News
- Rex Tillerson, Donald Trump’s pick for Secretary of State, was director of a Bahamas-based U.S.-Russian oil firm. (Guardian)
- Trump aides pushed back against suggestions of Russian interference in the U.S. elections. (PBS)
- The Financial Stability Board, which makes recommendations to the G20, called for stronger anti-money laundering controls at banks in developing countries. (FT)
- Luiz Inácio Lula da Silva, former president of Brazil, was indicted on a fourth corruption charge, this time for allegedly accepting bribes from a Swedish aerospace company. (WSJ)
- China introduced new rules to try and strengthen private property rights. (SCMP)
- Ukraine is nationalizing PrivatBank, the country’s largest lender. (FT)
- The FBI held talks with Oleksandr Onyshchenko, the rogue Ukrainian MP accusing President Poroshenko of corruption, but has since cut ties with him. (RFE/RL)
Features
- Panama’s “revolving door” between government and offshore firms highlights the challenge of global reform. (ICIJ)
- James Henry takes a deep dive into Donald Trump’s Russia connections. (American Interest)
- Cheng Li talks to Brookings about Xi Jinping’s former classmates, close advisors, and political rivals.
- Hong Kong’s economy depends on money laundering, says Jake Van Der Kamp. (SCMP)
Recent KI posts
- Casey Michel talks to Aaron Bornstein about one of the largest bribery cases ever, and how frozen assets give the U.S. leverage over kleptocracies.
- Peter Podkopaev looks at estimates of Vladimir Putin’s private wealth, and why they all probably come up short.
- After Russia’s election interference, is it time for the U.S. to reveal Putin’s stolen wealth?
- Natalie Duffy and Victoria Korovatykh offer a quick guide to U.S. foreign lobbying laws.
- Natalie Duffy asks journalist Harry Cooper why Malta is selling EU passports to anyone with enough cash.
- KI hosted Minxin Pei and a distinguished panel of China scholars at Hudson Institute to discuss his new book, China’s Crony Capitalism. Watch the video.
