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...things a low- or medium-budget filmmaker can do is experiment," Corman said in an interview with Leonard Maltin in the late 90s, "can take chances such as we did - in such a zany idea as Death Race - because you're not gambling that much money. If you're making a $100 million picture ... you,re going to be fairly conservative as to what you do. But if you're making a picture, say, in today's market for a million dollars, or when we made Death Race which I think was about $300,000, we can afford to, essentially...

Author: /time Magazine | Title: Death Race: Worth a Test Drive | 8/24/2008 | See Source »

...laughing. Frustration over the sluggish pace of Iraq's oil production is rising in the country and abroad as global prices soar. (At the same time, current oil revenues account for 90% of the government's substantial budget surplus of roughly $50 billion, unspent because of an inefficient infrastructure and bureaucracy.) Much of Iraq starves for electricity and fuel as vast amounts of oil and gas sit untapped in the ground. Iraq's oil industry needs a virtual overhaul to reach a level of production that could erase chronic fuel shortages in the country and rake in windfall profits...

Author: /time Magazine | Title: Why Iraq Is Still Oil Poor | 8/15/2008 | See Source »

...latest sports car. The results are edgy yet steeped in Japanese tradition. "You pick up an iPod, and it emanates California cool, just as Bang & Olufsen products feel very Scandinavian," says Tatsuya Matsui, an industrial designer who has created everything from robots to airplane interiors for a Japanese budget airline. "What you see coming out of Japan now are designs that will be loved because they have a feeling of Japanese-ness...

Author: /time Magazine | Title: Japan's New Groove | 8/14/2008 | See Source »

...would expect, meals at Ambassade and the Connaught don't come cheap. But being on a budget doesn't disqualify you from participating in London's renewed enthusiasm for French food. The much lauded Wild Honey in Mayfair, www.wildhoneyrestaurant.co.uk, has raised the bar for informal French dining with its strictly seasonal menu and dash of haute-cuisine craftsmanship. Mains start at around $30. Bord'eaux, www.bord-eaux.com, a great new all-day bistro on Park Lane specializing in the cuisine of southwest France, is cheaper still, with main courses from around...

Author: /time Magazine | Title: The French Correction | 8/14/2008 | See Source »

...funding is a problem, steal money from the budget of insane sports we'll never be good at. Modern pentathlon? Ski jumping? Biathlon? What's the point? It's so much simpler for Americans to throw a little ball around than shoot stuff after skiing. Cede that to the Nords...

Author: /time Magazine | Title: Hey, America, What About Handball? | 8/14/2008 | See Source »

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