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Today, there are bigger obstacles to its implementation. First, there are the tax's tricky practicalities: Which financial transactions and institutions do you target? And who pays, administers and regulates it? But possibly more importantly, every major financial center would need to be on board for the levy to be effective. Investment banks wouldn't likely leave Britain for cheaper foreign currency-trading in Macedonia, but they might well if that opportunity was in Manhattan. Advanced economies imposing the tax unilaterally "would see their financial markets decimated," Howard Wheeldon, senior strategist at BGC Partners in London, wrote in a note...

Author: /time Magazine | Title: Britain's Idea to Tax Financial Transactions | 11/13/2009 | See Source »

...H1N1 on the U.S. population; it takes into account the patients left out of the official lab-confirmed tally. "We know that a number of deaths that we're seeing are occurring outside of the hospital where testing is not possible," Dr. Anne Schuchat, director of the National Center for Immunization and Respiratory Diseases, told reporters at a briefing on Thursday. "We also know that not every patient with influenza gets a diagnosis of flu. For influenza it's virtually impossible to find every case with a lab test. So the estimation method we are using now we believe gives...

Author: /time Magazine | Title: Behind the CDC's Soaring H1N1 Death Totals | 11/13/2009 | See Source »

...that time, he would have been at the Uniformed Services University of Health Sciences in Bethesda, Md., where he was studying medicine tuition-free, a benefit of his enlistment in the Army. The prescription, as a photograph shows, appears to have been filled by Wilford Hall Medical Center at the U.S. Air Force Base in Lackland, Texas. (See pictures of Nidal Malik Hasan's life...

Author: /time Magazine | Title: Combivir: The HIV Drug in Hasan's Shoe Box | 11/12/2009 | See Source »

Thailand may have a reputation for indulging visitors in their various vices, but smoking is no longer one of them. On Tuesday, more than 600 fired-up protesters invaded a convention center in Bangkok in an attempt to smoke out representatives of the global tobacco industry, who were holding a conference in a country with some of the strictest tobacco controls in Asia...

Author: /time Magazine | Title: Thai Protesters Smoke Out Tobacco Execs | 11/12/2009 | See Source »

...After a raucous but peaceful protest that lasted an hour, security guards at the Impact Convention Center forced the demonstrators to leave. Conference organizers refused to meet with the protesters and locked the meeting-room doors to members of the media without making a statement, except to say the conference was private. Churit Tengtrisorn of Thailand's Ministry of Public Health said that the ministry opposed Tabinfo 2009 and the tobacco industry in general. "The tobacco industry has been pushed out of the developed world, and now it is trying to exploit the developing world. We are certain that...

Author: /time Magazine | Title: Thai Protesters Smoke Out Tobacco Execs | 11/12/2009 | See Source »

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