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Is Corruption an Advertising Problem?
August 4th, 2011
An explosion of anti-corruption protests this month saw effigies burnt in India, hundreds protesting in Russia, and mass riots in China. As tensions rise, the focus of the anti-corruption debate has begun to shift. Instead of seeing corruption as hurtful because it destroys the environment, weakens governments, and harms the poor, some governments have begun to see corruption as hurtful because of its economic consequences. A recent Moscow Times article by Anders Aslund incorporates this shift in thinking. Claiming corruption is so pervasive that investments to increase productivity are virtually impossible, Aslund writes: “Russia cannot build public infrastructure because standard...
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Thursday's Daily News Digest
August 4th, 2011

Paying for the revolution Executive Magazine, August 3, 2011

Did mass killer Breivik have money links to Bermuda? BDA Sun, August 3, 2011

California amnesty program for tax dodgers San Francisco Chronicle, August 4, 2011

Treasury backs Senate fight against shell corporations The Hill, August 3, 2011

Jersey considers strengthening money laundering laws BBC, August 3, 2011

Tax haven FDI to face tough scrutiny The Financial Express, August 4, 2011

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Wednesday's Daily News Digest
August 3rd, 2011
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Levin, Grassley Introduce Bill to Combat U.S. Corporations with Hidden Owners
August 2nd, 2011
WASHINGTON – Sen. Carl Levin, D-Mich., chairman of the Permanent Subcommittee on Investigations, and Sen. Chuck Grassley, R-Iowa, ranking member of the Senate Judiciary Committee, this week introduced the Incorporation Transparency and Law Enforcement Assistance Act to combat acts of terrorism, money laundering, tax evasion, and other wrongdoing facilitated by U.S. corporations with hidden owners. The bill would end the practice of the 50 States forming corporations for unidentified persons, and instead require the States to obtain the identities of the persons behind the corporations.
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