On January 27, Foreign Policy at Brookings hosted a panel discussion on economic sanctions and their implications for advancing U.S. foreign policy objectives. Moderated by Robert Bosch Senior Visiting Fellow Jim Goldgeier, the panel included experts with a combined background on the use of sanctions in the Middle East, Latin America, and North Korea: Brookings…

The foreign policy and national security choices of a country are often critical and have a strong impact on global perceptions of the country and also on its ties with other nations and international organizations. In his new book, “Choices: Inside the Making of India’s Foreign Policy” (Brookings Institution Press, 2016), Shivshankar Menon, distinguished fellow […]

Helmut Sonnenfeldt was a consequential figure in 20th century American foreign policy. A career State Department Soviet affairs specialist and major architect of U.S. policy toward the Soviet Union, he served alongside Secretary of State Henry Kissinger during a highly uncertain period. Born in Berlin, he fled from Nazi Germany in 1938, spent six years…

The Senate Foreign Relations Committee is planning on holding a meeting next week on President Donald Trump's controversial nomination to lead a federal media organization.

Benn Steil, director of international economics and senior fellow at the Council on Foreign Relations, talks interest rates and recession risks. With CNBC's Seema Mody.

Spanish Minister of Foreign Affairs, the European Union and Cooperation Arancha Gonzalez discusses the EU's response to the coronavirus crisis.

Chinese internet giant Tencent has been surveilling content posted by foreign users on its wildly popular messaging service WeChat in order to help it refine censorship on its platform at home, according to a new report.

A French Foreign Legion soldier was killed in combat in Mali, the Élysée presidential palace announced in a press release on Monday.

In this exclusive 35-minute documentary, we expose a massive and unknown fish smuggling and supply network in the Pacific Ocean. Every year, an armada of North Korean ghost ships invade the waters of the Russian Far East and Japan. From Vladivostok to North Korea, via China, our reporter Elena Volochine investigated the illegal fishing networks of the world's most secretive country, North Korea.

Health officials in Singapore said on Monday that they reported a record 1,426 new Coronavirus cases, out of which 1,410 are foreign workers, including Indians residing in dormitories, health officials said. With the fresh cases, the total number of Coronavirus cases in the city-state stands at 8,014, the Ministry of Health said.

"We are still working through the details of the cases," said the ministry in a statement. A total of 18 foreign worker dormitories have been gazetted as isolation areas, as the number of COVID-19 cases continue to rise. As of Sunday, the cluster at S11 Dormitory at Punggol remained the biggest, with 1,508 confirmed cases.

The next biggest cluster was at Sungei Tengah Lodge, with 521 confirmed cases. Though the dormitories are being disinfected and bedding accommodation re-arranged, most of these were overcrowded, leading to a large number of cases as foreign workers are now undergoing screening and testing. All foreign workers in the construction sector have been placed on mandatory stay-home notices until May 4 as a precautionary measure against the spread of COVID-19.

The Ministry of Manpower and the Building and Construction Authority noted that while the recent rise in the number of infected foreign workers has mostly been concentrated in dormitories, there have been cases at construction sites.

SL won't relax curfew
The Sri Lankan government on Monday dropped its decision to relax the nationwide curfew and extended it to April 27 following a sudden spike of 41 cases in the past 24 hours.

1,410
No. of foreign workers

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Malaysian authorities are developing draft legislation to level the tax playing field between online retailers and domestic bricks and mortar retailers.

India is proposing to levy a safeguard duty of 70 percent on imports of solar-power equipment from China and Malaysia.

US President Donald Trump has approved safeguard tariffs on imported large residential washing machines and imported solar cells and modules.

China plans to actively expand imports and open up to foreign investment by reducing tariffs and taxes, according to a work report released by the Government ahead of the annual parliamentary session.

On February 20, 2020, Malta's Commissioner for Revenue said tax payments by bank draft or check issued by foreign banks will no longer be accepted.

Hong Kong's Inland Revenue Department has released new guidance notes on the deduction of foreign taxes.

On December 2, 2019, the United States Internal Revenue Service issued final regulations on the foreign tax credit following major changes to the US tax code.

Indian Medical Students with foreign MBBS degrees can now work in India without writing the eligibility test in India. The proposal was sent by the

The Phase 3 Report on Switzerland by the OECD Working Group on Bribery evaluates and makes recommendations on Switzerland 's implementation and application of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments.

The OECD Working Group on Bribery has just completed a review of Switzerland's enforcement of the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments. The Working Group welcomes the significant level of enforcement by the Federal Office of the Attorney General. Switzerland has cracked down on the bribery of foreign public officials in recent years.

South Africa must take urgent steps to proactively investigate and prosecute foreign bribery. No foreign bribery cases have been prosecuted since South Africa joined the Convention in 2007. The 4 on-going investigations – out of only 10 allegations that have surfaced to date – are also far from reaching the prosecution stage, according to a new report by the OECD Working Group on Bribery.

Serious steps must be taken by Slovenia to ensure that it effectively detects, investigates and prosecutes allegations of transnational bribery.

20/06/2012 - The Slovak Republic must urgently meet its obligations under the Convention it signed 12 years ago and introduce an effective corporate liability regime so that Slovak companies are held accountable for the bribery of foreign public officials in cross-border business deals, says a new OECD report.

Portugal’s enforcement of its foreign bribery laws has been extremely low. Not a single prosecution has resulted from 15 allegations of Portuguese companies bribing foreign officials in high-risk countries.

The current Polish framework for fighting foreign bribery is still inadequate to fully meet foreign bribery risks resulting from Poland’s growing economy, says a new OECD report.

