With the had quarters located in Irving, Texas. Exxon Mobil is the largest descendant of john d Rockefeller’s standard oil company. It was formed 30th November 1999 Exxon (formerly standard oil company of new jersey) and Mobil (formerly the standard oil company of New York) merged together in 1999. It has a significant market presence in the following metropolitan areas such as: Atlanta, Baltimore, Birmingham, charlotte, Chicago, Dallas, Houston, Memphis, Nashville, New Orleans, New York metro (New Jersey), Philadelphia, Pittsburgh, Raleigh, Richmond, virgina, and Washington DC. The world's 8th largest company by revenue, ExxonMobil is also the fifth largest publicly traded company by market capitalization.
1.1 Overview of Brazil Brazil is one of the largest countries of South America and Latin American region. The country got freedom and became an independent nation in 1822 from the rule of Portugal. Exploiting vast natural resources and a large labour pool, Brazil became Latin America's leading economic power by the 1970s. Being one of the largest and most populous countries in South America, the country has overcome more than half a century of military intervention in the governance of the country to pursue industrial and agricultural growth and development of the interior geographic of the country. Brazil is the world's fifth-largest country, not only by geographical area and but also by population.
Crime In African Countries Crime is a conspicuous issue in the African Countries. Africa has a high rate of homicide, assaults, rapes (grown-up, kid, and baby) and different wrongdoings contrasted with generally continents. Most travellers from African Countries express that wrongdoing was huge element in their choice to take off. Crime is an overlooked source of misery in Africa and that it is vital to understand the progress between clash, wrongdoing, debasement and advancement. Huge numbers of the advancement challenges that Africa appearances are additionally connected with high crime, for example, pay imbalance, fast urbanization and the energy of the populace.
How can the richest continent in the world in context of natural resources have 42% (World Bank, 2011) of the total population living below the poverty line? Ultimately, corruption is responsible for Africa’s perpetuating poverty. In Africa alone, $148 billion goes missing to corruption every year (Adusei, 2009). According to Nkoyock (2012) corruption is a
Case study 2 (Nigeria) Nigeria is considered to be a developing country is west of Africa, which experienced period and levels of corruption, political instability, mismanagement all of that by their government. Those things had hindered Nigeria from development. The major problem was corruption, which was Nigeria biggest challenge ever as it was clearly shown to every citizen and other countries. Corruption in Nigeria was found in every sector you can think of . Moving On we will clarify the types of corruption that is applied within Nigeria , and they are explained below .
Why is Niger one of the poorest countries in the world? Many African countries are still struggling to follow the path leading to development, especially in Sub-Saharan Africa. Niger, a former French colony, is the 4th exporter of Uranium in the world, an oil producer, with substantial deposits of phosphates, coal, iron, limestone, and gypsum. Niger is rich in mineral resources. Yet, it remains one of the poorest countries in the world while other countries, like Japan, have managed to find their way to development without those resources.
It is unfazed by the persecution from government and corrupt politicians. It has fulfilled its duties by publishing news about corrupt people and unethical practices in the country, from the destruction of personal files in the ministry, judiciary, bank heist, armed robbery, advanced fee fraud to the embezzlement of public funds by politicians and top public servants. All these exposures improve good governance and regulate graft in society. Therefore beyond just awareness, it also pushed for the consequences and trials of the culprits through investigative and exhaustive journalism. The access to information has given the media the impetus to dig out stories about corruption in Nigeria.
Corruption is rampant; it has become embedded in the fabric of society. Since the country 's transition to democracy in 1999, there have been attempts to fight corruption with several reforms undertaken and institutions created. They include the establishment of anti-corruption agencies such as the Economic and Financial Crime Commission, Independent Corruption and other Practices Commission, and the National Financial Intelligence Unit. Reforms include public service reform, monetization to reduce waste and personnel, and reform of public procurement. Nevertheless, it is disturbing to note that the prevailing state of corrupt practices in Nigeria suggests that corruption itself is more institutionalised than the anti-graft agencies established to curb it.
The pest has also shown a rising bias the past couple accounting for the nations low development indicators and its ranking alongside the poorest nation in the world (united nation, 2001 and OXFAM, 2003). The question is why are Nigerians poor despite the formable of government? Edoh (2003:71) summary the answer by identifies the cause of poverty in Nigeria which is corruption and embezzlement, poor leadership, lack of basic infrastructure and rapid population growth The Way Forward and Recommendation for Nigeria
‘Bureaucratic corruption’ is a type of corruption that is rampant in many Asian countries. The term refers to, “corrupt acts of appointed bureaucrats in their dealings with either their superiors (the political elites) or with the public” (10). Thus, bureaucratic corruption is undertaken by appointed administrators who have the power to implement government policies. Essentially, these public administrators grant privileges to private individuals in exchange for bribes in cash or kind. Usually, such corruption is rampant in countries where the “political elite does not properly control this apparatus” (10).