Tag "bribery"
Brazilian Petrobras’ new face is old politics
Following the resignation of Petrobras CEO Maria das Graças Foster, the Brazilian government appointed state banker Aldemir Bendine to lead the troubled oil company. Investors are worried that the new chief
Will Brazil’s president Rousseff meddle less with economic policy?
In a document prepared for a recent conference organized by JP Morgan, Ms. Rousseff clearly exposes her new groove. Economic orthodoxy is in, experimentalism is out – or so it
Compliance risks challenge business in the Middle East
Some markets have avoided rigid laws and regulations as a comparative advantage. But that has changed lately. Compliance has gained in importance worldwide as laws approved in one corner of the
In spite of challenges, Indonesia is booming
“Indonesia is the least-unattractive country in the world” -M. Chatib Basri, chairman of the Indonesian Investment Coordinating Board Things are going pretty well for Indonesia. Since surfacing virtually unscathed from
