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Political Uncertainty Weighs on Russian Car Industry

Russian President Vladimir Putin is embroiled in a political standoff with US and EU leaders(Reuters) Russia's car industry has been hit hard by the economic downturn in the country and faces two years of stagnation, according to the head of Ford's Russian venture.  Speaking at an investment
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Brazil: Money Laundering Operation “Car Wash” Uncovers Alleged Political Bribery by Petrobras

Paulo Roberto Costa, former head of Petrobras’ refining and supply unit, has named dozens of politicians who allegedly took bribes from the Brazilian company.Costa claims that Petrobras paid out three percent of the value of new contracts to the politicians in return for favorable votes for the
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Political unrest could hit Hong Kong economy: Moody's

Hong Kong (AFP) - Ratings agency Moody's said Monday prolonged political discord in Hong Kong over China's refusal to grant the key financial hub full democracy could negatively impact the city's economy. But the agency added that the southern Chinese city would likely weather any storm caused by
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