Replying to Avatar FLASH

⚑️🚨 ALERT: U.S. halts fight against bribery of U.S. companies

The FCPA (Foreign Corrupt Practices Act) that Trump has just suspended prohibited U.S. companies from paying bribes to foreign government officials to obtain contracts or business advantages.

"It's going to bring more business to America".

The White House even talks about "strategic business advantages"!

In 2024:

❌ 26 legal actions taken

❌ 31 companies under investigation

❌ Record fines ($950 million for RTX).

This law has uncovered major scandals:

πŸ‘‰ Trafigura bribes in Brazil

πŸ‘‰ McKinsey corruption in South Africa

πŸ‘‰ Questionable arms sale to Qatar

Trump's new strategy?

Letting US companies "compete" with the practices of their international competitors... πŸ€”

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SΓ©rgio Oliveira 11mo ago

The Cayman Islands will now suffer with the diversion of all this shady payments back to inland America

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