Hopes, Fears in $10 Billion Deal to Bring Taiwanese Manufacturer to Wisconsin

The $10 billion-dollar deal to bring a Taiwanese-based electronics manufacturer to Wisconsin is raising questions from critics despite the promise that the investment could provide tens of thousands of new American jobs and other long term benefits. The deal’s critics say Wisconsin taxpayers could lose money in what is the largest U.S. state tax incentive package…

read more

Tillerson Calls Violence Against Rohingya in Myanmar ‘Ethnic Cleansing’

U.S. Secretary of State Rex Tillerson says violence in Myanmar’s Rakhine state targeting Muslim Rohingya qualifies as ethnic cleansing.   “After a careful and thorough analysis of available facts, it is clear that the situation in northern Rakhine state constitutes ethnic cleansing against the Rohingya,” Tillerson said in a written statement Wednesday. U.S. officials have…

read more

Venezuela Arrests Top Citgo Executives

Venezuelan authorities arrested the acting president of Citgo, the U.S. subsidiary of state-owned Petroleos de Venezuela SA (PDVSA), along with five other senior executives Tuesday for alleged corruption. Attorney General Tarek William Saab told a press conference that interim president Jose Pereira and other managers allegedly arranged contracts that put Citgo at a disadvantage. The…

read more