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...officials to present the findings. Among the litany of sobering statistics: 5.4 million people die each year - one every six seconds - from lung cancer, heart disease or other illness directly linked to tobacco use. Smoking killed 100 million people in the 20th century, and the yearly death toll could pass 8 million as soon as 2030 - 80% of those deaths will be in the developing world, where tobacco use is growing most rapidly. "We're on a collision course," said Dr. Douglas Bettcher, director of WHO's Tobacco Free Initiative...

Author: /time Magazine | Title: Smoking Will Kill 1 Billion People | 2/7/2008 | See Source »

...property prices to spending on luxury goods. The annual fee isn't official yet, and won't be until after Feb. 28 - the final day of the "consultation" period in which the Treasury will listen to arguments for and against it. But the consensus is that the law will pass. Already, says Paul Knox, a wealth adviser at JPMorgan Private Bank, "there is a trickle of people who have decided they have to leave. The problem is that a trickle can become a flow. The smart people are always ahead of the curve, and there are some pretty smart people...

Author: /time Magazine | Title: Take the Money and Run | 2/6/2008 | See Source »

Then there are Singapore's new trust laws, which help the rich keep their fortunes in the family by letting them pass assets on to beneficiaries tax-free. And the perks strongly favor foreigners. "To get all the benefits one must not be Singaporean, nor should one's beneficiaries be Singaporean," says Michael Troth, Asia-Pacific head of global wealth-structuring for Citigroup. As a result, says Troth: "Singapore is becoming the predominant provider of trust services to our Asian clients...

Author: /time Magazine | Title: Take the Money and Run | 2/6/2008 | See Source »

During her first premiership, she failed to pass a single piece of major legislation. At the same time, the anti-corruption organization Transparency International named Bhutto’s Pakistan one of the three most corrupt countries in the world. Her government was accused by Amnesty International of having a long record of torture, extra judicial custody and killings. She appointed herself head of her political party, the Pakistan People’s Party (PPP), for life, and her feuding brother was shot dead under highly suspicious circumstances. Her brother’s wife and daughter all held Bhutto responsible...

Author: By Vinay Sitapati | Title: Bhutto: Rebranding a Legacy | 2/6/2008 | See Source »

...week, no plane ride or press conference could pass without Barack Obama's spokesmen and surrogates lamenting the power of the Clinton machine. Three days before Super Tuesday, Obama's campaign manager, David Plouffe, even warned in a campaign memo that the opponent was so mighty that Obama might have a tough time winning a single contest outside of his home state of Illinois. After Obama's 13 state wins on Super Tuesday, compared to Hillary Clinton's 8 (with New Mexico still too close to call), either Obama's spin doctors are very good or his pollsters are historically...

Author: /time Magazine | Title: For the Dems, a Dead Heat Gets Hotter | 2/6/2008 | See Source »

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