Tag "Corruption"

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Europe Politics

Watchdog Report and Corruption Discourse in London

The recent resurgence of the debate around the often cosy relationship between elected Members of the UK’s House of Commons and private sector actors has been dominating headlines. It throws into sharp relief the issues around paid work by MPs alongside their parliamentary duties and essential role of advocating for their own constituents. Despite the UK’s consistently high ranking on Transparency International’s corruption index (CPI), which measures perceived corruption as assessed by experts in academia and industry, continued coverage of ‘sleaze’ (hereafter corruption) and undue influence risk damaging the UK’s reputation on an international stage.

Economics South Africa

South Africa: Political Unrest in a Vulnerable Economy

In July of 2021 political unrest peaked in several South African provinces in response to prolonged economic instability and the imprisonment of former president Jacob Zuma. The protests were amongst the worst political violence South Africa has witnessed since the end of the Apartheid. The nation’s economy was particularly vulnerable to civil unrest, and served to deepen the impact of the riots.

Europe Finance

Towards a Digital Euro: What Does It Mean for the Safety of Europe?

The digitalization of the economy and the rapid spread of virtual currencies have created unprecedented opportunities for cross-border illicit activities. The most recent proposal of the European Central Bank for the development of a central bank digital currency is no exception. Known as a digital euro, the project is envisioned to differ from crypto-assets and stable coins in its centralized oversight and control of digital transactions. Hence, by allowing a central banking authority to monitor and verify online transactions, a digital euro could facilitate the fight against organized crime in the EU. Yet, the currently proposed design possibilities of a digital euro reveal vulnerabilities to compliance with anti-money laundering and counter-terrorist financing regulations, as well as pose a significant threat to the safety of children in the digital space. 

Latin America Politics

Peru: Voters take to the polls amid a political and public-health crisis

On April 11th, Peru held the first round of its presidential elections, after which candidates Keiko Fujimori and Pedro Castillo emerged in the lead. The second and final round of Peru’s presidential election will take place this Sunday. Whoever is ultimately successful at becoming Peru’s new President will face institutional challenges exacerbated by a public-health crisis.

Africa Politics

Elections called in a Contested Ethiopia

The political crisis in the North of Ethiopia is currently one of the most notorious humanitarian disasters in global affairs. The tragedy and ferocity of the conflict has sometimes distracted from it’s trigger: the delay of the 2020 federal & regional elections. Now, one year since their postponement, Ethiopians head to the polls to contest the leading Prosperity Party’s grip on power. Whether this will prove to be an opportunity to strengthen the country’s democratic institutions or a gateway to further crises remains to be seen.

Politics Sub-Saharan Africa

The Zondo Commission: Consequences for President Ramaphosa

The Judicial Commission of Inquiry into Allegations of State Capture or the Zondo Commission, headed by Deputy Chief Justice Raymond Zondo, has been notified about the overwhelming scale of corruption and fraud involving public bodies under the presidency of Jacob Zuma (2009-2018) in South Africa. The Commission’s findings have badly damaged the reputation of the African National Congress (ANC) and South African institutions. The revelations of this ongoing inquiry highlight a pressing issue for Cyril Ramaphosa, Zuma’s successor as president: Ramaphosa must restore confidence in South African politics in order to restore the position of both his own party and South Africa’s international standing.

Latin America Politics

Alex Saab and the State of Corruption in Venezeula

The Venezuelan government of Nicolás Maduro has been accused of turning a blind eye to or engaging actively in corruption for both the personal enrichment of state officials and as part of sanction-dodging efforts. Among other individuals linked to corruption by the Maduro government, in June 2020 Colombian national Alex Saab was arrested in Cape Verde in connection with an Interpol Red Notice concerning money laundering. Now, 6 months after his arrest, it seems likely that he will be extradited to the US. How significant is Saab to the Maduro government and what impact might his extradition have?

Europe Politics

From protests to constitutional crisis: Boyko’s latest gamble

After years of stability and growth, Bulgaria is navigating a turbulent crisis while no one seems to be paying attention. What’s next for this small European country?

Economics Latin America

Crisis besets Venezuela: A failing regime?

Economic downturn, trading tensions with the USA, and international sanctions have all begun to play a role in the destruction of the Maduro regime. The possible results of this are civil unrest, economic collapse and ultimately, a failed state.

Economics Sub-Saharan Africa

Zimbabwe’s President Mnangagwa: One Year Later

Following the ousting of late President Robert Mugabe, Zimbabweans hoped for a real change. One year into the administration of his successor Emmerson Mnangagwa, there are mixed emotions.