..........We ARE Corrupt....., So What!.... (Click to play the video)
By Emad Mekay
"CAIRO, Jan 21, 2011 (IPS) - Middle East countries have seen the largest increase of illicit outflows of funds to richer nations, depriving the developing nations of much needed development money, a new international report shows.
Developing countries in the Middle East and North Africa (MENA) region lost 1.2 trillion dollars in the nine years of the study, an average of 130 billion dollars a year, most of which goes to banks in the U.S., the UK, Switzerland and other G8 countries, economist Karly Curcio told IPS in an interview....."
"CAIRO, Jan 21, 2011 (IPS) - Middle East countries have seen the largest increase of illicit outflows of funds to richer nations, depriving the developing nations of much needed development money, a new international report shows.
Developing countries in the Middle East and North Africa (MENA) region lost 1.2 trillion dollars in the nine years of the study, an average of 130 billion dollars a year, most of which goes to banks in the U.S., the UK, Switzerland and other G8 countries, economist Karly Curcio told IPS in an interview....."
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