The new mercy for corrupt firms that fess up

The new mercy for corrupt firms that fess upJust before its annual meeting this week, the World Bank announced that an African railroad company would be barred for two years from any new loans from the bank because of a corrupt act. This is the latest example of a legal trend in many countries, from Argentina to Singapore, as well as at the World Bank. Another assumption is that such a deal, called a deferred prosecution agreement (DPA), will provide incentives for companies to self-report misconduct.



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Kremlin cyberpower? How fight over messaging app is showing its limits.

Kremlin cyberpower? How fight over messaging app is showing its limits.Kremlin forces appear to be badly losing their latest war, but it isn’t in Syria or Ukraine. It’s in cyberspace, where Russia’s communications watchdog Roskomnadzor this week began trying to block the popular messaging app Telegram because its encoded services are allegedly “terrorist friendly.” Since the app has consistently refused to hand over its encryption keys to law enforcement, it has been a target of official ire for at least three years. Meanwhile millions of Russians – including Kremlin officials and State Duma deputies – continue to use the service despite the ban, according to business news agency RBK.



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