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...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, immigration, health care, energy, infrastructure and taxes - but over the course of months or even a few years, there's little it can effectively do besides hiring directly or stepping in as a buyer of goods and services...

Author: /time Magazine | Title: The Workforce: Where Will the New Jobs Come From? | 3/19/2010 | See Source »

...longest economic contraction since the Great Depression. Plenty of economists think the worst is now behind us, but firms are still plagued by uncertainty about how fast the economy will recover. Nor can they plan responsibly without knowing the bottom-line costs of the massive new initiatives out of Washington on health care reform and carbon-emission regulation. Even companies that are financially fit often don't feel like taking the risk of ramping up operations and hiring more workers. There's been political pressure on banks to lend, but the problem for some bankers, like Frost Bank CEO Dick...

Author: /time Magazine | Title: The Workforce: Where Will the New Jobs Come From? | 3/19/2010 | See Source »

...February. And some Haiti watchers worry that the "interfacing" Williams mentions is just another way of saying international NGOs would keep running things in the country, as they were essentially doing even before the earthquake. That model has "gone nowhere," says Robert Maguire, a Haiti expert affiliated with Trinity Washington University and the U.S. Institute of Peace in Washington. Despite the post-quake chaos, "it's time for [Haiti] to become a state that serves its people and moves [away] from the NGO. Elections are important because they are an investment in Haiti's long-term future...

Author: /time Magazine | Title: Haiti's Next Big Crisis: How to Hold Elections | 3/18/2010 | See Source »

...captured by authorities in January near Guatemala's Caribbean coast days after a U.S. indictment was handed down, denies the accusations and calls them a political witch hunt by the U.S. and U.N. But to analysts like Joseph Tulchin, a senior scholar at the Woodrow Wilson International Center in Washington and author of Combating Corruption in Latin America, the unprecedented extradition of a former Guatemalan President "is extremely important in addressing impunity" in a country and region that are still drowning in it. (See how Guatemala's most beautiful lake turned ugly...

Author: /time Magazine | Title: Ex-Guatemala President to Be Tried in U.S. | 3/18/2010 | See Source »

...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 then allegedly wired a chunk of it to an account at Washington-based Riggs Bank and later to a Paris bank account jointly held by his daughter and ex-wife. Portillo was indicted in New York City because some of the banks and branches he allegedly used were located there. In a statement, Bharara said his office is committed "to prosecuting those...

Author: /time Magazine | Title: Ex-Guatemala President to Be Tried in U.S. | 3/18/2010 | See Source »

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