corruption

Pakistani Lawmakers Elect Ousted PM Nawaz Sharif’s Ally as Replacement

By Asif Shahzad and Drazen Jorgic ISLAMABAD, Aug 1 – Pakistani lawmakers on Tuesday elected former petroleum minister Shahid Khaqan Abbasi, an ally of ousted leader Nawaz Sharif, to replace him and the new premier immediately sought to project an image of stability. Lawmakers of the ruling Pakistan Muslim League (Nawaz) party banged on benches

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Pakistan Set to Elect New Prime Minister on Tuesday

By Drazen Jorgic and Asif Shahzad ISLAMABAD, July 31 – Pakistan’s lawmakers will elect a new prime minister on Tuesday to replace ousted leader Nawaz Sharif, with ruling party stalwart Shahid Khaqan Abbasi expected to become interim leader until Sharif’s own brother is eligible. The confirmation from parliament came after Pakistani President Mamnoon Hussain convened

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The Men Behind Modi’s Demonetization Policy

By Arfa Shahid India made a major economic move by demonetizing 500 and 1,000 Rupee notes and introducing a new 2,000 Rupee note, but what many don’t know is that this policy was created and presented to Indian Prime Minister Narendra Modi by Arthakranti Sansthan, an NGO, founded by social activist and mechanical engineer Anil Bokil.

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Narendra Modi’s Black Money Move

Could India’s demonetization cause more harm than good? By Jyoti Malhotra India is either in the throes of a man-made cash crisis or on the verge of a new economic dawn. Depending on whom you speak to in the days following Prime Minister Narendra Modi’s decision on November 8 to demonetize the Rs 500 and Rs

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Panama Papers Source Breaks Silence, Denies Being a Spy: German Newspaper

BERLIN, May 6 – Sueddeutsche Zeitung said on Friday that the source of millions of documents leaked to the German newspaper from Panamanian law firm Mossack Fonseca had sent them a manifesto, saying his motivation was the “scale of injustices” the papers revealed. The source had never before publicly stated why he leaked the documents,

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Bribery for Services Rampant in Mideast, North Africa, Research Finds

By Ellen Wulfhorst NEW YORK, May 3 (Thomson Reuters Foundation) – Roughly one in three people in the Middle East and North Africa has recently paid bribes to public officials and for services such as medical care and electricity, and most people say corruption is growing, a watchdog group said on Tuesday. Only a fifth

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Panama Seizes Mossack Fonseca Files, Makes No Arrests

PANAMA CITY, April 14 – Panamanian authorities seized scores of digital files after a 27-hour raid on the offices of Mossack Fonseca, the law firm at the center of the “Panama Papers” leaks scandal, but have made no arrests, officials said on Wednesday. The government said it was seeking evidence of any illegal activities at

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Panama to Form Commission to Review Financial Practices

By Christine Murray and Elida Moreno PANAMA CITY, April 6 – Panama said on Wednesday it would form an independent commission to review the country’s financial practices following the leak of information from a local law firm that has embarrassed a clutch of world leaders. “The Panamanian government, via our foreign ministry, will create an

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Panama Papers Probes Opened, China Limits Access to News on Leaks

By Ben Blanchard and Lisa Jucca HONG KONG/BEIJING April 5 – Authorities across the globe have opened investigations into the activities of the world’s rich and powerful after a cache of leaked documents from a Panamanian law firm showed possible wrongdoing using offshore company structures. The “Panama Papers” have cast light on the financial arrangements

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