Word: telecom
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Dates: during 2010-2010
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...than 160 schools. In the U.S. alone it runs 21 élite Catholic prep schools, a university in Sacramento, Calif., and some of the only seminaries for teenage boys in the U.S. at a time when the American priesthood's ranks are thinning exponentially. In Mexico, the children of telecom billionaire Carlos Slim, one of the world's richest people, have attended its academies. In fact, like its rival conservative organization Opus Dei, the Legion counts some of the world's wealthiest Catholics among its followers - its lay membership, known as the Regnum Christi, or Kingdom of Christ, numbers some...
...there was no enforcement mechanism in place to put them into line. Ann Mettler, head of the Lisbon Council, a Brussels-based think tank, says European leaders have been too cautious about reform, backing off, for example, when it comes to tackling energy oligopolies and inefficient, formerly state-run telecom operators. "We are in a state of crisis," she says. "We can't just have a battery of lofty goals and feel-good measures. We need political will to address Europe's real shortcomings...
Thaksin Shinawatra, the billionaire telecom tycoon who served as Thailand's Prime Minister before being ousted in a military coup, may be a billionaire no longer. On Friday, Thailand's Supreme Court ruled that the government could seize $1.5 billion of the fugitive politician's $2.3 billion in frozen assets after concluding he had enriched himself at the expense of the state through abuse of power and conflicts of interest when he led the country from 2001-2006. The court ruled that the remaining $800 million will stay frozen pending calculation of interest and the settling of other cases...