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Dates: during 2000-2009
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...indie action, the romantic comedy (500) Days of Summer had a boffo opening, earning $31,000 per screen for an $838,000 total in a limited opening. Those numbers stoked hopes at Fox Searchlight for a hit of Junoesque proportions: $143 million in North America. But they won't change the business model for Hollywood, which drools over the thought of finding another series of books it can spin into even more movies than the eight Harry Potters. Well, the Old Testament has, by some counts, 46 books, including some internal sequels (1 Kings, 2 Kings). Granted, down around Obadiah...

Author: /time Magazine | Title: Box-Office Wizardry: Harry Potter's Wand-erful Week | 7/19/2009 | See Source »

...this city of about four million, Morocco's biggest, thousands of people live in suburban shantytowns and slums. The urban squalor and poverty fuel extremism; the suicide bombers who killed a total of 48 people in attacks on downtown Casablanca in 2003 and 2007 all grew up in such places. While Moroccan authorities claim to have eradicated terrorism cells in the country's most depressed urban areas, millions of residents remain cripplingly poor. Unemployment in the slums stands at 32%. And the illiteracy rate of 64% is more than 10 points higher than the rest of Casablanca's. (See video...

Author: /time Magazine | Title: What Chicago Can Learn from Morocco's Ghettos | 7/19/2009 | See Source »

...contrary, the recent windfalls at Goldman Sachs and JPMorgan, and the promise of giant year-end paydays for banking executives and traders, has caused a bit of consternation in the West Wing, coming as it does so soon after the taxpayer bailouts saved the entire financial system from total collapse...

Author: /time Magazine | Title: Goldman's Sudden Boom Could Be a Bust for Obama | 7/17/2009 | See Source »

...renegotiate its $6.3 billion agreement to reimburse the Dutch and British who had accounts with Icesave, the internet arm of the now-defunct Landsbanki, which collapsed last October. The deal was a condition of the IMF bailout, and Iceland has 15 years to pay it back. But the sums total almost half the country's annual output and could jeopardize any recovery...

Author: /time Magazine | Title: Iceland's Urgent Bid to Join the E.U. | 7/17/2009 | See Source »

...Others remain unconvinced, viewing China, in effect, as an economy on steroids. Bank-lending numbers announced last week showed an extraordinary leap. New loans in June totaled the equivalent of $224 billion, more than double the previous month's lending. The total amount of money that banks have loaned thus far in 2009 already exceeds the total amount loaned for all of last year. Speculative froth in China's financial markets abounds. Long-futures interest on copper contracts on the Shanghai Metals Exchange - bets that the price of copper will continue to rise - recently exceeded the total amount of copper...

Author: /time Magazine | Title: China's Economic Recovery Gathers Steam | 7/16/2009 | See Source »

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