The Trump administration’s deal with a private oil company to increase oil production in the South American country could take many years to come to fruition.
Category: Corruption (Institutional)
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Treasury Scales Back Scrutiny of U.S. Shell Companies
The New York Times – Business:The Trump administration will not enforce reporting requirements of the 2021 Corporate Transparency Act, which was intended to crack down on money laundering.
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This Is the Winning Formula for Democrats in Red States
The New York Times – On the Runway:Just shy of 44 with boyish good looks, Rob Sand is very much a moderate, but he has a withering critique of the political establishment in this country.
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Prominent Tech Founder in Indonesia Is Found Guilty in Corruption Case
The New York Times – Business:The case against Nadiem Makarim, a co-founder of Gojek, has fueled concerns about judicial fairness in a nation where foreign investors were already growing wary.
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Wall Street Bankers Offered Lucrative Access to Join the Pentagon
The New York Times – Business:A presentation from a headhunting firm aimed to recruit Wall Street investors to the Pentagon by offering “unmatched access” to government officials and fund-raising opportunities among foreign sovereigns.
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With a New Nigeria Refinery, Africa’s Richest Man Wants ‘to Rescue the Country’
The New York Times – Business:Aliko Dangote, Africa’s richest man, has an ambitious vision for the continent’s most populous nation, but hurdles stand in his way.
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Nepal Charges Chinese Construction Firm for Corruption Over Airport
Nepal’s anti-graft watchdog said the state-owned Chinese firm and Nepali officials colluded to inflate the costs of an international airport in Pokhara.
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Hunter Biden Pursued a Deal to Sell Land Around the U.S. Embassy in Romania
The proposed transaction, stemming from relationships that started while his father was vice president and involving a Chinese partner, underscores the extent of Mr. Biden’s questionable business dealings abroad.
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The Fleeting Fantasy of a King Who Would Return to Save Nepal
Fury at the country’s politicians had led earlier this year to a failed royalist uprising, which may have been an unheeded warning of the popular discontent that exploded on the streets this month.
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Shawn Fain, Who Pledged to Reform U.A.W., Faces Internal Dissent
Dissidents are seeking to oust Mr. Fain as president of the United Automobile Workers union as he prepares to run for re-election next year.