Vietnam’s ‘blazing furnace’ sees real estate mogul sentenced to death for $12 billion fraud. It’s the biggest eruption yet in Asia’s volcanic housing bust
Related Articles
-
‘Our margins are threadbare’: UK’s craft beer scene says it’s on the brink
Small brewers are being squeezed, with a flurry of insolvencies hitting the sector despite strong salesNeither Rishi Sunak nor Gordon Brown is a beer aficionado. The former is teetotal and his predecessor all but gave up booze during his time in office.Yet the two prime ministers loom large over the turbulent saga of the UK craft beer scene. Continue reading
-
US politics is awash with crude and misleading attack ads. Now it’s the UK’s turn
Rules governing political campaigning on terrestrial television don’t apply to streaming or online – and parties are starting to play dirtyOne of my favourite jokes in The Simpsons concerns the unhinged nature of US political advertising. “Mayor Quimby supports revolving-door prisons,” a growly voice narrates over footage of exactly what you imagine. “Mayor Quimby even released Sideshow Bob, a man twice convicted of attempted murder.” And then, a final disclosure at a noticeably faster pace:...
-
Tycoon’s death penalty in $12.5 billion fraud case highlights Vietnam’s corruption crisis
By Heather Chen, CNN (CNN) — The death sentence handed to a real estate tycoon in a $12.5 billion financial fraud case is the latest punishment meted out by Vietnam in the Southeast Asian country’s sweeping “blazing furnace” anti-corruption campaign. Thursday’s ruling against Truong My Lan, the former chairwoman of property developer Van Thinh Phat