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...from his limited success with Than Shwe during a previous meeting in 2008, convincing him to allow outside humanitarian assistance into the country after Cyclone Nargis. But he is far from the first diplomat to fail to persuade Burma's generals to entertain any serious notion of real political reform. Going forward, Ban said he would brief the U.N. on the visit, and the organization would monitor the regime's progress on his proposals, which he did not outline in detail, save for saying election laws and an election commission should be established, and that all political prisoners should...

Author: /time Magazine | Title: Ban Ki-Moon Leaves Burma Disappointed | 7/5/2009 | See Source »

...very compelling case against Goldman Sachs, but I think the problems it identifies are pervasive in financial firms and corporate America in general," says Nell Minow, who is the co-founder of the Corporate Library, a research firm that tracks corporate-governance issues. "We need to launch substantive financial reform rather than weighing the faults of one firm versus another." Minow's point is this: spend too much time on Goldman and you miss the fact of how broadly the financial system and the regulations that are supposed to keep profiteers in check failed us. And she's right...

Author: /time Magazine | Title: Goldman Sachs vs. Rolling Stone: A Wall Street Smackdown | 7/3/2009 | See Source »

...there a solution to California's dilemma? A number of reforms are receiving attention. On the tax and budget side, these include eliminating the need for a two-thirds majority vote on budget and tax matters and instituting a split-roll for property taxes that would allow homeowners to continue to pay according to the low rates mandated by Proposition 13, but require commercial property to be assessed at market value. To relieve the logjam in California politics, momentum is growing for an open primary system, in which the two top vote getters in the primary, regardless of party, would...

Author: /time Magazine | Title: California's Budget Crisis: Is There a Way Out? | 7/2/2009 | See Source »

...lawmakers continue to struggle to find a way to pay for a health reform that could cost $1 trillion or more over the next decade, Barack Obama seems to be opening the door a little wider to an approach he soundly rejected when John McCain proposed it during last year's presidential campaign: taxing the health benefits that employers provide their workers. "This argument has evolved," he said Wednesday at a town-hall meeting on health care in Annandale, Va. And it appears that Obama...

Author: /time Magazine | Title: Will Obama Tax Employer-Provided Health Benefits? | 7/2/2009 | See Source »

...Swedish Prime Minister Fredrik Reinfeldt - whose country has just taken over the E.U.'s six-month presidency - has acknowledged that the 27-nation bloc has a delicate balancing act to perform. He told reporters on Wednesday that the E.U. should show support for calls for reform from the people of Iran but "must not polarize Iran from the rest of the world so that we are made an excuse for the use of violence and oppression inside Iran." (See the top 10 Ahmadinejad-isms...

Author: /time Magazine | Title: How Should Europe Respond to Iran? | 7/2/2009 | See Source »

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