Page 94 - Corruption Perceptions Index News Today

The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.

Heads of anti-corruption agencies in the Commonwealth Caribbean conclude their annual conference in St Kitts and Nevis with a rallying call for collaborations to strengthen anti-corruption efforts.

WHAT constitutes a favour? While the corporate sector may consider it a favour to a recipient, the Malaysian Anti-Corruption Commission (MACC) has specified that facilitation, payment, gift, entertainment, kickback, charitable contribution and sponsorship are deemed as corrupt practices in business.

In explaining the reasons for Russia’s unexpected military weakness in Ukraine, few have expressed it better than The Economist. The magazine noted

Iraq remains the largest underdeveloped oil frontier in the world, but despite its ambitious production goals, the country struggles to produce much more than 4.5 million bpd

Russia’s botched invasion of Ukraine vividly demonstrates the real-world impacts of corruption, with Russian solders forced to eat rations years out of date while their leaders bought mega-yachts.

The Commonwealth Secretary-General has called for greater collaboration among Commonwealth Caribbean member states in the fight against corruption. She was speaking at the opening of an anti-corruption conference, currently underway in St Kitts and Nevis.

From the vantage point of the West, giving in to Ankara’s demands from Finland and Sweden amounts to letting an autocrat design the security architecture of Europe.

Political spats between Pakistan Tehreek-e-Insaf(PTI) and Pakistan Muslim League Nawaz (PML-N) continue as PTI senior leader Shireen Mazari was arrested by anti-corruption establishment (ACE) Punjab and Islamabad police in a joint action on the orders of Punjab CM Hamza Shahbaz.

A few high-profile, rapid, and successful prosecutions will go a long way to changing the perception that SA is soft on corruption.