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...grow in 2009: China's and India's. Brazil's government still thinks it can eke out positive growth for the year too, although outside forecasters don't quite buy it. Let's call these three countries the BICs. BRIC - for Brazil, Russia, India, China - is the better-known acronym, coined in 2001 by Goldman Sachs chief economist Jim O'Neill as shorthand for the globe's emerging economic giants. In mid-June, leaders of the four BRICs even held their first summit meeting. But Russia, a resource-rich land with an otherwise feeble economy and a shrinking population...

Author: /time Magazine | Title: Let Someone Else Buy | 7/13/2009 | See Source »

While these places are known as specialty hospitals, most do not resemble acute-care, all-purpose community health-care institutions. For one thing, they tend to sell themselves on the promise of comfort, if not luxury, with at least a few offering wine with gourmet meals and on-campus hotels for friends and family. More importantly, about half don't have any kind of emergency department and of those that do, more than half have only one bed available, according to a 2008 report from the inspector general of the Department of Health and Human Services. Even more troubling...

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

...Democrat from California, began a crusade against doctor conflicts of interest more than two decades ago, and successfully got legislation passed in 1989 that prohibited doctors from, among other things, having a financial stake in labs that performed tests for their patients. The Stark Law, as it became known, has been strengthened over the years to include more facilities and apply to Medicare and Medicaid payments. But the loophole allowing for doctor-owned specialty hospitals has remained open despite repeated attempts to close it. Now that the country is grappling with how to reform the entire health-care system, Congress...

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

...effect of this change in tone, style and message will not be known for some time. What's more, it can be difficult to measure results in international affairs - to say conclusively, for instance, that Russia's cooperation on nuclear-weapon reductions could not have happened under the Administration of President John McCain or that the willingness of China to increase pressure on North Korea is anything more than a response to the rogue nation's increasing belligerence. (See pictures of Obama's meeting with the Pope...

Author: /time Magazine | Title: The Five Pillars of Obama's Foreign Policy | 7/13/2009 | See Source »

...What is known now, however, is the outline of Obama's operating philosophy of world affairs, a set of principles and assumptions that were only hinted at during the protracted presidential campaign. So what is the new Obama Doctrine? Here are five of its central pillars...

Author: /time Magazine | Title: The Five Pillars of Obama's Foreign Policy | 7/13/2009 | See Source »

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