The price of corruption

Corruption is almost as old as the hills, but it is rising up the international policy agenda for a simple reason: the unrestricted flow of money around the world means that this is no longer an issue for each country to address, but a looming global economic disaster.

The World Today
Published 31 March 2018 Updated 29 September 2020 1 minute READ

Alan Philps

Former Editor, The World Today, Communications and Publishing

Sean Hagan explains why the International Monetary Fund is taking the lead in the fight against graft and we also look at the British government’s admission that £90 billion a year is being laundered through the City of London.

Our interview is with the exiled Russian businessman Mikhail Khodorkovsky who explains how Europe can escape the ‘false paradigm’ of the Kremlin as untouchable and find ways to hurt Vladimir Putin’s inner circle.

For 66 years the Queen has served as Head of the Commonwealth. H Kumarasingham looks at how she has used her position to break out of the confines of the British constitution and play an independent role in this ‘family’ which includes one third of humanity.

To judge by media coverage, the world seems to be heading for nuclear anarchy. Steady on, says Heather Willliams: the risks are indeed rising but there are ways to rebuild confidence between Russia and the United States.

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