Transparency International News
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Angola, Africa’s second-biggest oil producer, plans to start a publicly traded bond market in the third quarter as it seeks to boost investment, according to Archer Mangueira, president of the Capital Markets Commission.
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The Levada Center, a Russian independent pollster, may be forced to close after prosecutors said it may be violating President Vladimir Putin’s law on foreign agents, said Lev Gudkov, head of the researcher.
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Hong Kong lawmakers adjourned a public hearing today attended by Timothy Tong, the former head of the city’s anti-graft body being investigated for corruption, expressing dissatisfaction with his answers to questions on the agency’s spending during his five-year term.
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Malaysia Prime Minister Najib Razak stocked his Cabinet with party stalwarts ahead of a leadership test after a poor showing by his coalition’s ethnic Chinese partners led to its narrowest election win since independence.
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Hong Kong’s anti-graft agency will investigate its former head amid allegations of corrupt practices and misconduct after he spent more than $100,000 on gifts and travel during his term.
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Hungary distributed tobacco sale- permits in the city of Szekszard after members of Prime Minister Viktor Orban’s party vetted applicants for political loyalty, the news website HVG.hu said, citing a recording from a meeting.
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The Philippines, Asia’s fastest- growing economy after China, needs to do more to finally lose its decades-old tag as the “Sick Man of Asia,” according to the country’s president.
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Like other would-be tiger economies, Vietnam faces a trifecta of new threats: a crisis-paralyzed Europe, a faltering America, and a newly spendthrift Japan. Yet the biggest risk to the nation’s future may be old-fashioned nostalgia.
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President Vladimir Putin’s crackdown on corruption is vital to Russia’s future. It’s also certain to fail unless he recognizes the shortcomings of his methods.
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Sub-Saharan African nations outside South Africa are selling $7 billion of debt this year, more than in the past five years combined, as yields more than double those of Treasuries lure investors repelled in the past by violence and corruption.
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