Washington’s Foreign Equity Bets Need Better Governance

What do a rare earth mine in Brazil and a graphite mine in Mozambique have in common? Both have received significant United States government funding. The rub? Neither was subject, when the financing was committed, to the corporate governance standards that American listed companies are: an independent board, an independent audit committee, and audited disclosure to shareholders.There are strong national and economic security justifications for the recent push to use equity strategically to buil

Source: War on the Rocks