Up To The Last Drop ~ The Secret Water War In Europe:

Al Jazeera | By: Yorgos Avgeropoulos | April 16, 2018: Is water a commodity or a human right? Cities across Europe are fighting water privatisation. In 2010, water was officially recognised as a universal human right by the United Nations. However, the European Union has yet to do the same. The management of water has long been in the hands…

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In China Investigations, Messaging Platforms Can Be A Goldmine Or A Landmine:

The FCPA Blog | By: Eric Carlson | March 12, 2018: Anyone who has spent much time in China or dealt with investigations in China has probably heard of WeChat, a social media application. WeChat has over 900 million daily users, making it far and away the most ubiquitous social media platform in China. While WeChat can be used for…

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Portugal Enacts UBO And Central Company Registers:

The FCPA Blog | By: Martin Kenney | March 07, 2018: Like all EU states, Portugal is seeking to manage the thorny question of managing and recording Ultimate Beneficial Owner (UBO) information, as part of its obligations under Chapter III of EU Directive 2015/849. The Directive seeks to tackle the use of financial systems by those bent on money laundering…

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The New ID Theft ~ Millions Of Credit Applicants Who Don’t Exist:

The Wall Street Journal | By: AnnaMaria Andriotis | March 06, 2018: Synthetic-identity fraud is one of the fastest growing forms of identity theft — and the hardest to spot and combat. From a townhouse near a megachurch in Atlanta, Kelvin Lyles recruited about 300 accomplices to embark on a crime spree. His group scammed ATMs, internet retailers and credit-card…

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Public Split On Basic Income For Workers Replaced By Robots:

Gallup | By: RJ Reinhart | February 26, 2018: Americans are split in their support for a hypothetical universal basic income (UBI) program that would guarantee a minimum income for workers who lose their jobs because of advances in artificial intelligence (AI). Forty-eight percent support and 52% oppose a UBI program for workers who are displaced by technology. 48% of…

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World Bank Sanctions Healthcare Group For Hiding Agent Commissions:

The FCPA Blog | By: Richard L. Cassin | February 23, 2018: The World Bank Friday debarred two related healthcare companies for misrepresenting the amount of commissions one of them agreed to pay an agent under projects in Bangladesh. The 18-month debarments were imposed on ConvaTec International Services GmbH, based in Switzerland, and ConvaTec Malaysia Sdn Bhd, based in Malaysia.…

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China’s Insurers Try Novel Approach To Elderly Care ~ Building Retirement Homes:

The Wall Street Journal | By: Chuin-Wei Yap | February 14, 2018: Industry has spent more than $10 billion building retirement communities to address aging population’s needs. About an hour’s drive from downtown Shanghai sits a resort-like community housing hundreds of senior citizens. It is an ambitious experiment in retirement care in China. The multistory complex, which can house up…

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In The BVI, There’s Confidentiality ~ But Not Secrecy:

The FCPA Blog | By: Martin Kenney | February 14, 2018: My adopted home of the British Virgin Islands (BVI) has implemented what is known as the BOSS Act (or to give it its full title, the Beneficial Ownership Secure Search System Act), that received its assent in June last year. While flicking through various blogs and articles touching on…

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Researchers Team Up With Cities To Make Resilience A Reality:

Reuters | By: Michael Taylor | GPE – February 14, 2018: A multi-million dollar project launched on Sunday aims to connect urban officials with researchers to drive forward projects that will help cities adapt to growing pressures – from climate change to migration and unemployment. Funded by $3.7 million from The Rockefeller Foundation, the Resilience Accelerator will match on-the-ground needs…

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White House To Propose $1.5 Trillion Infrastructure Plan:

The Hill | By: Mallory Shelbourne | February 11, 2018: The White House on Monday will propose its long-awaited $1.5 trillion infrastructure package aimed at overhauling U.S. public works. The plan is structured around four goals: to generate $1.5 trillion for an infrastructure proposal, streamline the permitting process down to two years, invest in rural infrastructure projects and advance workforce…

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Book Review ~ Building ‘The Source’ Of America’s Cash Flows And Liquid Assets:

The Wall Street Journal | By: Gerard Helferich | February 09, 2018: Canals, dams and river projects — given the capital they require — have altered the course of public debt. “Why is it,” asks author Martin Doyle, “that sewers are often at the cutting edge in finance?” The question isn’t meant as a slur on the financial industry but…

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Tech Wealth Turns Attention To Affordable Housing In Seattle:

The Wall Street Journal | By: Nour Malas | February 07, 2018: Nonprofit Forterra builds $10.25 million fund with help from high-profile investors in tech world. Rising wealth from Seattle’s technology boom changed the face of a neighborhood that used to be the black community’s historic core. Now, tech wealth is joining efforts to push back against gentrification. A nonprofit…

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Identity Fraud Hits Record Number Of People:

The Wall Street Journal | By: AnnaMaria Andriotis | February 06, 2018: Equifax breach, more-sophisticated schemes drive 8% rise in victims. Some 16.7 million U.S. consumers had their identities compromised in 2017, resulting in $16.8 billion in losses, according to consulting firm Javelin Strategy & Research. The number of people affected was up 8% from 2016 and was the highest…

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Business Interest In Blockchain Picks Up While Cryptocurrency Causes Conniptions:

The Wall Street Journal | By: Kim S. Nash | February 06, 2018: Companies that move products and people through complex supply chains see promise in the technology. During Walmart’s test of blockchain traceability, a Walmart associate could check mangoes on the shelf or in the backroom and trace it back to the farm with the retailer’s smart app. Blockchain…

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Capital Needs To Connect Off-Grid Households In Sub-Saharan Africa:

Shell Foundation | By: Sam Parker (Director) | GPE – February 05, 2018: Taking stock after 15 years working on off-grid solutions to energy access, we are hugely encouraged by the progress that has been made. We are seeing scalable solutions emerging and growing commitments from governments and funders to do what is necessary to deliver universal access to energy.…

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Ethiopia ~ The Energy Revolution Starts At The Bazaar:

Clean Technica | By: The Beam | February 04, 2018: “Ninety thousand solar lanterns sold last quarter,” said Mr. Li. He was sharing sales numbers for his solar appliance business in Ethiopia and I couldn’t believe it. To put this in perspective, the Global Off-Grid Lighting Association pegs the average number of all solar lighting products sold in Ethiopia in…

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Swiss Regulator Censures Gazprombank After Panama Papers:

The Financial Times | February 01, 2018: Bank banned from taking new private clients over failings on money laundering checks. Swiss authorities have reprimanded Gazprombank, Russia’s third-largest bank, over “serious shortcomings in anti-money laundering processes” related to the Panama Papers. Finma, Switzerland’s financial regulator, said Gazprombank’s Swiss branch “failed to carry out adequate economic background clarifications into business relationships and…

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China Builds Bridges And Highways While The U.S. Mouths Slogans:

The Wall Street Journal | By: Andrew Browne | January 30, 2018: The Marshall Plan birthed a U.S.-led global order ~ now China is building a new world. The U.S. once had a grand strategy. Its post-World War II rescue program for Europe gave birth to a new global order. Dean Acheson, the U.S. secretary of state who sketched out…

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