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...Republika Srpska parliament passed a law creating the legal framework for holding a referendum. The thing that remains unclear, however, is what kind of referendum it would be - one that calls for independence outright, or one that asks a more veiled question. Many Bosnian Muslims, known as Bosniaks, say that doesn't matter - they see the mere act of holding a referendum as an intentional provocation. "It's meaningless in its substance," said Kurt Bassuener, of the Democratization Policy Council, a U.S.-based democracy advocacy group. "But the act is very meaningful." The Bosnian war, in fact, was sparked...

Author: /time Magazine | Title: Bosnia's New Threat: Not Bombs, But a Referendum | 3/6/2010 | See Source »

...Booker and Alabama Representative Artur Davis, Rangel's colleague on Ways and Means - have risen through the traditional channels of the U.S. meritocracy, says David Bositis, an expert on black electoral politics at the Joint Center for Political and Economic Studies in Washington. "These guys are Ivy league, corporate-law-firm types," Bositis says. "You're talking about a very different political system than what Basil Paterson, Dinkins and guys like that grew up in." Going forward, he adds, there will be "competing centers of black leadership around the country, but they're not going to occupy the same level...

Author: /time Magazine | Title: Rangel, Paterson and the Fall of a Harlem Dynasty | 3/5/2010 | See Source »

...federal investigation into UBS, which led to a $780 million fine and an agreement to turn over the names of more than 4,450 suspected tax cheats, is now in tatters after Swiss courts ruled against the executive-branch deal. To get around it, a special law has been proposed to accomplish the handoff, but that may not get anywhere in the legislature either. One outcome is already known: tax evasion had become a key service of the Swiss economy, not some isolated event. "They have been outed completely because a very large chunk of their business has been shown...

Author: /time Magazine | Title: After UBS, Swiss Continue to Fight for Bank Secrecy | 3/5/2010 | See Source »

...didn't bother to check for car bombs and gave only one brief pat-down for weapons at the entrance. Inside, al-Maliki, though the head of the Islamist Shi'ite Dawa party, introduced a cross-section list of candidates running for parliament as part of his State of Law coalition. Al-Maliki's speech proclaimed that Iraq's days of misery and mistrust were over. "We defeated the terrorists," he said. "We defeated the militias. And we have begun reconciliation...

Author: /time Magazine | Title: Sectarian Tensions Remain as Iraq Prepares to Vote | 3/5/2010 | See Source »

...Iraq's reconciliation process clearly still has a long way to go. A number of times during al-Maliki's conciliatory speech, the crowd expressed its enthusiasm in an unabashedly sectarian vocabulary. "We are with you, Ali!" they chanted, referring to the son-in-law of the Prophet Muhammad, whom Shi'ites believe was cheated out of the leadership of the community of the faithful more than 1,000 years ago in the original schism with the Sunnis. (See pictures of Iraqis preparing to vote...

Author: /time Magazine | Title: Sectarian Tensions Remain as Iraq Prepares to Vote | 3/5/2010 | See Source »

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