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...There is a lot more oil and gas where that came from, if Beijing can bring itself to depend on Moscow as a supplier. That isn't as easy as proximity might suggest. The two countries have never trusted each other. But economics now dictates that historical enmity be put aside. With the collapse of oil prices and the credit crisis, Russia needs cash. China needs fossil fuels; it needs them from a variety of suppliers far into the future - and it has the money to pay for them. Half of the country's massive national savings of $2 trillion...

Author: /time Magazine | Title: Buying Binge | 3/5/2009 | See Source »

...others will want to listen to him. Lula was one of the few leaders with whom both U.S. President George W. Bush and Venezuela's Chávez had decent relations. Lula told TIME he has "high expectations" that Obama will turn "a new page" on Latin America and "put aside traditional U.S. insistence on a narrow, one-sided approach that focuses almost exclusively on free trade and the drug war." Like most Latin leaders, Lula wants Obama to lift the U.S. trade embargo against Cuba. And he is keen (he may be disappointed) to see the U.S. throw...

Author: /time Magazine | Title: The One Country That Might Avoid Recession Is... | 3/5/2009 | See Source »

...main sleuth is Rorschach (Jackie Earle Haley), whose shifting-inkblot mask ill conceals a violent temper and a questing spirit. Dr. Manhattan (Billy Crudup) is not much help, preoccupied as he is with helping another superhero, Ozymandias (Matthew Goode), in a secret experiment that may save the world or put a big hole in it. Dr. M. has also paid scant heed to his girlfriend Laurie (Malin Akerman), a.k.a. Silk Spectre II, who's ready to fall into the arms of nerdy Dan Dreiberg (Patrick Wilson), a.k.a. Nite Owl II--some new Watchmen have moved up as older ones have...

Author: /time Magazine | Title: Watchmen: Hero Worship | 3/5/2009 | See Source »

...issue bins. But Watchmen soon attained the status of legend and literature; in 2005, TIME cited it as one of the 100 best novels since 1923. (See page 54 for our book critic's take on the film adaptation.) And it continues to expand its base. Last fall Gibbons put out the latte-table book Watching the Watchmen. The story is also available on DVD in "moving comic" form--very limited animation of the drawings, with a narrator reading the text--that runs about twice the length of the 2-hr. 40-min. Snyder version. (Read an interview with Watchmen...

Author: /time Magazine | Title: Watchmen: Hero Worship | 3/5/2009 | See Source »

White House press secretary Robert Gibbs crept up to that line--even put his toe over--as he tried to capitalize on the anti-Obama declarations of talk-show leviathan Rush Limbaugh. In January and again at a recent gathering of conservatives in Washington, Limbaugh pointedly voiced his hopes that Barack Obama's economic proposals will fail...

Author: /time Magazine | Title: The Moment | 3/5/2009 | See Source »

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