Ethical Alliance Daily News - 14 Sept 2016

-

 

Malaysia: Ringgit sinks as lower oil and 1MDB saga hurt demand
Sep 14, 2016 08:00 pm
Malaysia’s ringgit fell to the lowest in more than two months on Tuesday (Sept 13) as a decline in oil prices and a controversy involving a troubled state fund damped demand for the nation’s assets. The ringgit retreated 0.6 per […]
JBS SA, the world’s largest meatpacker, said Jose Batista Jr. will take over as the company’s interim chief executive officer as his brother Wesley Batista temporarily steps down amid a probe by Brazilian police into investments made by state-run pension […]
South Korea’s second-largest national holiday is less than a week away but the mood in the retail industry this year is less upbeat than before, with consumers conscious of an impending anti-bribery law. Before the so-called “Kim Young-ran Law” was […]
China’s graft watchdog unearthed a raft of problems at the country’s securities regulator in recent years, including illegal share trading by officials’ family members, prompting the head of the regulator to vow to eradicate corruption. The revelations came at an […]
A former California lawmaker was sentenced to six months in prison and six months in home confinement Monday for laundering a bribe accepted by his brother, also a former legislator. Thomas Calderon, 62, pleaded guilty on June 6 to one […]
Guatemala’s president said Tuesday that a son and a brother had made statements to prosecutors investigating the alleged misappropriation of funds. President Jimmy Morales addressed the nation about the case, saying both men went to the Attorney General’s Office to […]

Popular posts from this blog

The Pacific - Nepal - Eastern Europe & Central Asia

-
[Blog] How are perceptions of corruption in seven small Pacific countries? Larger Pacific Island neighbors are often garnering the lion's share of attention both from researchers and policy makers. How are the experiences of corruption in countries like Tuvalu, Tokelau, Niue, the Republic of the Marshall Islands (RMI), The Cook Islands, Palau, and Nauru? DevPolicy Blog: https://devpolicy.org/perceptions-of-corruption-in-seven-small-pacific-island-countries-20230223/   [Opinion] Two decades of new anti-corruption law in Nepal: Why it missed its mark. According to a Nepalese journalist, the Anti-Corruption law and Prevention of Corruption act of 2002 laid the foundation for numerous investigations, scandals, and court cases. To a large extent, they did however fail to enable significant conviction and return of assets. Online Khabar: https://english.onlinekhabar.com/anti-corruption-law-missing-target.html   [Blog] Growing security risks and authoritarian
Read more

Middle East & North Africa - Ukraine - Sri Lanka

-
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-
Read more

Global - Sub-Saharan Africa - Turkey & Syria

-
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
Read more