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Under the terms of the new agreement, the IRS will submit a request to Swiss tax authorities to divulge within one year the names of clients suspected of stashing money in UBS to evade U.S. taxes. Account holders will be notified before their names are disclosed and will be able...

Author: /time Magazine | Title: Can Swiss Banks Thrive After the UBS-U.S. Deal? | 8/20/2009 | See Source »

That reason is our out-of-control, highest-in-the-world, wiggety-wiggety-wack health-care costs. They're gobbling one-sixth of our economy, and without reform they'll devour one-third of our economy by 2040; the average family's annual premiums are on track to exceed $45...

Author: /time Magazine | Title: Health Reform Without Cost-Cutting Isn't Worth It | 8/19/2009 | See Source »

But these days, Obama isn't saying much about cost-cutting. This is partly because most of his curve-bending ideas - computerized records to bring medicine into the 21st century, comparative effectiveness studies to identify unnecessary treatments, revamped incentives to reward quality rather than volume of care - would take more...

Author: /time Magazine | Title: Health Reform Without Cost-Cutting Isn't Worth It | 8/19/2009 | See Source »

But with nary a gringo dignitary in sight, Mexican officials carried out a less dazzling - but nonetheless remarkable - operation last weekend that should have grabbed Washington's attention. All 700 of Mexico's federal customs agents, a club notorious for corruption and a less than robust devotion to duty, were...

Author: /time Magazine | Title: Mexico's Drug War: A Cops and Choppers Story | 8/19/2009 | See Source »

A new study by the California-based Rand Corp., a leading policy think tank, joins that call. It notes that while Mexico has 370 police officers per 100,000 people, the U.S. has only 225 - but enjoys a far more effective and trustworthy police culture. "Security in Mexico: Implications for...

Author: /time Magazine | Title: Mexico's Drug War: A Cops and Choppers Story | 8/19/2009 | See Source »

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