Transparency International - Daily Corruption News (15 Sept 2014)

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Today's top story

Chile: Business corruption in Chile: Nitrate nightmare
The Economist
Chile’s stockmarket regulator dishes out huge fines over a series of illegal share trades.


More news

Jamaica: Addressing of corruption a priority, says finance minister
Jamaica Observer
India: Rajan attacks banks for ‘outsourcing’ of risk assessment
Financial Times
Iran: Tehran’s vendors battle the streets to survive
The Guardian
Israel: Israeli court: Olmert to remain free pending appeal
Associated Press
Russia: Election shows Kremlin’s grip on Russian regions
Reuters
South Africa: Spy vs Spy
The Economist
South Korea: Three lawmakers indicted over bribery
Yonhap News Agency


Blogs and opinion

Global: The British brain surgeon who joined the fight against corruption in Ukraine
The Guardian

China: Transparency and strong rule of law are key to fighting corruption
South China Morning Post


News from Transparency International

Web feature: Tell the G20 to take action against secret company ownership: #UnmaskTheCorrupt
On the blog: Philippines: Stories from the fight against corruption

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Corruption fuels ongoing conflict. The Middle East and North Africa has been in a decline on the Corruption Perceptions Index (CPI) for years. The region is also ranked as the "least peaceful region" according to the Global Peace Index. Transparency International (TI) argues that corruption, conflict, and security are profoundly intertwined. TI: https://www.transparency.org/en/news/cpi-2022-middle-east-north-africa-corruption-fuels-ongoing-conflict   [Opinion] Ukraine's corruption purge is setting the stage for private investment-driven recovery. Corruption is regarded as a key threat to the Ukrainian economy, depriving public budgets and discouraging foreign direct investments (FDI). The current administration has taken strong anti-corruption action, and the country has witnessed a significant increase in FDI in recent years, says author. DevDiscourse: https://www.devdiscourse.com/article/business/2353089-ukraines-corruption-purge-setting-stage-...
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Invisible Trillions review: Global capitalism operates beyond the rule of law and threatens democracy. Raymond W. Baker's new book "Invisible Trillions" argues that "secrecy has become as important for corporations as transparent and taxable profits used to be". "Only radical improvements across the globe in financial transparency and accountability, and in regulatory capacity and integrity, can break this cycle of political decay and despair". The Conversation: https://theconversation.com/invisible-trillions-review-global-capitalism-operates-beyond-the-rule-of-law-and-threatens-democracy-199311   [Blog] The dynamics of violent extremism in sub-Saharan Africa. There is no better environment for the expansion of violent extremist groups than a vacuum in state authority. These groups begin to compete with the state and may even be initially attractive to communities weary of years of lawlessness, corruption, and chaos according to autho...
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