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...agrees with Rockefeller that a public option would save the Federal Government money and lower costs for consumers, nonetheless believes that a bill with such an option will not garner enough support to overcome the threat of a filibuster and make it for a vote on the Senate floor; almost all Republicans and many moderate Democrats believe that such a plan would force private insurance companies out of business and eventually lead to a single-payer system, with the government as the only viable entity selling insurance. "My first job is to get this bill across the finish line," Baucus...

Author: /time Magazine | Title: Health Reform's Public Option: Down, but Not Yet Out? | 9/30/2009 | See Source »

...Kong alone. The bank is also continuing to expand in Asia. In China, where HSBC already has the largest branch network of any foreign bank, it is considering an initial public offering of stock on the Shanghai exchange. In May, HSBC completed its acquisition of Bank Ekonomi in Indonesia, almost doubling its number of outlets in that country...

Author: /time Magazine | Title: Why HSBC Is Returning to Hong Kong | 9/30/2009 | See Source »

...person has been accused or convicted of a crime. It's often a lengthy and complicated procedure whose specifics are determined through treaties signed by individual governments. Generally, extraditions apply only crimes that exist in both countries, and to people hiding out in nations other than their own. (Governments almost never surrender their own citizens, hence Polaski's ability to evade arrest for over 30 years.) Political crimes are rarely extraditable because countries don't want to be accused of aiding a coup or opposing a foreign regime. In 1934, an Italian court refused to extradite the assassins of Yugoslavia...

Author: /time Magazine | Title: Extraditions | 9/30/2009 | See Source »

...Georgia said the investigation proved that Russia had been preparing for war all along. "We are glad that almost all the facts we have alleged have been confirmed, in particular that armed Russian units entered Georgia before August 7," says Salome Samadashvili, Georgia's ambassador to the E.U. "The report confirmed that Russia committed an act of aggression against a sovereign state, thus breaking the U.N. charter." (Read "In South Ossetia, Families Remain Torn Apart...

Author: /time Magazine | Title: Both Sides to Blame for the Georgia-Russia War | 9/30/2009 | See Source »

...Lawrence Sheets, Caucasus project director of the nonprofit organization Crisis Group, is skeptical about whether the report will change anything. "Russia has firmly re-established its geopolitical position in the region, so there is almost no prospect of Georgian reunification," he says. Since the cease-fire, Russian troops have effectively sealed the border between South Ossetia and the rest of Georgia, and increased their military presence in both South Ossetia and Abkhazia. But while Moscow has recognized South Ossetia and Abkhazia as independent nations, only Nicaragua and Venezuela have followed suit...

Author: /time Magazine | Title: Both Sides to Blame for the Georgia-Russia War | 9/30/2009 | See Source »

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