Welcome to Kleptocracy.
A new Substack from Hudson Institute on how corruption is reshaping global politics and security.
Welcome to the first edition of Kleptocracy, a free weekly Substack from Hudson Institute’s Kleptocracy Initiative (KI) exploring how transnational corruption is reshaping global politics and security.
Compiled by Hudson researchers Paul Massaro, Casey Michel and Nate Sibley, Kleptocracy will not only feature the latest KI content but other new research and expert insights, too. And as the successor to our popular Kleptocracy Watch newsletter, Kleptocracy will deliver the week’s most important news and developments from around the world straight to your inbox.
Make sure to follow KI on Twitter and subscribe to our weekly podcast, Making a Killing. This week we spoke with former senior State Department official Dr. David Asher about how 9/11 reshaped America’s fight against illicit financial networks.
And at 3:00 PM (ET) today, join KI’s Marshall Billingslea and Nate Sibley live in conversation with Mauricio Claver-Carone, president of the Inter-American Development Bank, about how corruption has affected Latin America and the Caribbean’s Covid-19 response.
Best,
Paul, Casey and Nate
New from KI
America enabled Afghanistan’s corruption for years. The Taliban knew it. | Casey Michel, NBC Think
Time and again, the US seemed to be prioritizing security over efforts to combat kleptocracy. But in the end, it got neither.
Biden might stop a sanctions revolution | Casey Michel and Paul Massaro, Foreign Policy
As the US government reviews its use of sanctions, it has a chance to double down on the ones that are actually effective.
Making a Killing, episode 20: David Asher on 9/11 and US economic statecraft
In the aftermath of the September 11, 2001 attacks, the US transformed its capacity to wage financial warfare against terrorists, kleptocrats and other dangerous adversaries. Hudson senior fellow David Asher, who played a leading role in that effort, joins Nate and Casey to discuss lessons for contemporary efforts against transnational corruption.
Insights: Research and commentary from leading experts
Afghanistan’s corruption was made in America | Sarah Chayes, Foreign Affairs
My billionaire ex-wife was kidnapped by China for years - now they are using her to threaten me | Rob Hastings/Desmond Shum, iNews
Trudeau’s housing plan won’t stop money laundering fueling out-of-control prices | Diane Francis, Financial Post
What I wish the US had done about Putin years ago - and what Biden should do now | David Kramer, Politico
US anti-corruption crusade should focus on Europe’s east | Janusz Bugajski, Atlantic Council
News: All the latest on global crime and corruption
German finance ministry raided in money laundering probe over suspect payments to Africa | Reuters
Cape Verde approves US extradition of Alex Saab, Maduro’s alleged financial fixer | Reuters
A critic of El Salvador’s Bitcoin law was arrested allegedly without a warrant | Vice
The craven corruption behind the Myanmar coup | Bangkok Post
Yorgen Fenech, businessman at center of Daphne Caruana Galizia murder case, indicted on money laundering charges | Times of Malta
Vancouver lawyer suspended for moving $10 million overseas payments through firm’s trust account | BIV
Unreported gold withdrawals leave Venezuelan reserves at lowest for 50 years | Caracas Chronicles
Art world rushes to conform to UK’s anti-money laundering laws | Art Newspaper
China’s corruption busters signal they plan to make bribe givers pay | South China Morning Post
Kenya Chief Justice says corruption a national embarrassment | BBC
South African court pushes back Zuma corruption hearing | Reuters