A money-laundering scandal is casting Moldova’s judiciary in an unfavorable light and is raising concerns about the government’s commitment to reforms needed to keep European Union integration on track.
There are three ways Central Asian guest workers travel to Russia, the magnet that draws millions of Kyrgyz, Tajiks and Uzbeks each year. The most expensive is by plane. Train is less pricey. Bus is cheaper still, but it’s also the slowest and most prone to scams from beginning to end.
Tajikistan, the poorest country to emerge from the Soviet Union, has one economic asset of note – Talco, an aluminum smelter that, in a good year, pulls in hundreds of millions of dollars. For years, the state-owned company has been notoriously non-transparent.
World soccer's governing body, FIFA, is facing new allegations of corruption over its contentious decision to award the 2022 World Cup to Qatar. Britain's "Sunday Times" newspaper recently revealed it had evidence that a Qatari football official spent $5 million in bribes to FIFA officials in exchange for their support for the country's bid to host the event.
A mysterious mansion on the Catalan coast with an apparent Kazakhstani connection is spurring an environmental controversy. Local authorities are conducting a probe to determine whether graft was involved in the granting of permits to build the estate in an ecologically protected area.
When Kazakhstan’s president, Nursultan Nazarbayev, rang the bell to open trading on the London Stock Exchange (LSE) in late November 2006, he was symbolically ushering in a new era. Companies flush with cash from Kazakhstan’s energy-driven economy were flocking to list in London, where they were welcomed as rising stars.