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...Ordering the Guardian Council, dominated by conservatives loyal to Khamenei, to take up Mousavi's complaint takes away the main demand around which the opposition is rallying on the streets - the allegation that the state has not followed its own laws during the election. By taking up Mousavi's complaints through the proper legal channels, Khamenei creates an acute dilemma for the opposition: the Guardian Council will deliver an answer only sometime next week, and if protests are suspended pending its outcome, it may be harder to get people back on the streets later. But an opposition that is demanding...

Author: /time Magazine | Title: Iran Election: Khamenei Calls for National Unity | 6/16/2009 | See Source »

...1970s, most highbrow firms still saw bankruptcy as an undignified fire sale. Looking to help steer more troubled companies back into the black, Congress simplified filing for both personal and corporate bankruptcy. The change got results: from 1980 to 2005, the number of bankruptcies increased sixfold. A stricter 2005 law made a dent in the number, but four years later, it's climbing once more...

Author: /time Magazine | Title: A Brief History Of: Bankruptcy | 6/15/2009 | See Source »

...entire concept of the American rule of law is blindfolded justice.' JEFF SESSIONS, the top Republican on the Senate Judiciary Committee, criticizing Judge Sonia Sotomayor, Barack Obama's Supreme Court nominee, for her 2001 remark that a "wise Latina woman, with the richness of her experiences," would be better equipped to make certain decisions than a white man would...

Author: /time Magazine | Title: Verbatim | 6/15/2009 | See Source »

Gaafar Nimeiri, 79, had a tumultuous tenure as President of Sudan. After assuming power in a 1969 coup, he became an ally of the U.S. But his 1983 imposition of Islamic law stoked tensions between the country's mainly Muslim north and largely Christian south. While on a 1985 trip to the U.S. to seek aid for Sudan's sagging economy, he was ousted in a bloodless coup...

Author: /time Magazine | Title: Milestones | 6/15/2009 | See Source »

...Once the new bill becomes law, the FDA will have the regulatory power over the tobacco industry that has eluded them over the past two decades. Among the new restrictions are a ban on tobacco advertising within 1,000 ft. of schools and playgrounds, a requirement that warning labels cover 50 percent of the front and back of cigarette packs and the end of sweetened and spice-flavored cigarettes. President Obama (who has struggled with his own nicotine addiction) lauded the bill, saying in a statement that its passage "truly defines change in Washington." He is expected to sign...

Author: /time Magazine | Title: Cigarette Advertising | 6/15/2009 | See Source »

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