Searching for New Physics in b to s Hadronic Penguin Decays

We review the theoretical status of b to s hadronic penguin decays in the Standard Model and beyond. We summarize the main theoretical tools to compute Branching Ratios and CP asymmetries for b to s penguin dominated nonleptonic decays, and discuss the theoretical uncertainties in the prediction of time-dependent CP asymmetries in this processes. We consider general aspects of b to s transitions beyond the Standard Model. Then we present detailed predictions in supersymmetric models with new sources of flavor and CP violation.