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World Marks Anti-Corruption Day

Corruption costs the world economy $2.6 trillion each year, according to the United Nations, which is marking International Anti-Corruption Day on Sunday. "Corruption is a serious crime that can undermine social and economic development in all societies. No country, region or community is immune," the United Nations said. The cost of $2.6 trillion represents more than 5 percent of global GDP. The world body said that $1 trillion of the money stolen annually through...

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