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...others are confident that the damage will be limited to UBS. "We don't foresee any negative impact on the Swiss banking industry as a whole," says Martin Naville, CEO of the Zurich-based Swiss-American Chamber of Commerce, an organization that helps Swiss companies in the U.S. and U.S. companies in Switzerland expand their businesses. "It's the cleanest system in the world, with strict laws on money laundering, terrorist finances, corruption and other illicit activities." (Read "The Scandal of Secret Swiss Bank Accounts...

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

...this reason that the IOC is disappointed that the USOC acted unilaterally and, in our view, in haste by announcing their plans before we had a chance to consider the ramifications." The IOC also said that the network "raises complex legal and contractual issues and could have a negative impact with other Olympic broadcasters and partners, including our U.S. TV partner, NBC." (See pictures of the Olympic highs and lows in Beijing...

Author: /time Magazine | Title: How Olympic TV May Kill Chicago's 2016 Bid | 7/13/2009 | See Source »

...ultimate impact of Sherbini's death remains uncertain, but what's clear is that Egypt will continue to hold the murdered pharmacist up as a martyr as long as someone, or some group, finds it useful to do so. "The debate could be taken in any direction at the moment," says Hamalawy. "It depends on the actors on the ground ... and how they are going to mobilize around...

Author: /time Magazine | Title: Tragic Symbol: Egypt's Headscarf Martyr | 7/12/2009 | See Source »

While funding is flowing quickly to new studies similar to McLaughlin and Allaire's - the nonprofit Robert Wood Johnson Foundation, for example, has pledged $8.5 million to study the impact of video games on everything from Alzheimer's disease to driving skills - there is little existing evidence that gaming, which is widely dismissed as an elaborate form of mind rot, really holds any potential to slow the effects of aging. "I think it is silly for someone to run out and buy a game with the hope that it is going to help them age better. There is no proof...

Author: /time Magazine | Title: Can Gaming Slow Mental Decline in the Elderly? | 7/11/2009 | See Source »

...says Sheik Ahmed Turky, an imam who leads a congregation of several thousand at one of Cairo's largest mosques, Masjid al-Noor. Still, he says, "the pressures of living and the costs of marriage" have added to it. (Read "As Men's Job Losses Mount, Wives Feel the Impact...

Author: /time Magazine | Title: In Egypt, Invoking Islam to Combat Sexual Harassment | 7/10/2009 | See Source »

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