Secretary of State John Kerry made his third visit to Nigeria in 20 months this week, talking in the most explicit terms any top-level American official has used to explain the direct link between corruption and terrorism.
Entries in John Kerry (5)
Shruti Shah on the U.S. response to the Panama Papers: A step in the right direction but more action is needed
The massive leak dubbed the Panama Papers has given the UK Anti-Corruption Summit on May 12 an unexpected boost. Those coming to the summit, now including the U.S., are lining up to make announcements about the steps they are taking to tackle corruption and specifically financial secrecy.
At the World Economic Forum in Davos Thursday, Secretary of State John Kerry highlighted the links between corruption and unrest in countries including Libya, Yemen, Burundi, and Iraq.
Secretary of State John Kerry was in Sofia Thursday, where he told Bulgaria's leaders they need to step up the fight against corruption because it has allowed Russia to exert too much influence.
We've been talking for years here at the FCPA Blog about the dangers of uneven anti-bribery enforcement among capital-exporting nations. I've written about what happens when some capital-exporter enforce a bribery prohibition while some do not; in particular, when the United States enforces and China does not. Not only can it put Chinese companies at a competitive advantage, but it will tend to promote the dominance of Chinese firms, and its government, in some of the more corruption-prone markets, particularly Africa.