September 13, 2018

China’s economic expansion into Africa has benefited Beijing tremendously by allowing access to natural resources. Yet it forced the continent’s national governments to borrow heavily for infrastructure projects. Moreover, with China’s expansion came unmitigated corruption that no one bothers to hide anymore. Why should America care? Because China’s strategy in Africa is the reflection of […]

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Brussels has redoubled efforts to combat money laundering and terrorist financing with proposals to give the European Banking Authority (EBA) a powerful new mandate to impose sanctions directly on the banks of member states. A series of measuresthat would make Europe’s banking supervisor the ultimate arbiter in the most serious cross-border money-laundering cases were announced […]

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