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Lola Nayar Interviews Kanayo Nwanze

The President of International Fund for Agricultural Development stresses that access to funds for developing countries will help them make ethical decisions in the quest for food security. Just days before the UN Climate Change summit at Copenhagen, Kanayo Nwanze, President of IFAD (International Fund for Agricultural Development), stresses that access to funds for developing countries will help them make ethical decisions in the quest for food security. Nwanze was...

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25 years and still waiting by Vidya Subrahmaniam

The Anderson saga is one more reminder that the powerful can always count on official help.  In the fall of 2002, Greenpeace campaigner Casey Harell paid a surprise visit to the New York State private estate of Warren Anderson, and found him living a “life of luxury”. Nothing odd about the discovery except that in the eyes of the law Mr. Anderson was untraceable, and had been so since 1992...

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India amongst world's most corrupt nations

India continues to be one of the most corrupt nations in the world with many of its public institutions given to rampant misdeeds. Corruption is India's bane and threatens to derail its rapidly growing economy. The country ranks a dismal 84th in a list of 180 countries, according to Transparency International's 2009 Corruption Perceptions Index, a measure of domestic and public sector corruption. The corruption watchdog says that many African,...

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Bye-bye Dubai? by Jayati Ghosh

There is much about Dubai that is artificial and based on illusion: the man-made islands designed to represent a map of the globe; the indoor ski slope in the midst of desert; the incredible hotel with glass walls looking onto a sea aquarium mimicking the surrounding ocean. Dubai had also become synonymous with excess: building the tallest tower in the world and the biggest and most expensive luxury hotels, residences,...

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Satyam Computer Fraud Grows to $2.5 Billion by Nandini Lakshman

Eleven months after B. Ramalinga Raju, the former chairman of Hyderabad-based Satyam Computer Services, confessed to masterminding a $1.2 billion fraud at Indias fourth largest I.T. outsourcing company, the dirt is still tumbling out. On Nov. 24, the country's Central Bureau of Investigation (CBI) released findings that show the alleged fraudulent accounting and embezzlement was far larger than originally thought. Raju and nine accomplices skimmed some $2.5 billion from the...

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