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Unlike the U.S., Russia doesn't view Iran's nuclear program as a major threat. "The Russians say, 'We can live with a nuclear Iran,'" says Rumer. "They don't want it, but think it's going to happen anyway." Rather than try to halt Iran's nuclear program, Moscow has offered to enrich uranium for Tehran; the mullahs have politely turned that down. Russia is skeptical that sanctions will ever persuade Iran to change tack on its nuclear program - fearing, instead, that they will just embolden Iran's hard-liners. And when all is said and done, Russia...

Author: /time Magazine | Title: The Challenge That Awaits Obama in Moscow | 7/13/2009 | See Source »

Issuing an alternative currency is perfectly legal, as long as it is treated as taxable income and consists of paper bills rather than coins. In the U.S., where local currencies were popular during the Depression, the biggest alterna-cash system is in Massachusetts' Berkshire County. Go to one of several banks there, hand a teller $95 and get back $100 worth of BerkShares, a nice little discount designed to reel in users. BerkShares are printed on special paper (by a local business, naturally--a subsidiary of Crane Paper Co., which has been printing U.S. greenbacks since 1879). And since...

Author: /time Magazine | Title: Tough Times Lead to Local Currencies | 7/13/2009 | See Source »

...know a woman--let's call her "my wife"--who swears by Spanx, special "body shaping" undergarments that magically hide her modest bulges. These New Age girdles are hugely popular with many women, but Spanx for dudes? I'd rather get a stomach staple. (See pictures of the latest mancessories...

Author: /time Magazine | Title: Spanx for Men | 7/13/2009 | See Source »

...nominee Sonia Sotomayor had come to the opposite conclusion while sitting on a federal appeals court. The narrow 5-4 ruling, issued on the final day of the term, found that officials in New Haven, Conn., relied too heavily on "raw racial results" in deciding to toss the test rather than on evidence that the exam was flawed. A dissent argued that the city reasonably feared a discrimination lawsuit and noted a history of bias in firefighting...

Author: /time Magazine | Title: The World | 7/13/2009 | See Source »

...owned specialty hospitals say they're providing more access to better quality care - and in some respects, this may be true. Patient satisfaction rates at such facilities are generally high and it's logical that a facility dedicated to just one or a few specialties could operate more efficiently. "Rather than compete in the marketplace they want to legislate us out of business," says Dr. John Harvey, president and CEO of the Oklahoma Heart Hospital...

Author: /time Magazine | Title: How Health-Care Reform Could Hurt Doctor-Owned Hospitals | 7/13/2009 | See Source »

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