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Canada leads the world in companies and individuals that have been banned by the World Bank from contributing to international aid and infrastructure projects. Of the 608 companies and individuals listed on the World Bank's just-released blacklist for fraudulent or corrupt conduct, 119 are Canadian companies. But engineering firm SNC-Lavalin and its subsidiaries, many of which are registered outside Canada, comprise 16 per cent of the total. The World Bank bans companies from participating in aid and development contracts if they "have been sanctioned under the Bank's fraud and corruption policy." The number of companies included on that list soared in 2013, rising from only 65 banned entities on last year's list, according to the South China Morning Post. The World Bank says about $40 billion of the roughly $200 billion it has given out since 2008 has been stolen. Companies with head offices listed in Canada, which does not include overseas subsidiaries, comprise 119 names on the World Bank list, the most of any country. The U.S. is second with 44 debarred firms, Indonesia third with 43 and Britain close behind with 40. The grounds for getting blacklisted vary, but usually include some manner of bribery, fraud, collusion, coercion or obstruction either in bidding for contracts or in carrying them out. More Economic news: http://hendrengroup.biz/blog/ https://www.facebook.com/hendrenglobalgroup?ref=hl http://hendrengrp.livejournal.com/

Canada leads the world in companies and individuals that have been banned by the World Bank from contributing to international aid and infrastructure projects. Of the 608 companies and individuals listed on the World Bank's just-released blacklist for fraudulent or corrupt conduct, 119 are Canadian companies. But engineering firm SNC-Lavalin and its subsidiaries, many of which are registered outside Canada, comprise 16 per cent of the total. The World Bank bans companies from participating in aid and development contracts if they "have been sanctioned under the Bank's fraud and corruption policy." The number of companies included on that list soared in 2013, rising from only 65 banned entities on last year's list, according to the South China Morning Post. The World Bank says about $40 billion of the roughly $200 billion it has given out since 2008 has been stolen. Companies with head offices listed in Canada, which does not include overseas subsidiaries, comprise 119 names on the World Bank list, the most of any country. The U.S. is second with 44 debarred firms, Indonesia third with 43 and Britain close behind with 40. The grounds for getting blacklisted vary, but usually include some manner of bribery, fraud, collusion, coercion or obstruction either in bidding for contracts or in carrying them out. More Economic News: http://www.good.is/posts/canada-leads-world-bank-blacklist-of-fraudulent-companies-thanks-to-snc-lavalin http://ireport.cnn.com/docs/DOC-1042164

http://tyreneweaver.bravesites.com/entries/business/hendren-global-group-article-code-81345798450-hgg-beware-of-20-percent-returns-5-ways-to-separate-superior-performance-from-salesmanship Beware of 20 Percent Returns: 5 Ways to Separate Superior Performance from Salesmanship Over the last month, I've been hearing countless financial professionals boasting of 17-20 percent returns over the last three years. And like anyone, I was amazed. Until I did the math. NASDAQ has doubled since 2009, putting the annualized return at 25 percent over the past four years -- meaning anything below that is performing below the general market! Also, the three-year performance metrix is conveniently shaved to exclude the Great Recession. Most people bragging about 20 percent gains are covering up the fact that their clients lost way too much during the Great Recession and are still underwater -- even with a robust bull market. So, rather than being wowed by what is basically a market recovery, sober up and examine the data that really matters. Today's bull has been (and will continue to be) a bucking bronco that has left most riders bruised, broken, weary and rattled. Continue Reading: http://www.huffingtonpost.com/natalie-pace/beware-of-20-returns-5-wa_b_3343237.html Read More Related Articles: http://hendrengroup.biz/blog/2013/02/15/cybercrime-targets-smaller-fish-with-less-guard/ http://hendrengroup.biz/blog/2013/02/ http://www.slideserve.com/heatherfarmer/latest-hendren-global-group-fact-reviews-blogtalkradio

Thanks a lot for sharing us about this update. Hope you will not get tired on making posts as informative as this.