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...Obama will not weigh in on many of the more contentious issues until a health-care bill passes both houses and reaches a conference committee this fall, much as he has done with other big bills. There are areas where Obama will be needed to help cut a final deal: determining which taxes will be raised and which programs will be cut to pay for the legislation; defining the shape and size of a public plan; deciding what businesses and individuals will be required to do. Between now and then, White House officials say, don't be surprised...

Author: /time Magazine | Title: Time for Obama to Step In? | 7/16/2009 | See Source »

...reporters they'd received a briefing by Trévidic and fellow judge Yves Jannier in which they were told that Pakistani officials may have organized the strike. This new theory hinges on the change in France's government in 1995, a year after Paris signed a $1 billion deal to sell Agosta submarines to Pakistan. The cabinet of newly elected President Jacques Chirac decided to hold back payment of some $33 million in kickbacks that had been promised to Pakistani officials. French security officials tell Time that investigators have obtained documents and testimonies from people involved with the deal...

Author: /time Magazine | Title: Could Seven Dead Monks Upset President Nicolas Sarkozy's Bold Plans To Remake France's Legal System? | 7/16/2009 | See Source »

...however, has warned Switzerland that if a deal is not reached in the UBS case, it will "vigorously pursue" the matter and may even seize the bank's American assets. But such an aggressive response "might destabilize UBS and have a major impact on the American economy, so the U.S. government should proceed at its own risk and peril," says the Swiss-American Chamber of Commerce's Naville, who points out that both countries have "a lot at stake" in each other's economies. Switzerland is the U.S.'s 15th largest export market and, with almost $149 billion spent...

Author: /time Magazine | Title: U.S. vs. UBS: A Fight Over Secret Swiss Bank Accounts | 7/15/2009 | See Source »

...moment for [Panetta] to take a deep breath," says a retired official who hears regularly from colleagues still in the agency. The director should have anticipated the reaction of the Democrats and come up with a smart way to communicate that this was "not a big deal," says the former official. Instead, by rushing to Congress, "he set off their alarm bells, and gave them the impression that it was a big deal." After all, says the official, the CIA has "God knows how many programs" that are never activated; and in any case, it was "perfectly sensible to examine...

Author: /time Magazine | Title: Should Panetta Have Disclosed the CIA Secret Program? | 7/15/2009 | See Source »

...deemed too dangerous. The law also prohibits hotels from providing transportation to guests to and from the airport, and taxis are expensive (the ride from the airport to 9 Beaches is $50). So, depending on the size of your group, the shuttle buses from the airport are a better deal, at about $15 per person. But smart visitors take the government-run Bermuda Breeze buses - from the airport and around the islands. Single rides cost $3; an unlimited weekly pass is $45, including ferry rides, and can be bought at the airport, as well as at Bermuda's four visitor...

Author: /time Magazine | Title: Why Bermuda? It's Close, Warm and Suddenly Cheap | 7/15/2009 | See Source »

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