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No Impunity for Corrupt Dictators
February 16th, 2011
The recent events in Tunisia and Egypt have demonstrated the power of citizens who won’t endure corrupt governments any longer. Their call for accountable and transparent leadership to ensure an equal distribution of public goods was heard around the world. In France, the UK and Switzerland governments heeded calls to freeze and investigate the assets of ex-president of Tunisia Ben Ali and ex-president of Egypt Hosni Mubarak and their families. There should be no impunity for those who wield power for their own benefit and not for their people. The international community...
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Wednesday’s Daily News Digest
February 16th, 2011

On the trail of Mubarak’s money The Toronto Star, February 15, 2011

Swiss to make help in tax cheat hunt easier Reuters, February 15, 2011

It’s time to put G20 anti-corruption commitments into practice, say campaigners Transparency International, February 15, 2011

Grand Jury Investigates Karzai Brother The Wall Street Journal, February 16, 2011

Iraq protesters demand jobs in countrywide rallies Reuters, February 15, 2011

Killing India's Right to Information law Global Post, February 15, 2011

Indian PM tries to soothe frustration over government corruption CNN, February 16, 2011

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More Good News in Extractive Industries
February 16th, 2011
In July of last year President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act–also known as the “financial overhaul bill”—into law. The bill created a Financial Stability Oversight Counsel, which consolidates oversight of consumer products and alert regulators to emerging threats. It established a consumer financial protection bureau, which will be housed at the Fed, and will regulate mortgage lending, credit and debit cards and other consumer loans. And it had one amendment, buried amongst all the rest, called Energy Security Through Transparency (ESTT), which requires companies listed on the U.S. stock exchange...
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The Pecora Commission: Déjà Vu?
February 14th, 2011
Seventy-Seven Years After the Pecora Commission Released It's Report on the Stock Market Crash of 1929, the U.S. Government Publishes a Familiar Document The National Commission on the Causes of the Financial and Economic Crisis in the United States has recently published its report on the Financial Crisis. The more than 600 pages of this report are a must-read for all people concerned with the last crisis and the ways to avoid a future one. I will not pretend here that I read the entirety of the document, only the conclusions, - and I did one additional reading… The good thing...
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