Poland has built up a small but solid presence in international development and should now focus its limited resources on areas where it can make the most impact, allocating more funds to bilateral aid in priority countries and sectors, according to a new OECD Review.

Poland must make urgent progress on carrying out key recommendations of the OECD Working Group on Bribery that remain unimplemented, more than four years after its Phase 3 evaluation in June 2013.

Norway has made significant progress in its efforts against the bribery of foreign public officials in recent years, according to a new OECD report. But more could be done to strengthen enforcement, including by focusing on the confiscation from companies of the proceeds of bribery.

Norway’s law enforcement institutions have demonstrated commitment and ability in combating foreign bribery using a robust legal framework. Its new Penal Code, however, could create obstacles to enforcement by potentially narrowing jurisdiction over foreign bribery committed by Norwegians abroad.

The OECD Working Group on Bribery has repeatedly recommended since 2012 that Russia rectify key legislative deficiencies in order to comply with the Convention on Combating the Bribery of Foreign Public Officials in International Business Transactions (Anti-Bribery Convention).

New Zealand must significantly increase its efforts to detect, investigate and prosecute foreign bribery. Since joining the Convention over 12 years ago, New Zealand has not prosecuted any cases of foreign bribery and only four allegations have surfaced to date. Outdated perceptions that New Zealand individuals and companies do not bribe may have also undermined detection efforts.

Canada has shown a renewed engagement in global development in the last few years. This now needs to translate into concrete action to increase aid flows and ensure that development co-operation is effective and coherent, according to a new OECD Review.

The OECD Working Group on Bribery is concerned by recent allegations of interference in the prosecution of SNC-Lavalin that are subject to proceedings in the House of Commons Standing Committee on Justice and Human Rights. The Canadian engineering and construction group is the subject of an ongoing prosecution into allegations of the bribery of Libyan officials to obtain a Can$ 58-million contract to restore a water pipeline.

The Netherlands is failing to vigorously pursue foreign bribery allegations and must do more to enforce its foreign bribery laws. Fourteen out of 22 foreign bribery allegations have not triggered the opening of an investigation, calling into question the Netherlands’ ability and proactivity in investigating and prosecuting this crime.

Turkey is a significant and geopolitically critical economy. Its companies, like those from many other countries, operate in corruption-prone sectors and countries. In spite of this, only 10 allegations have come to the attention of Turkish authorities since foreign bribery became an offence in Turkey in 2003.

In view of Turkey’s continued failure to implement key aspects of the OECD Anti-Bribery Convention and to enforce its foreign bribery laws, the Working Group on Bribery will send a high-level mission to Ankara in 2020, unless Turkey takes concrete action by October 2019.

Foreign Exchange Reserves in Burundi increased to 213443.90 BIF Million in December from 100921.20 BIF Million in November of 2019. Foreign Exchange Reserves in Burundi averaged 303116.15 BIF Million from 2011 until 2019, reaching an all time high of 542621 BIF Million in February of 2013 and a record low of 75870.10 BIF Million in December of 2015. In Burundi, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides the latest reported value for - Burundi Foreign Exchange Reserves - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Mexico has improved, but needs to give greater priority to the criminal enforcement of bribery and ensure that its criminal law enforcement authorities have all the resources and expertise they need to seriously investigate all allegations, according to a new OECD report.

The Phase 3 Report on Japan by the OECD Working Group on Bribery evaluates and makes recommendations on Japan'simplementation and application of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments.

The Phase 3 Report on Italy by the OECD Working Group on Bribery evaluates and makes recommendations on Italy's implementation and application of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments.

The Phase 3 Report on Switzerland by the OECD Working Group on Bribery evaluates and makes recommendations on Switzerland 's implementation and application of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments.

This Working Group on Bribery consultation with the private sector and civil society focused on collective action in the fight against foreign bribery.

This study focuses on the challenges that arise in providing and obtaining mutual legal assistance (MLA) in foreign bribery cases. Because these cases take place across borders, effective MLA between countries is crucial for the successful investigation, prosecution and sanctioning of this crime.

The OECD Working Group on Bribery regrets that Austria has not had a conviction of bribing foreign public officials despite a number of allegations, 13 years after ratifying the OECD Anti-Bribery Convention. However, enforcement appears to be picking up, with one case being tried, two more cases soon to be tried, and four ongoing investigations.

The Netherlands is failing to vigorously pursue foreign bribery allegations and must do more to enforce its foreign bribery laws. Fourteen out of 22 foreign bribery allegations have not triggered the opening of an investigation, calling into question the Netherlands’ ability and proactivity in investigating and prosecuting this crime.

Spain’s enforcement of its foreign bribery laws has been extremely low, with not a single prosecution out of only seven investigations in 13 years since joining the OECD Anti-Bribery Convention. Spain must vigorously pursue foreign bribery allegations and strengthen its legal framework for fighting bribery by addressing gaps in its Penal Code, says a new OECD report.

Denmark’s enforcement of its foreign bribery laws has been weak. Only 13 foreign bribery allegations have surfaced, and sanctions have been imposed in just one case that falls under the Convention. Law enforcement authorities have not been sufficiently proactive, and cases have been prematurely closed without complete investigations. Denmark must take more investigative steps and make greater efforts to gather evidence from abroad.

The Czech government must urgently engage with the private sector to raise awareness, says a new OECD report. The awareness of the Czech foreign bribery offence remains regrettably low among companies, despite the recent adoption of a comprehensive corporate liability regime that holds Czech companies liable for this crime.

The current Polish framework for fighting foreign bribery is still inadequate to fully meet foreign bribery risks resulting from Poland’s growing economy, says a new OECD report.