July 27th, 2011
Tom Friedman has often—and correctly—observed that Americais undermining its own fight against terrorism through its dependence on oil. In case you haven’t heard the argument, here’s how it goes. Americaimports about 1,100,000 barrels of oil and petroleum from Saudi Arabia every day. With crude oil’s current price of about $100 per barrel, there’s a lot of money flowing out of America’s pockets to the Saudis. And what does Saudi Arabia do with all of this wealth? Well, we know what it does with a part of it. As Friedman has pointed out:
…private Saudi donors today still constitute the most...
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July 27th, 2011
‘Shared sacrifice’ in debt reduction should include international tax loopholes The Hill, July 26, 2011 Neal stymied as corporate taxes escape change The Boston Globe, July 26, 2011 Credit Suisse “worse off” than UBS in the US Swiss Info, July 27, 2011 ATAF holds first General Assembly in Mauritius Botswana Gazette, July 27, 2011 Spain
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July 26th, 2011
Cash-for-vote scandal: SP, BJP MPs questioned
IANS, July 25, 2011
Money vanishing into thin air
Livemint.com, July 26, 2011
Stolen State Money: Trillions Lost Annually, Only Billions Have Been Recovered
Huffington Post, July 25, 2011
US unveils sanctions against global organized crime
Reuters, July 25, 2011
East Africa: Ministries Bribing MPs is Beyond Farce
allAfrica.com, July 25, 2011
Bribing protesters a form of corruption
Daily Nation, July 25, 2011
July 26th, 2011
Last week, the World Bank unveiled a major initiative to make their funding more transparent. Through the new
World Bank Finances portal, vast amounts of information about the inner workings of the Bank's finances are now made easily accessible. This includes information about specific funds that members are supporting, and the disbursement and repayment status of thousands of projects around the world. Tools are provided to allow members of the public to comment on specific elements of the data, as well as to download datasets specifically catered to their needs. The data is remarkably up-to-date, often covering information as recent as...
