By Stratfor Global Intelligence The ongoing corruption scandal at state-owned energy firm Petroleo Brasileiro, or Petrobras, could pose a real political risk to Brazilian President Dilma Rousseff, particularly as Brazil’s economic conditions worsen. The ruling Workers’ Party will have to cope with a stagnating, if not declining, economy for at least two more years, dwindling … Continue reading
By Nile Bowie Malaysia’s prime minister, Najib Razak – a British-educated technocrat with a reputation for opulence – is at the center of an unprecedented scandal. A sovereign wealth fund established to develop lucrative industries and boost economic growth in Malaysia, the 1Malaysia Development Berhad (1MDB), has incurred more than $11 billion in debts and is … Continue reading