December 13, 2024 - 03:54
Transparency International, a prominent global coalition dedicated to the fight against corruption, has made a significant appeal to the Conference of States Parties to the United Nations Convention Against Corruption (UNCAC). The organization is urging member states to implement comprehensive reforms in political financing to enhance transparency and accountability in political processes worldwide.
In its recent statement, Transparency International emphasized that the integrity of democratic systems is increasingly under threat due to opaque financing practices. The coalition highlighted that without clear regulations and transparency in political donations, the influence of money can undermine the democratic process, leading to corruption and the erosion of public trust in government institutions.
The organization called for the establishment of stringent rules governing political donations, including the disclosure of funding sources and the imposition of limits on contributions. By advocating for these changes, Transparency International aims to ensure that political financing is conducted in a manner that is fair, transparent, and accountable, ultimately strengthening democracy and promoting good governance globally.
September 19, 2025 - 02:12
American Express Increases Platinum Card Fee and Introduces New BenefitsAmerican Express is set to increase the annual fee for its Platinum card from $695 to $895, effective as early as December 2025 or January 2026. This significant hike comes alongside a suite of new...
September 18, 2025 - 06:36
Empowering Kids with Financial Literacy for a Brighter FutureWhen it comes to savings or smart investments, your kids can get a jump start on their future. Teaching children about financial literacy is essential for helping them develop good money habits...
September 17, 2025 - 21:31
Federal Reserve Indicates Future Rate Cuts and Upgrades GDP OutlookIn a significant move, the Federal Reserve has lowered interest rates by a quarter point, adjusting its benchmark to a range of 3.75% to 4.00%. This decision reflects the central bank`s updated...
September 17, 2025 - 00:02
US Stock Market Experiences Decline Ahead of Fed DecisionUS stocks experienced a downturn as the countdown to a crucial Federal Reserve decision continues. This comes on the heels of a record-setting day for Wall Street, where indices had reached new...