Tag: corruption

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Transparency Matters: An Open Letter From Fair Observer

Transparency Matters: An Open Letter From Fair Observer

Please read our statement regarding Navnoor Kang. On December 21, 2016, we became aware of a scandal involving Navnoor Kang, a portfolio manager who volunteers as chief strategy officer at Fair Observer. Preet Bharara, the United States attorney for the Southern District of New York, has charged...

The Power Paradox: Does Absolute Power Corrupt Absolutely?

The Power Paradox: Does Absolute Power Corrupt Absolutely?

In our tour of the abuses of power, it is clear that when it comes to ethical behavior, it is the wealthy and powerful who don’t play by the rules. If Machiavelli’s saying “It is better to be feared than loved” is the most widely-known power maxim (and largely wrong), Lord Acton’s...

Rio Olympics: Winds of Change or Tides of Turmoil?

Rio Olympics: Winds of Change or Tides of Turmoil?

Can the Olympic Games help Brazil through its economic problems? As many sporting fans await the start of the Olympics, it is hardly an understatement that the host country, Brazil, faces a number of economic and political challenges. Some of the many problems include an ailing economy and an...

Misguided Tax Targeting Fosters Inequality in Mexico

Misguided Tax Targeting Fosters Inequality in Mexico

Mexico has one of the worst tax systems of all industrialized countries. Juan Armando Hinojosa Cantú, a Mexican construction contractor and business tycoon, is famous in Mexico for his alleged role in building a $7-million mansion for the first lady—best known as the president’s “White...

The Farce of the Rio Olympics

The Farce of the Rio Olympics

The Rio 2016 Olympic Games are a representation of the many opportunities lost by Brazil. Brazil—that is, Rio—is about to host what is perhaps the most important event of the multi-billion-dollar global industry that we call sports. You know, the Olympic Games, that exciting TV show that is...

The World This Week: Dilma Ousted as Bleak Future Bedevils Brazil

The World This Week: Dilma Ousted as Bleak Future Bedevils Brazil

Brazil’s economic downturn and political turmoil will exacerbate existing problems such as poverty, inequality and crime. For many in the world, Brazil is the land of Pelé and o jogo bonito, or the beautiful game, as Brazilians call football. It is also home to the Amazonian rainforests,...

How to Understand Corruption in Brazil

How to Understand Corruption in Brazil

Historical and structural problems lead to corruption in Brazil. In Brazil, two cars drive on a highway in opposite directions. When crossing each other, one of the drivers frantically flashes the headlights. This is a scenario that nearly every Brazilian will understand: It means that police...

Ukraine Struggles to Keep Politics Out of Anti-Corruption Drive

Ukraine Struggles to Keep Politics Out of Anti-Corruption Drive

In Poroshenko’s Ukraine, politics and justice are often mixed. In the early morning darkness of October 31, Gennady Korban opened his door to find a group of imposing men in black balaclavas staring down at him. A state special investigator emerged from the group with a binder and proceeded to...

What Happened to Brazil?

What Happened to Brazil?

Latin America's largest country once looked ascendant. Now it's been laid low by widespread violence, structural racism, endemic corruption and external economic shocks. In the 2014 FIFA World Cup, Germany not only ousted Brazil from the semifinals. It gave the legendary team a drubbing—7...

India’s Long Quest for Modernity

India’s Long Quest for Modernity

In this special edition of The Interview, Fair Observer talks to Atul Singh, the founder, CEO and editor-in-chief of the organization. India is well-known for its inefficient legal system with archaic laws that hobble its economy. While the country is trying to forge ahead by increasing its...

When Corruption Becomes Oppression in Bangladesh

When Corruption Becomes Oppression in Bangladesh

Maria Khwaja Bazi explores the systemic corruption hindering the effectiveness of educational investment at a Dhaka school. A city of 16 million people, Dhaka is an assault on the senses. In April 2014, we whizzed through traffic behind the caged door of a rickshaw to visit a small private...

Xi Jinping’s Crusade on Corruption in China

Xi Jinping’s Crusade on Corruption in China

Xi Jinping’s crusade on corruption in China has dual goals of promoting good governance and reducing the widening income gap. In 2014, China was ranked 100 out of 178 countries in Transparency International’s Corruption Perceptions Index. Since taking office in 2013, President Xi Jinping...

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