Word: governmentally
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Austin lands on that list too. The central Texas city of 760,000 has a few built-in advantages over other cities. The University of Texas and the state government - Austin is the capital - provide some economic stability. And as the Southwest's technology center, Austin is home to many...
The cold truth of the matter, though, is that there's not much Washington can do to gin up permanent jobs on such short notice. The federal government is a key player in engendering job growth in the long term - by establishing smart policy in areas such as trade, education...
Guatemalan officials say Portillo's efforts paid off - at least in his case. Wednesday night, a panel of judges approved Portillo's extradition to the U.S. on charges that he laundered tens of millions of dollars that he had embezzled while he was President, including $2.5 million in donations from...
U.S. prosecutors portray Portillo, 58, as a man ready to exploit his presidency for illicit gain from the moment he took office. Preet Bharara, a U.S. attorney in Manhattan, says Portillo turned "the Guatemalan presidency into his personal ATM." Guatemalan media, quoting Guatemalan government sources, have reported that Portillo's...
In the Taiwan case, according to the U.S. indictment, Portillo took three checks in 2000 from the Taiwanese government that were earmarked for Guatemala's Libraries for Peace program and deposited them in an account at Hamilton Bank in Miami that was held by a political supporter and friend. He...