Word: corrupts
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...many has worsened. Morgan Stanley estimates that GDP per capita has decreased by 2.5% annually over the past eight years. While the economies in other populous developing countries such as India and China roar ahead, crucial foreign investors continue to shun Indonesia due to the threat of terrorism, rampant corruption (a survey conducted last year by Berlin-based watchdog Transparency International ranked Indonesia as the 12th most corrupt country in the world), an often whimsical legal system, high labor costs and an obstructionist bureaucracy poisonous to commerce. Last year, investors pulled $597 million in investment capital out of Indonesia...
...tricky thing about Scruggs' challenge is that he's taking on widespread industry practices, not just a handful of allegedly corrupt hospitals. The hospital industry's main lobbying group, the American Hospital Association (AHA), says the cases are "without merit." The main contention of the lawsuits is that nonprofit hospitals aren't spending enough on charity care--a condition of their tax breaks. But the AHA points out that hospitals spent $22.3 billion on uncompensated care last year and billions more in "community benefits." The trial lawyers, the AHA insists, are diverting focus from the real crisis: a record...
...troubles have made us believe, as if under amnesia, that the choice was between war and some kind of sustainable equilibrium. It was not. The tense post--Gulf War settlement was unstable and creating huge and growing liabilities for America. First, Iraqi suffering and starvation under a cruel and corrupt sanctions regime was widely blamed on the U.S. Second, the standoff with Iraq made necessary a large American garrison in Saudi Arabia, land of the Islamic holiest places--in the eyes of many Muslims, another U.S. provocation. Indeed, these two offenses were cited by Osama bin Laden as the chief...
...state's. McGreevey never fulfilled the promise he made in his inaugural address to "change the way Trenton does business." Actually, if you add up all the scandals involving McGreevey and the men and women of his inner circle, you could say he did change the way the persistently corrupt capital operates: he made it worse...
After months of bitter complaining in conference rooms over thick coffee and cigarettes, Yasser Arafat's critics within his own Fatah Party burst into the open last week. As riots rocked Gaza, parliamentarians threatened a hunger strike unless Arafat agreed to reform his corrupt administration and hand over control of the military to a new Prime Minister to replace Ahmed Qurei, who wants to resign. But so far Arafat has remained defiant, refusing to accept Qurei's resignation, accusing opponents of a conspiracy to shove him aside and denying that he will give up any power. "I'm not going...