December 14th, 2010
This is no ordinary bank: The ATMs are in Latin. Priests use a private entrance. A life-size portrait of Pope Benedict XVI hangs on the wall.
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December 13th, 2010
MEP Accepted Award at Gala Dinner in Washington, DC
WASHINGTON, DC — Friday evening, Global Financial Integrity (GFI) presented its 2010 award for Exemplary Leadership to European Parliament Member Eva Joly in honor of her tireless work against corruption and fraud. Ms. Joly accepted the award at a gala dinner held in her honor at a private club Friday evening, December 10, 2010 in Washington, DC.
“Ms. Joly’s career is distinguished and defined by her work against corruption,” said...
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December 13th, 2010
The initial swell of enthusiasm for microfinance has somewhat subsided recently, as an elegantly simple idea founders on the rocks of reality. Despite the early successes of projects such as Muhammad Yunus’s
Grameen Bank in Bangladesh, billions of people from Dhaka to the Dominican Republic remain shut out of the global financial system. The scarcity of credit available to the world’s poorest is still a significant impediment to ending global poverty.
The current
crisis in the Indian state of Andhra Pradesh is a case in point. A rash of defaults- and even suicides- among borrowers have led to...
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December 13th, 2010
This year's International Anti-Corruption Day is marred by a U.S. Chamber of Commerce attempt to weaken the Foreign Corrupt Practices Act (FCPA), our nation's flagship anti-corruption legislation.
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