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...Senate on Thursday struck the most devastating legislative blow in history to Big Tobacco, giving the Food and Drug Administration (FDA) authority over the industry. The new bill, which passed in the House in April, includes tough new restrictions on advertising like allowing only black-and-white text ads in magazines with substantial youth readerships, mandates that manufacturers prove or stop using claims like "light" and "low tar," bans flavored cigarettes (except menthol) and makes provisions for large, graphic warning labels. So why, then, is tobacco giant Philip Morris, unlike its industry brethren, celebrating the unprecedented oversight...

Author: /time Magazine | Title: Why a Tobacco Giant Backs a Tough New Antismoking Bill | 6/12/2009 | See Source »

...Weaponization and nuclear technology are two separate issues, and we should not let them get mixed up." -Defending Iran's nuclear pursuits. (The New York Times, April...

Author: /time Magazine | Title: Iran's Challenger: Mir-Hossein Mousavi | 6/12/2009 | See Source »

...Iran would accept suspension." -On the West's persistent calls for the nation to stop uranium enrichment. (Financial Times, April...

Author: /time Magazine | Title: Iran's Challenger: Mir-Hossein Mousavi | 6/12/2009 | See Source »

...Trust can slowly be developed once again. We can contribute to this by moderating our tone ... A policy of detente will be a central issue for me." -On defusing tensions with the U.S. (Der Spiegel, April...

Author: /time Magazine | Title: Iran's Challenger: Mir-Hossein Mousavi | 6/12/2009 | See Source »

...spent $13.3 billion in Mexico, the third biggest source of foreign income after remittances and oil exports. This year all three of these moneymakers are being clobbered. While the price of petroleum nose-dived with the crisis, the recession north of the border pushed Mexican remittances down 18.6% in April compared with the same time last year. To add to these woes, Mexico's manufacturing sector has been battered by a drop in spending in the U.S. In total, the Mexican government predicts the economy will shrink 5.5% this year. But some private analysts speculate the decline might be more...

Author: /time Magazine | Title: Guns, Germs and Recession: The Curse on Mexican Tourism | 6/11/2009 | See Source »

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