | See Source »

...part because he's exploited Washington's election obsession. He's been cleanly voted in three times and that's helped him retain a democratic legitimacy despite his hegemonic power inside Venezuela. Valenzuela insists that the recent Honduran election doesn't whitewash the coup; but Amselem recently told the OAS he thought it would. Now, by recognizing its results, after earlier warning that he wouldn't, Obama has essentially accepted Amselem's dubious principle...

Author: /time Magazine | Title: Obama's Latin American Policy Looks Like Bush's | 12/3/2009 | See Source »

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