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...part of their plans, many governments lined up multibillion-dollar advance-purchase agreements with pharmaceutical companies to buy vaccines during a pandemic. When the WHO declared H1N1 as such, governments were locked into these contracts, if not legally then politically - amid news reports of a new and potentially lethal virus spreading around the globe, governments could not responsibly pass on the option for vaccine. In this context, governments may have felt the only prudent course was to err on the side of caution. (See pictures of thermal scanners hunting for swine...

Author: /time Magazine | Title: Was the Threat of H1N1 Flu Exaggerated? | 1/26/2010 | See Source »

...former are more expensive. If insurers cannot charge different prices, they’ll charge the healthy more to cover the difference. And if plans prove too pricey, the healthy will drop them, sucking money from the pool and raising premiums for the sick. So Democrats want everyone to buy coverage or face a fine, yet the fine they’ve prescribed is too low to deter dropouts. A higher fine, they fear, would provoke outrage...

Author: By Brian J. Bolduc | Title: Kill Obamacare | 1/26/2010 | See Source »

...Democrats scoff at critics. Republicans, they say, offer criticism but no solutions. What about Arizona Congressman John Shadegg’s proposal to allow people to buy insurance across state lines? Or Wisconsin Congressman Paul Ryan’s offer to tax employer-provided insurance and provide tax credits for individual coverage? Or Arizona Senator John McCain’s push for caps on exorbitant lawsuits against medical malpractice? Or former Massachusetts Governor Mitt Romney’s suggestion that states lift their mandates on insurers that force them to cover particular services—like in vitro fertilization...

Author: By Brian J. Bolduc | Title: Kill Obamacare | 1/26/2010 | See Source »

...quarrel began typically enough. Belarus, like many ex-Soviet countries, has enjoyed subsidized oil and gas supplies from Russia for two decades, in part to ensure its loyalty after the collapse of the Soviet Union. It has even been allowed to buy Russian crude oil on the cheap, refine it at home and sell it on to Europe at a huge profit. But in the past three years, Belarusian President Alexander Lukashenko has started to assert his independence in subtle ways. Following the 2008 Russia-Georgia war, Lukashenko declined to recognize the breakaway Georgian republics of South Ossetia and Abkhazia...

Author: /time Magazine | Title: Energy Wars: Russia's Neighbors Get Even | 1/25/2010 | See Source »

...Then, on Jan. 19, three weeks into the dispute, Kazakhstan stepped in with a game-changing offer. It said that if Russia refuses to provide oil to the Belarusian refineries, it would be happy to take Moscow's place. The Kazakhs also said they would be willing to buy a stake in Belarus' Naftan refinery, which Russia's largest oil companies have coveted. "The demands of Belarusian refineries will be filled by Kazakh oil," said Anatoly Smirnov, Kazakhstan's ambassador to Belarus, adding that the two nations' Presidents have already discussed the idea and "no one has refused...

Author: /time Magazine | Title: Energy Wars: Russia's Neighbors Get Even | 1/25/2010 | See Source »

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