West ‘Facilitates Corruption in Africa’ Says Top Economist

 CNN) — Industrialized countries have been enabling corruption in Africa by providing crooked officials with a haven for their money, according to Nobel economics laureate Joseph Stiglitz. The former World Bank chief economist, one of the few economists to foresee the global financial crisis, was among the speakers at this year’s Global Poverty Summit, held… Continue reading West ‘Facilitates Corruption in Africa’ Says Top Economist

Corruption charges against Cheney dropped for $250 million

G. Johnson The corruption charges against former U.S. Vice President Dick Cheney and other corporate executives accused of bribing the government to secure a profitable natural gas deal has been dropped by Nigerian authorities. In exchange for the case’s dismissal, Cheney’s former company, Halliburton, has agreed to pay $250 million to the Nigerian government. About… Continue reading Corruption charges against Cheney dropped for $250 million