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U.N.: Crime generates trillions of dollars each year

2 years agoNews : The Coming Crisis

VIENNA (AP) – Criminality worldwide generates proceeds in the trillions of dollars each year, making crime one of the world's "top 20 economies," a senior U.N. official said Monday. With the scope of global crime — and particularly organized crime — threatening emerging economies and fomenting international instability, Yury Fedotov called for concerted world action to combat the trend.
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World Bank: Fighting Climate Change Would Boost Global Economy Up To $2.6 Trillion A Year

US Politics / Liberal : Think Progress (2 months ago)

A new World Bank report concludes that just a few key policies would boost the global economy up to $2.6 trillion a year by 2030 while significantly reducing carbon emissions. The post World Bank: Fighting Climate Change Would Boost... Read Post

Meet The Entrepreneur Who Wants To Disrupt Western Union And Fix A Half–Trillion Dollar Economy

Business & Finance : Fast Company (11 months ago)

For a system that moves half a trillion dollars around the globe each year, remittances are remarkably primitive. The person–to–person (and usually relative–to–relative) cross–border transfers require large fees (9% on average, acco... Read Post

World’s biggest economies must pay $7.6 trillion in maturing debt this year

Business & Finance : Business Report (3 years ago)

Governments of leading economies globally have more than $7.6 trillion (R61.3 trillion) of debt maturing this year, with most facing a rise in borrowing costs. Led by Japan’s $3 trillion and the US’s $2.8 trillion, the amount coming... Read Post


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