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Americans are being forced to pay significantly higher swipe fees whenever they use their credit cards than any of their peers in the industrialized world, according to a report by the Merchants Payments Coalition...

Author: /time Magazine | Title: Retailers Ready for Fight on Credit-Card Fees | 9/17/2009 | See Source »

...report, released Thursday by a coalition of retailers, supermarkets, drugstores and other businesses, found that Americans currently pay about $2 in "interchange" fees for every $100 they spend using credit cards. The fee is actually paid by retailers, though consumers feel it in a higher retail price. This rate is twice that charged in the U.K. and New Zealand, four times the rate levied in Australia and more than six times the cross-border rate charged in the European Union, the study says. (Read a brief history of credit cards...

Author: /time Magazine | Title: Retailers Ready for Fight on Credit-Card Fees | 9/17/2009 | See Source »

...Among the biggest concerns shared by human-rights activists is that police leaders are answerable only to Kibaki and face little public accountability. In his report delivered earlier this year, Alston found a "systematic, widespread and carefully planned strategy" of executions by police, but no member of the force has been tried. The government's response has been to try to get Alston removed from his position. (See pictures of China's investments in Africa...

Author: /time Magazine | Title: Kenya's Police Chief Fired: The Start of Reform? | 9/16/2009 | See Source »

...attempt to divert attention," Sam Mohochi, executive director of the Independent Medico-Legal Unit, a human-rights watchdog, says of the firing of Ali and several other police officers. "The latest task force on police reforms has yet to compile its report, so it's like stealing the thunder and pre-empting far-reaching reforms that might be promised. To us it's a political tactic...

Author: /time Magazine | Title: Kenya's Police Chief Fired: The Start of Reform? | 9/16/2009 | See Source »

...special report on the science of appetite...

Author: /time Magazine | Title: Peru's Plans for Global (Foodie) Conquest | 9/16/2009 | See Source »

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