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US drops out of top 20 in global corruption index

Transparency International says its analysis showed a clear link between having a healthy democracy and fighting public sector corruption.
NAMPA
Andrea Shalal - The United States slid four points lower on a global corruption index in 2018, dropping out of the top 20 countries for the first time since 2011, watchdog Transparency International said in a report that cited growing threats to democracy worldwide.

The group said its latest report on business leaders' perceptions of corruption put the United States at 71, down from 75, on a scale of 0-100.

That sounds a "wake-up call" about the need to tackle conflicts of interest, undue influence of the private sector and widening gaps between rich and poor, said Zoe Reiter, the watchdog's acting representative to the United States.

"This is a red flag because it's really part of a pattern that we've seen since the 2008 global financial crisis of a loss of trust ... in our public institutions," she told Reuters.

"People don't see us as having adequate mechanisms in place to fight corruption and ensure the accountability of our elected officials."

Concerns were already mounting before the election of Donald Trump, although they have been highlighted by the actions of a rich president who defied precedent to keep his personal tax affairs secret and retain his business holdings in office.

"Concerns around the Trump administration are quite serious, but this has been stewing for several years," she said. "Conflict of interest wasn't a new problem, but it was illuminated in its glory when you have someone who is basically breaking norms."

"Trump is a symptom not a cause. His presidency is illuminating some of the problems."

Rest of the world

Denmark and New Zealand had the best scores on the Corruption Perceptions Index (CPI) again in 2018, scoring 88 and 87, while Somalia, Syria and South Sudan remained at the bottom, with scores of 10, 13 and 13, TI said.

Overall, more than two-thirds of countries scored below 50 on the 2018 index, and the average was 43, said TI, which has more than 100 chapters worldwide.

The group said only 20 countries had significantly improved their scores since 2012, including Argentina and Ivory Coast. Sixteen others, including Australia, Chile and Malta, declined significantly in the same period.

The average score for EU and western European countries held steady at 66, while sub-Saharan Africa scored just 32, TI said. A score of 100 is considered "very clean", while a score of zero is highly corrupt.

Link

TI said its analysis showed a clear link between having a healthy democracy and fighting public sector corruption, and cited declining scores for Turkey and Hungary, in connection with challenges to the rule of law and press freedoms.

Hungary's score dropped by eight points to 46 over the past five years, amid troubling developments including the forced departure of the Open Society Foundation and Central European University, founded by philanthropist George Soros, TI said.

Turkey's score dropped by nine points in the same period to a score of 41, as the country was downgraded to 'not free' on a democracy ranking, TI said.

"Corruption is much more likely to flourish where democratic foundations are weak and ... where undemocratic and populist politicians can use it to their advantage," said Delia Ferreira Rubio, who chairs the global civil society group. – Nampa/Reuters

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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 338.05/OZ UP +0.31% | Copper US$ 4.54/lb UP +0.71% | Zinc US$ 2 869.50/T UP 0.15% | Brent Crude Oil US$ 88.96/BBP UP +0.08% | Platinum US$ 913.47/OZ DOWN -0.0026 Sport results: Premier League: Brighton 0 vs 4 Manchester City | Manchester United 4 vs 2 Sheffield United | Everton 2 vs 0 Liverpool | Crystal Palace 2 vs 0 Newcastle | Wolves 0 vs 1 Bournemouth LaLiga: Real Sociedad 0 vs 1 Real Madrid SerieA: Frosinone 3 vs 0 Salernitana | Udinese 1 vs 2 AS Roma European Championships Qualifying: Queens Park Rangers 4 vs 0 Leeds United | Coventry City 2 vs 3 Hull City English Championship: Queens Park Rangers 4 vs 0 Leeds United | Coventry City 2 vs 3 Hull City Weather: Katima Mulilo: 16° | 31° Rundu: 20° | 32° Eenhana: 17° | 33° Oshakati: 19° | 33° Ruacana: 16° | 33° Tsumeb: 17° | 31° Otjiwarongo: 17° | 30° Omaruru: 19° | 32° Windhoek: 16° | 28° Gobabis: 17° | 28° Henties Bay: 17° | 25° Wind speed: 19km/h, Wind direction: S, Low tide: 11:03, High tide: 05:02, Low Tide: 23:14, High tide: 17:32 Swakopmund: 16° | 22° Wind speed: 21km/h, Wind direction: SW, Low tide: 11:01, High tide: 05:00, Low Tide: 23:12, High tide: 17:30 Walvis Bay: 18° | 29° Wind speed: 28km/h, Wind direction: SW, Low tide: 11:01, High tide: 04:59, Low Tide: 23:12, High tide: 17:29 Rehoboth: 18° | 29° Mariental: 21° | 32° Keetmanshoop: 22° | 33° Aranos: 18° | 31° Lüderitz: 16° | 28° Ariamsvlei: 22° | 33° Oranjemund: 14° | 25° Luanda: 25° | 30° Gaborone: 15° | 26° Lubumbashi: 11° | 24° Mbabane: 11° | 20° Maseru: 10° | 23° Antananarivo: 15° | 24° Lilongwe: 13° | 24° Maputo: 17° | 26° Windhoek: 16° | 28° Cape Town: 16° | 23° Durban: 15° | 24° Johannesburg: 14° | 23° Dar es Salaam: 23° | 30° Lusaka: 15° | 25° Harare: 12° | 24° Economic Indicators: Currency: GBP to NAD 23.44 | EUR to NAD 20.1 | CNY to NAD 2.59 | USD to NAD 18.8 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.32 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.7 | ZWL to NAD 0.04 | BRL to NAD 3.66 | RUB to NAD 0.2 | INR to NAD 0.23 | USD to DZD 134.22 | USD to AOA 834.06 | USD to BWP 13.79 | USD to EGP 47.85 | USD to KES 134.48 | USD to NGN 1329.44 | USD to ZAR 18.78 | USD to ZMW 26.5 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 74329.37 Down -0.25% | Namibian Stock Exchange (NSX) Overall Index 1642.69 Up +6.30% | Casablanca Stock Exchange (CSE) MASI 13346.81 Up +0.49% | Egyptian Exchange (EGX) 30 Index 25917.59 Down -3.21% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 338.05/OZ UP +0.31% | Copper US$ 4.54/lb UP +0.71% | Zinc US$ 2 869.50/T UP 0.15% | Brent Crude Oil US$ 88.96/BBP UP +0.08% | Platinum US$ 913.47/OZ DOWN -0.0026