TV News LIES

Friday, Apr 25th

Last update09:12:48 PM GMT

You are here News Economy Crime 'one of the world's top 20 economies', says UN official

Crime 'one of the world's top 20 economies', says UN official

E-mail Print PDF

Crime one of world's top economiesCrime generates an estimated $2.1 trillion in global annual proceeds - or 3.6pc of the world's gross domestic product - and the problem may be growing, a senior United Nations official has said.

"It makes the criminal business one of the largest economies in the world, one of the top 20 economies," said Yury Fedotov, head of the UN Office on Drugs and Crime (UNODC), describing it as a threat to security and economic development.

The figure was calculated recently for the first time by the UNODC and World Bank, based on data for 2009, and no comparisons are yet available, Mr Fedotov told a news conference.

Speaking on the opening day of a week-long meeting of the international Commission on Crime Prevention and Criminal Justice (CCPCJ), he suggested the situation may be worsening "but to corroborate this feeling I need more data".

He said up to $40bn is lost through corruption in developing countries annually and illicit income from human trafficking amounts to $32bn every year.

More...


Most Recent Related Stories...


Trump softens tariff tone amid empty shelves warning, market slump

chain store ceo's meet with TrumpExecutives from three of America’s biggest retail chains warned President Donald Trump that things could get...

Trump pauses reciprocal tariffs for 90 days, ups China's levy to 125%

tariff warPresident Donald Trump on Wednesday − in the latest twist of the tariff saga that has...

Trump's China Tariff Shocks U.S. Importers. One CEO Calls It 'End Of Days.'

Rick Woldenberg thought he had come up with a sure-fire plan to protect his Chicago-area educational...

Trump threatens additional 50 percent tariff on China

Xi JinpingPresident Trump on Monday threatened to impose a 50 percent tariff on imports from China, a...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!