This month was the biannual International Anti-Corruption Conference, which took place this year in Bangkok. The conference is an opportunity for a large portion of the world’s people who are thinking about corruption to get together, share ideas, learn what’s new, and of course schmooze (a bit). The theme of the conference this year was […]
This past Tuesday marked the annual release of the Corruption Perceptions Index (CPI), Transparency International’s opportunity to name and shame all over the world. This year, as in most years, there were few surprises: the index is actually designed to favor stability over dramatic changes in order not to unduly punish countries that experience an […]
With last week’s welcomed news of robust jobs growth, and yesterday’s announcement that consumer prices fell in April for the first time in 13 months as energy prices tumbled and high unemployment limited the private sector’s ability to raise prices.
Russian oil companies, including Gazprom and Lukoil, will pay $1 billion to Venezuela for the chance to develop oil reserves along the Orinoco. Even though Caracas and Moscow are allies, I still have doubts about the final payout for these businesses. In 2006 the Venezuelan government pushed out some foreign oil companies, and forced others […]