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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  • Oil up as U.S. data cools rate hike views; gasoline jumps
    Oil up as U.S. data cools rate hike views; gasoline jumps

    Oil prices rose slightly on Thursday after tame U.S. jobs and economic data signalled the Federal Reserve might be less hasty to raise interest rates and as a surge in gasoline futures drove expectations for more crude demand. Also hampering the advance was the latest data on the U.S. oil rig count from Baker Hughes. "The momentum for crude is being washed out by the rig count number showing the first rise this year, after the weaker than expected jobs report had pushed crude up on the …

  • Wall Street falls on simmering Greece worries, tepid data
    Wall Street falls on simmering Greece worries, tepid data

    U.S. stocks extended losses on Thursday after the International Monetary Fund warned Greece may need a large debt writeoff, and muted U.S. jobs data dampened the economic outlook. IMF's warning comes as Greece readies for a Sunday referendum on an international bailout deal that Prime Minister Alexis Tsipras has urged voters to reject. "The market seems to be paying more attention to what may happen with Greece as well as whether or not wage growth will pick up," said Omar Aguilar, chief …

  • IMF warns of huge financial hole as Greek vote looms

    ATHENS/WASHINGTON (Reuters) - The International Monetary Fund delivered a stark warning on Thursday of the huge financial hole facing Greece as angry and uncertain voters prepare for a referendum that could decide their country's future in Europe. Days after Greece defaulted on part of its IMF debt, the Fund, part of the lenders' "troika" behind successive international bailouts, said Greece needed an extra 50 billion euros over the next three years, including 36 billion from its European …

  • Wall Street Weekahead - Low earnings forecasts may mean profit beats, market …

    With analysts' expectations for second-quarter U.S. earnings at rock-bottom levels, many companies may well beat forecasts, possibly setting up the stock market for gains in the coming weeks. Analysts' estimates for second-quarter U.S. earnings have been dialed down sharply since the start of the year, amid concerns a strong dollar will crimp the profits of U.S. multinationals and expectations energy company earnings will drop for a third straight quarter because of low oil prices. With Alcoa …

  • BP reaches $18.7 billion settlement over deadly 2010 spill
    BP reaches $18.7 billion settlement over deadly 2010 spill

    BP Plc will pay up to $18.7 billion in penalties to the U.S. government and five states to resolve nearly all claims from its deadly Gulf of Mexico oil spill five years ago in the largest corporate settlement in U.S. history. BP shares jumped more than 5 percent in New York trading as investors said the British company, often mentioned as a potential acquisition target, could now turn the page on one of the darkest chapters in its century-long history. Under the agreement with the U.S. …

  • Ex-Goldman director, Rajat Gupta, fails to void insider trading convic …

    Former Goldman Sachs Group Inc director Rajat Gupta failed to persuade a U.S. judge to overturn his insider trading conviction for passing tips about the bank's financial results and a crucial investment from Warren Buffett's Berkshire Hathaway Inc. U.S. District Judge Jed Rakoff in Manhattan on Thursday rejected Gupta's argument that his tips to Galleon Group hedge fund founder Raj Rajaratnam were not illegal because his longtime friend gave him nothing valuable in return. Gupta, 66, who is …

  • "Every day is Sunday" for struggling Greek businesses hit by bank shut …

    Then the Greek government closed the banks. “Every day is like Sunday,” said Alexandros Vougiouklakis, standing among stacked rows of rusting cars in the industrial district of Aspropyrgos. Vougiouklakis, who founded the recycling plant with his brother in 2000, said he was unable to pay suppliers, or to carry through with orders placed for new machinery from China and France. …

  • Odisha dairy cooperative aims to double milk procurement by 2020

    Bhubaneswar, July 2 (IANS) The Orissa State Cooperative Milk Producers' Federation Limited (OMFED) on Thursday said it aims to double its milk procurement to one million litres per day by 2020. Its chairman and managing director Bishnupada Sethi said it would also augment marketing of milk from the current five lakh litres per day to 12 lakh litres per day by 2020. "The move will benefit about three lakh dairy farmers of the state," he told IANS. …



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