(August 30, 2004) Considering the potentially grave consequences of the Securities and Exchange Commission (SEC) authorizing the massive trading of a Mega-Swap of Argentine Sovereign Debt Bonds.
Court ruling tightens net on Pinochet
(August 28, 2004) Former Chilean dictator Augusto Pinochet is a step closer to being tried for atrocities committed under his 1973-1990 regime after a court stripped him of immunity from prosecution.
Prosecute Pinochet
(August 27, 2004) Augusto Pinochet must have thought he was in the clear when he gave a television interview to a Cuban-American journalist last year. Chile’s Supreme Court had ruled him mentally unfit to stand trial in 2002, and it looked as if he would never have to face justice for the crimes of his reign from 1973 to 1990.
In Kenya, corruption fight sign of times
(August 27, 2004) Visitors arriving at Nairobi’s international airport are greeted with this sign at passport control: "No bribes should be given or accepted whether demanded or not.
U.N.’s big debt to Iraq
(August 26, 2004) It was supposed to be oil for food in Iraq, but the largest humanitarian program ever launched by the United Nations turns out to have been grease for friends – Saddam Hussein’s friends.
Banks ‘laundered’ Iraq oil for food payments
(August 26, 2004) Two European banks were yesterday accused by the US Treasury Department of helping Saddam Hussein launder money stolen from the UN oil-for-food programme.
Terrorism and rising crime hound Iraq, says Allawi
(August 25, 2004) Interim Prime Minister Iyad Allawi called for Iraq’s national debt – the highest in the world as a percentage of GDP – to be largely forgiven "so that future generations of Iraqis are not made to suffer for the wrongs of the Saddam regime.
Terrorist Stocks?
(August 25, 2004) The biggest public pension funds in the U.S., having wrestled with everything from apartheid to tobacco to corporate governance, have a new issue to worry over.
U.N. chief backs body to compensate war victims
(August 23, 2004) U.N. Secretary-General Kofi Annan backs a permanent U.N. body that would provide reparations for victims of wars.
Mega told to swear in anticorruption judges
(August 21, 2004) The Supreme Court has asked President Megawati Soekarnoputri to swear in Anticorruption Court judges to speed up the trial of corruption cases.
World Bank reviews policy on oil
(August 20, 2004) The World Bank has adopted new financing regulations aimed at preventing corrupt leaders from shoring up their regimes using oil and gas revenue, it announced this week.
Cambodia hopes to woo investors
(August 20, 2004) Cambodia has promised reform in an effort to attract foreign investors. Prime Minister Hun Sen said the government will reduce costs for businesses, cut bureaucracy and strengthen the rule of law. Dramatic falls in foreign direct investment, criticisms from the World Bank over corruption and a fall in the forecast growth rate prompted the move.
Editorial: Ending corruption helps end poverty
(August 20, 2004) A squeaky-clean reputation for business and government is usually an excellent guide to a country’s prosperity and economic openness. The Apec Business Advisory Council has put the fight against corruption at the top of its list of key issues.
Schroeder pledges to help rebuild Iraq
(August 18, 2004) Chancellor Schroeder said today that the German government is ready to "substantially" reduce Iraq’s debts to Germany to ensure more funds were put to the post-war reconstruction of the country.
Shady Acres
(August 16, 2004) Richard Bentley, the 18th-century English scholar, once observed that "no man was ever written out of reputation but by himself." It is so, too, with corporations. A striking demonstration of this is Acres International.


