by Andrea | Apr 26, 2012 | small business financing, Trade and Development
Wal-Mart is accused of having paid out over US $24 million in bribes to Mexican officials in order to acquire the over 2,000 stores located in Mexico. If true, Wal-Mart has violated the U.S. anti-bribery law, the Foreign Corrupt Practices Act (FCPA), which makes it...
by Andrea | Dec 31, 2011 | new ways to finance business, small business financing, Trade and Development
“Never in history have so many nations owed so much money with so little promise of repayment,” wrote Time Magazine in the mid-1980s. Total world debt soared from approximately $100 billion in the early 1970s to nearly $900 billion dollars by the mid-1980s. (Origins...