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Buffeted by the global economic crisis, India's art bubble has deflated, with some pieces fetching just a quarter of what they once sold for. But art-world insiders say that's no bad thing. The collapse has driven out both the investment-driven buyers and those artists who succumbed...

Author: /time Magazine | Title: Buyers' Market | 6/22/2009 | See Source »

Just over four months into Barack Obama's presidency, North Korea has become his first foreign policy crisis. To force itself to the top of Obama's agenda, the North has resorted to just about every nasty tactic short of war - testing both a long-range rocket and a nuclear...

Author: /time Magazine | Title: North Korea: The Coldest War | 6/22/2009 | See Source »

Looked at one way, the results of the European parliamentary elections, held across the European Union's 27 member states last week, can be seen as a continent-wide rejection of the center left and an embrace of the center right - with some far-right candidates doing well, too. Socialist...

Author: /time Magazine | Title: The Moment: European Parliamentary Elections | 6/22/2009 | See Source »

Iran's revolution has now run through a full cycle. A gruesomely captivating video of a young woman - laid out on a Tehran street after apparently being shot, blood pouring from her mouth and then across her face - swept Twitter, Facebook and other websites this weekend. The woman rapidly became...

Author: /time Magazine | Title: In Iran, One Woman's Death May Have Many Consequences | 6/21/2009 | See Source »

The same cycle has already become an undercurrent in Iran's current crisis. The largest demonstration, on June 18, was called by opposition leader Mir-Hossein Mousavi to commemorate the deaths of protesters three days after they were killed. (See pictures of violence used as intimidation in Iran.)

Author: /time Magazine | Title: In Iran, One Woman's Death May Have Many Consequences | 6/21/2009 | See Source »

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