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...award had an auspicious beginning: the Oscar-winning Marty, starring Ernest Borgnine, took home the first Palme d'Or in 1955 and deserved triumphs following soon after for Black Orpheus and Federico Fellini's La Dolce Vita. But the design of the trophy itself had a less than stellar start; come 1964, the powers that be at the Festival decided that a return to the original prize was necessary due to copyright issues. The Palme was reinstated in 1975 and, with multiple design changes along the way, it has remained the award craved by auteurs worldwide...

Author: /time Magazine | Title: The Palme d'Or | 5/24/2009 | See Source »

...want these bills because they think they are valueless and they're going to get stuck with them, so they're spending them as fast as they can," says clothing vendor Fabiola Espinoza. It has unintentionally created a bizarre stimulus effect on Nicaragua's beleaguered economy. "As soon as I get one of the plastic bills, I try to pass it on right away to someone else," says shopkeeper Gloria Romero. (Read a story from TIME's Archive about America's counterfeit bill problem in the 1930s...

Author: /time Magazine | Title: For Nicaraguans, New Currency Is a Hot Potato | 5/23/2009 | See Source »

...know what they say and we don't care," he says. "This is an outlaw country." Still, Aguirre predicts, the issue of the new currency and whether it's legal or not is a case of a "tempest in a teapot" - an issue that will fade away as soon as the inevitable next crisis comes around. (Read a story about Nicaragua's vampire problem...

Author: /time Magazine | Title: For Nicaraguans, New Currency Is a Hot Potato | 5/23/2009 | See Source »

...Soon after, Copney allegedly took a cab to South Station with the two individuals and left the city for New York...

Author: By Eric P. Newcomer and June Q. Wu, CRIMSON STAFF WRITERSS | Title: Suspect Pleads Not Guilty in Harvard Shooting Case | 5/22/2009 | See Source »

...Although images of Rakhmon pictured alone will stay put, crews taking down images of local politicians standing or sitting next to the leader have their work cut out for them, with hundreds of enormous billboards casting shadows over roadways and blanketing buildings across the country. They might soon wish that all they had to do was pull down a rotating golden statue...

Author: /time Magazine | Title: Tajikistan's President: No Photos, Please | 5/22/2009 | See Source »

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