IMF chief Lagarde under investigation in France

Aug 27, 2014

IMF chief Lagarde under investigation in France

Christine Lagarde, the chief of the International Monetary Fund, was on Wednesday placed under official investigation for negligence in a French corruption probe that dates back to her days as France’s finance minister. In a statement after a fourth round of questioning before magistrates, ...

Aug 27, 2014

China's top judge lauds Zhou corruption probe

China’s top judge has said the ruling Communist Party’s decision to investigate former senior leader Zhou Yongkang demonstrates clearly that no party member is above the law, the semiofficial China News Service reported. The investigation “fully illustrates that in socialist China, no power exists ...

Aug 19, 2014

China's Xi vows to rein in runaway executive pay

China’s president has promised to rein in “unreasonably high” pay for executives at state companies in an apparent effort to mollify public frustration at the wealth of government-owned industry. President Xi Jinping’s announcement, carried by the official Xinhua News Agency, comes as the ruling ...

Aug 17, 2014

Texas Gov. Perry says indictment is abuse of power

Republican Texas Gov. Rick Perry vowed Saturday to fight a criminal indictment in a defiant response that showed an old slice of swagger that he’s kept holstered lately while seeking to remake his image for a potential 2016 presidential run. Perry called two felony ...

Texas Gov. Perry indicted over alleged abuse of powers of office

Aug 16, 2014

Texas Gov. Perry indicted over alleged abuse of powers of office

A grand jury on Friday indicted Texas Gov. Rick Perry for allegedly abusing the powers of his office by carrying out a threat to veto funding for state prosecutors investigating public corruption — making the possible 2016 presidential hopeful his state’s first indicted governor ...