10 Most Corrupt Countries

Fed up with the corruption in India? Well, be glad you don't live in the most corrupt countries in the world. Here's a list

10 Most Corrupt Countries


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Latest News

  • Wall Street Week Ahead - Small banks rally pauses but may not be over  …

    The rally in regional U.S. bank stocks that followed last month's election of Donald Trump may not be over, but investors may have to wait for policy to take shape for the massive move to extend further. The S&P 600 index of small-cap banks (.SPSMCBKS) has surged more than 20 percent since Trump's surprise Nov. 8 victory, while their large-cap peers on the S&P 500 (.SPXBK) index have jumped over 17 percent. Smaller lenders could potentially add as much as 40 percent to their fourth-quarter …

  • Odebrecht apologises in ads for role in Brazil graft scandal

    Engineering conglomerate Odebrecht took out full-page advertisements in Brazil's main newspapers on Friday to apologise to Brazilians for its involvement in the country's biggest ever corruption scandal. The apology by Latin America's largest engineering firm was received with scepticism in a country with a history of political corruption and crony capitalism, and many Brazilians expressed their anger at the company on social media. More than 70 of its executives, including family patriarch …

  • Obama bars China's Fujian from buying Aixtron's U.S. business
    Obama bars China's Fujian from buying Aixtron's U.S. business

    FRANKFURT/WASHINGTON (Reuters) - President Barack Obama blocked a Chinese investment fund from acquiring the U.S. business of German semiconductor equipment maker Aixtron (AIXGn.DE) because the deal posed a risk to American national security, the Treasury Department said on Friday. Obama's executive order barring China's Fujian Grand Chip Investment Fund (FGC) from completing the acquisition of a German company with American assets was one of few such instances in which a U.S. president has …

  • Deutsche Bank to pay $60 million to settle U.S. gold price-fixing case
    Deutsche Bank to pay $60 million to settle U.S. gold price-fixing case

    Deutsche Bank AG (DBKGn.DE) has agreed to pay $60 million to settle private U.S. antitrust litigation by traders and other investors who accused the German bank of conspiring to manipulate gold prices at their expense. The preliminary settlement was filed on Friday with the U.S. District Court in Manhattan, and requires a judge's approval. Amanda Williams, a spokeswoman for the bank, declined to comment. …

  • U.S. jobless rate falls to nine-year low, payrolls rise
    U.S. jobless rate falls to nine-year low, payrolls rise

    The U.S. unemployment rate fell to a nine-year low of 4.6 percent in November, as employers added another 178,000 jobs, making it almost certain that the Federal Reserve will raise interest rates later this month. The unemployment rate hit its lowest level since August 2007 because more people found work but also because the labour force shrank as more people retired, lowering the number of working-age people in the labour force to 62.7 percent. Economists had forecast payrolls rising by …

  • Odebrecht says sorry for corruption in ads, Brazilians sceptical

    Engineering conglomerate Odebrecht took out full-page advertisements in Brazil's main newspapers on Friday to apologise to Brazilians for its involvement in the country's biggest ever corruption scandal. The apology by Latin America's largest engineering firm was received with scepticism in a country with a history of political corruption and crony capitalism, and many Brazilians expressed their anger at the company on social media. More than 70 of its executives, including family patriarch …

  • Bond yields slip on U.S. jobs data, euro steady before Italy vote
    Bond yields slip on U.S. jobs data, euro steady before Italy vote

    Bond yields fell on Friday as solid U.S. jobs data reinforced the view that the Federal Reserve would raise interest rates gradually, while stock and currency markets were cautious ahead of an Italian constitutional reform vote on Sunday. Crude futures rebounded on a weaker dollar, resuming a rise sparked by a cut in oil output agreed this week by the Organization of Petroleum Exporting Countries, the first since 2008. The strength of the U.S. November payrolls report had been seen as …

  • Wall St. little changed as bank rally pauses
    Wall St. little changed as bank rally pauses

    A U.S. Labor Department report showed employers in private and public sectors hired more people last month than economists had expected, further strengthening expectations of a hike when the U.S. central bank meets Dec. 13 and 14. "If it is in the high one hundred (thousands) on payrolls then everybody is pretty much just yawning at it," said Jeff Weniger, senior strategist at BMO Private Bank in Chicago. Major Wall Street indexes have hit a series of record highs over the past three weeks …

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