This might be the giddiest podcast episode @NateSibley, @apmassaro3 and I ever record—not least because the last few weeks have been what many counter-klepto folks have long been waiting for.
https://twitter.com/KleptocracyIntv/status/1402985883922538496
But seriously: Been an incredible few weeks on the fight against financial secrecy and trans-national corruption. Thousands of issues remain—not least implementation—but the tide feels like it's finally, maybe, perhaps turning.
And much of it driven by the U.S.!
And much of it driven by the U.S.!
'One profitable sphere might be to fund some academics to research a more accurate assessment of the cost of corruption to the world economy, so we can find out whether it truly is between 2-5% percent of GDP.' codastory.com/newsletters/ol…
(The fact that so much of the U.S.'s surge to counter-kleptocracy leadership has been driven by the first president from *Delaware* is... not a twist I think anyone could have predicted!)
https://twitter.com/cjcmichel/status/1402994905522139144
'The best way for the democratic world to win our struggle with authoritarianism is to deny these thieves who are looting their countries access to our financial systems and to stand with the victims of kleptocracy everywhere.' csce.gov/international-…
In just the first 10 days of June 2021, we've had:
—Biden elevating corruption to a core national security threat (and specifically citing "strategic corruption")
—US Congress launching the world's first counter-kleptocracy caucus
—G7 agreement on global corporate minimum tax
—Biden elevating corruption to a core national security threat (and specifically citing "strategic corruption")
—US Congress launching the world's first counter-kleptocracy caucus
—G7 agreement on global corporate minimum tax
• • •
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