Anti-Corruption/ FCPA and International Trade – India ranked less corrupt than China for the first time in 18 years, uncovering Iraq’s anti-corruption campaign, Russia’s new anti-corruption bill and more.
India Ranked Less Corrupt Than China for the First Time in 18 Years published on Wall Street Journal
Transparency International’s annual survey ranked India as less corrupt than China for the first time in 18 years as a nationwide outcry against corruption helped lift global perceptions of the South Asian nation.In the yearly ranking of least-corrupt countries, India jumped 10 places from in its ranking last year to 85th out of the 175… [ Read More ]
Iraq’s Anti-Corruption Campaign Uncovers ‘Ghost Soldiers’ In Payroll by Jose Mario Fuderanan published on China Topix
The new Iraqi government’s anti-corruption campaign has uncovered the existence of thousands of so-called “fadhaiyin” or “ghost soldiers” in the ranks of its military. Officials found out that 50,000 soldiers on the army payroll do not show up for work or exist only on paper… [Read More ]
Corruption rethink: Putin bill features more targeted approach to penalties published on RT
Russian President Vladimir Putin has drafted a new anti-corruption bill, proposing correctional labor be used as punishment and a decrease in the amount of fines for minor offences. The new motion aims to perfect the national anti-corruption legislation, reads the explanatory note published on the Kremlin website along with the draft… [ Read More ]
Falling oil prices hit Russia much harder than Western sanctions by Michael Birnbaum published on Washington Post
Plummeting oil prices are doing to the Kremlin what sanctions could not: forcing a grim rethinking of Russia’s economic future. Nine months into the worst relations between the West and Russia since the Cold War, the plunging price of oil is causing deeper and swifter pain than the Western sanctions that have targeted key areas of Russia’s economy… [ Read More ]Live Industry News
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