Tagged: corruption

February 25, 2026 @ 10:51 am By Omar Faridi  |  

UK Finance pointed out that the latest Corruption Perceptions Index (CPI) from Transparency International delivers a sobering message for the United Kingdom: progress against graft has stalled, and decisive action is now essential. Released in early 2026, the 2025 CPI shows the UK’s score slipping… Read More

March 14, 2025 @ 5:23 pm By Omar Faridi  |  

Bolivia finds itself dealing with a severe economic crisis, marked by a drastic shortage of U.S. dollars and declining foreign currency reserves. This situation is somewhat similar to what nearby nations are dealing with as well, particularly Venezuela and El Salvador. Moreover, the broader LatAm,… Read More

August 27, 2020 @ 10:00 pm By Omar Faridi  |  

Venezuela is experiencing one of the worst economic crises in history. The South American country’s national currency, the Bolivar, has become practically worthless due to extremely high levels of hyperinflation (about 10,000,000% during 2019). Venezuela’s residents are also suffering due to serious socioeconomic challenges, as… Read More

March 29, 2020 @ 3:38 pm By Omar Faridi  |  

The US Department of Justice (DOJ) is alleging that several Venezuelan leaders and politicians, including President Nicolas Maduro, took advantage of their positions, financial systems, and virtual currencies to conceal and carry out criminal activity for more than two decades. An indictment released on March… Read More

April 27, 2018 @ 1:00 pm By Cali Haan  |  

Malta’s cabinet has approved three bills to regulate cryptocurrency and blockchain industries within the country, including ICOs (Initial Coin Offerings). The legislation will next be addressed in the Malta Parliament. ICOs are regarded by some as an innovative, efficient, disruptive and democratic means of funding… Read More

February 1, 2018 @ 9:42 am By Erin Hobey  |  

Venezuela has issued a White Paper on its proposed cryptocurrency Petro (PTR). Petro has its origin in former President Hugo Chavez’s controversial idea of a strong currency backed by raw materials, in this case, petroleum; Venezuela is recognized as having the largest oil reserves in the… Read More