Global corruption threat; UN cites theft of $3.2 trillion

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Global corruption threat; UN cites theft of $3.2 trillion

by WorldTribune Staff, April 17, 2019 The global economy is losing $3.2 trillion per year due to corruption which includes bribery and theft of funds, according to the United Nations. Corruption “robs societies of schools, hospitals and other vital services, drives away foreign investment and strips nations of their natural resources,” said UN Secretary General […]

Global index finds corruption eroding democratic institutions; U.S. drops out of top 20 least corrupt

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Global index finds corruption eroding democratic institutions; U.S. drops out of top 20 least corrupt

by WorldTribune Staff, February 14, 2019 Two-thirds of the 180 countries surveyed in the Transparency International (TI) 2018 global corruption index were rated as corrupt. The failure to curb corruption is “contributing to a worldwide crisis of democracy,” TI says. The 2018 research shows “a disturbing link between corruption and the health of democracies, where […]