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Word: impactions (lookup in dictionary) (lookup stats)
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...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 »

...gaming habits: "As consoles are now able to connect to the Internet, voice chat is possible between users, which has had an impact on phone usage; one can speak for free over the console, and so a teenager would be unwilling to use the phone...

Author: /time Magazine | Title: Teens Don't Twitter (and Other Faux Lessons) | 7/15/2009 | See Source »

...India, the Congress Party’s budget announcement has come to be one of the defining moments of the fiscal year (which ends in March). In a still heavily regulated economy, government action on major economic issues can have a profound impact on the nation, attracting foreign investment and fueling rapid growth. Thus, every newspaper and television station provided special coverage on the budget for the month preceding the announcement. Publications issued countless surveys, and every business leader offered their recommendations and predictions...

Author: By Ravi N. Mulani | Title: A Budget to Forget | 7/15/2009 | See Source »

...hoped a "wise Latina woman, with the richness of her experiences, would more often than not reach a better conclusion" than a white male. "First," Sessions demanded, "I'd like to know, do you think there's any circumstance in which a judge should allow their prejudices to impact their decision-making...

Author: /time Magazine | Title: Sotomayor Keeps Her Cool on the Senate Hot Seat | 7/15/2009 | See Source »

...primary impact of the activities of foreign-based insurgent groups inside Iran, of course, and whatever backing they receive from abroad, has been to render the legitimate reform movement more vulnerable to being attacked as part of a security threat to the Islamic Republic. After all, it would be a lot harder to paint a crackdown as directed against an "external threat" if there was no external threat...

Author: /time Magazine | Title: Iran's Campaign Against Foreign Plots | 7/15/2009 | See Source »

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