Government Corruption Media Articles

Excerpts of Key Government Corruption Media Articles in Major Media

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Jeff Smith, a partner with the influential consulting firm McKinsey & Company, accepted a highly sensitive assignment in December 2017. The opioid manufacturer Purdue Pharma ... sought out Dr. Smith. His team reviewed business plans and evaluated new drugs that Purdue hoped would help move the company beyond the turmoil associated with OxyContin, its addictive painkiller that medical experts say helped to spark the opioid epidemic. But the corporate reorganization was not Dr. Smith's only assignment. He was also helping the Food and Drug Administration overhaul its office that approves new drugs – the same office that would determine the regulatory fate of Purdue's new line of proposed products. A review ... of internal McKinsey documents found that the firm repeatedly allowed employees who served pharmaceutical companies, including opioid makers, to also consult for the F.D.A., the drug industry's primary government regulator. And, the documents show, McKinsey touted that inside access in pitches to private clients. In an email in 2014 to Purdue's chief executive, a McKinsey consultant highlighted the firm's work for the F.D.A. and stressed "who we know and what we know." McKinsey also allowed employees advising Purdue to help shape materials that were intended for government officials and agencies, including a memo in 2018 prepared for Alex M. Azar II. References to the severity of the opioid crisis in a draft version of the memo ... were cut before it was sent to Mr. Azar.

Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the pharmaceutical industry from reliable major media sources.

I participated in an online forum called US CBDC–A Disaster in the making? We had a very productive discussion about the policy aspect of central bank digital currencies (CBDCs). I believe that the Fed should not launch a CBDC. Ever. And I think that Congress should amend the Federal Reserve Act, just to be on the safe side. I want to distinguish between a wholesale CBDC and retail CBDC. With a wholesale CBDC, banks can electronically transact with each other using a liability of the central bank. That is essentially what banks do now. But retail CBDCs are another animal altogether. Retail CBDCs allow members of the general public to make electronic payments of all kinds with a liability of the central bank. This feature–making electronic transactions using a liability of the Federal Reserve–is central to why Congress should make sure that the Fed never issues a retail CBDC. The problem is that the federal government, not privately owned commercial banks, would be responsible for issuing deposits. And while this fact might seem like a feature instead of bug, it's a major problem for anything that resembles a free society. The problem is that there is no limit to the level of control that the government could exert over people if money is purely electronic and provided directly by the government. A CBDC would give federal officials full control over the money going into–and coming out of–every person's account. This level of government control is not compatible with economic or political freedom.

Note: The above was written by Norbert Michel, Vice President and Director of the Cato Institute's Center for Monetary and Financial Alternatives. For more along these lines, see concise summaries of deeply revealing news articles on financial system corruption from reliable major media sources.

In a political career rife with flip-flops, few rank as high as Donald Trump's 180 on Saudi Arabia. For more than a decade, Trump had held up the kingdom as a prime example of U.S. foreign policy cozying up to nefarious allies of convenience. Almost immediately upon being sworn in, though, Trump shifted in a more Saudi-friendly direction. He held fast to that posture even after Crown Prince Mohammed bin Salman was implicated in the gruesome murder of Washington Post contributing columnist Jamal Khashoggi. He proceeded to override Congress's objections to U.S. involvement in the Saudi-led war in Yemen and pressed forward with arms deals it had rejected. Trump's solicitousness of the Saudis appeared to help them more than it helped us, and it ran decidedly counter to his "America First" foreign policy. The New York Times reported Sunday that Trump's son-in-law and White House adviser Jared Kushner secured a $2 billion investment for his Affinity Partners private equity firm from a fund led by the Saudi crown prince. This despite the fund's advisers heavily criticizing the proposed deal. The Times noted that ethics experts said the investment could appear as payback for Kushner's help in the White House. The serious reservations raised by the fund's advisers heighten questions about why the deal would go through. It's also a remarkable development amid Trump's long-running, concerted and highly contentious (even among Republicans) attempts to curry favor with, and apologize for, the Saudis.

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Los Angeles jail guards have frequently punched incarcerated people in the head and subjected them to a "humiliating" group strip-search where they were forced to wait undressed for hours, according to a new report from court-appointed monitors documenting a range of abuses. The Los Angeles sheriff's department (LASD), which oversees the largest local jail system in the country, appears to be routinely violating use-of-force policies, with supervisors failing to hold guards accountable and declining to provide information to the monitors tasked with reviewing the treatment of incarcerated people. The report, filed in federal court on Thursday, adds to a long string of scandals for the department. The monitors [were] first put in place in 2014 to settle a case involving beatings. The monitors, Robert Houston, a former corrections official, and Jeffrey Schwartz, a consultant, alleged that the use of "head shots", meaning punches to the head, had been "relatively unchanged in the last two years or more, and may be increasing". They also wrote that deputies who used force in violation of policy were at times sent to "remedial training" but that "actual discipline is seldom imposed." And supervisors who failed to document violations were also "not held accountable." The authors cited one incident in which a deputy approached a resident. "With no hesitation ... Deputy Y punched [him] 5-9 times in the head, and Deputy Z punched [him] 6-8 times in the head as they took [him] to the floor.

Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in policing and in the prison system from reliable major media sources.

Cities in California spent large portions of their federal Covid relief money on police departments, a review of public records has revealed, with several cities prioritizing police funding by a wide margin. As part of the American Rescue Plan Act (Arpa), the Biden administration's signature stimulus package, the US government sent funds to cities to help them fight coronavirus and support local recovery efforts. The money, officials said, could be used to fund a range of services. But most large California cities spent millions of Arpa dollars on law enforcement. Some also gave police money from the Coronavirus Aid, Relief and Economic Security (Cares) Act, adopted in 2020 under Donald Trump. San Francisco received $312m in Arpa funds for fiscal year 2020 and allocated 49% ($153m) to police, 13% ($41m) to the sheriff's department, and the remainder to the fire department. San Francisco also gave roughly 22% ($38.5m) of its Cares funds to law enforcement. Los Angeles spent roughly 50% of its first round of Arpa relief funds on the LAPD. In Fresno, the city allocated more than double of its Cares money to police than it did to Covid testing, contact tracing, small business grants, childcare vouchers and transitional housing combined. Cities using relief funds for police have typically funneled the money to salaries, although The Appeal recently reported that some jurisdictions were using stimulus dollars to buy new surveillance technology and build new prisons.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and police corruption from reliable major media sources.

It was an attention-grabbing assertion that made headlines around the world: U.S. officials said they had indications suggesting Russia might be preparing to use chemical agents in Ukraine. President Joe Biden later said it publicly. But three U.S. officials told NBC News this week there is no evidence Russia has brought any chemical weapons near Ukraine. They said the U.S. released the information to deter Russia from using the banned munitions. It's one of a string of examples of the Biden administration's ... deploying declassified intelligence as part of an information war against Russia. Coordinated by the White House National Security Council, the unprecedented intelligence releases have been so frequent and voluminous, officials said, that intelligence agencies had to devote more staff members to work on the declassification process, scrubbing the information so it wouldn't betray sources and methods. The idea is to pre-empt and disrupt the Kremlin's tactics, complicate its military campaign, "undermine Moscow's propaganda and prevent Russia from defining how the war is perceived in the world," said a Western government official familiar with the strategy. Multiple U.S. officials acknowledged that the U.S. has used information as a weapon even when confidence in the accuracy of the information wasn't high. Sometimes it has used low-confidence intelligence for deterrent effect, as with chemical agents, and other times, as an official put it, the U.S. is just "trying to get inside Putin's head."

Note: For more along these lines, see concise summaries of deeply revealing news articles on intelligence agency corruption and war from reliable major media sources.

The Food and Drug Administration last week authorized Americans 50 and over to get a fourth Covid vaccine dose. Some of the FDA's own experts disagree with the decision, but the agency simply ignored them. Eric Rubin, editor in chief of the New England Journal of Medicine, sits on the advisory committee. He told CNN last month that he hadn't seen enough data to determine whether anyone needs a fourth dose whose immune system isn't seriously deficient. At the crux of the broad opposition to second boosters is the recognition of B- and T-cells, which public-health officials have long ignored. They talk only about antibody levels, which tend to decline in the months after vaccination. B- and T-cells, activated by the primary vaccine series or an infection ... are highly and durably effective at preventing serious illness from Covid. An additional vaccine dose induces a fleeting high in antibody levels, offering only mild and short-lived protection. Two top FDA officials quit the agency in September complaining of undue pressure to authorize boosters. Marion Gruber, former director of the Office of Vaccine Research and Review, and her deputy, Philip Krause, later wrote about the lack of data to support a broad booster authorization. Hours after the FDA authorized the fourth dose, the Centers for Disease Control and Prevention gave its formal approval to the move–also without convening its external vaccine experts.

Note: To read the full article without a subscription, see this webpage. Read Prof. Mark Skidmore's eye-opening study titled "How Many People Died from the Covid-19 Inoculations?" For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccines from reliable major media sources.

The U.S. Centers for Disease Control and Prevention reported 966,575 deaths from COVID-19 on Friday after it corrected the data earlier this week, which reduced the death tallies in all age-groups, including children. The health agency, in a statement to Reuters, said it made adjustments to its COVID Data Tracker's mortality data on March 14 because its algorithm was accidentally counting deaths that were not COVID-19-related. The adjustment resulted in removal of 72,277 deaths previously reported across 26 states, including 416 pediatric deaths, CDC said. The reduction cut the CDC's estimate of deaths in children by 24% to 1,341 as of March 18. Children accounted for about 19% of all COVID-19 cases, but less than 0.26% of cases resulted in death, according to the American Academy of Pediatrics, which summarizes state-based data. Americans have been polarized over the mitigation measures the CDC recommended for schools during the pandemic from urging schools to be remote, require masks and set up social distancing measures. It now advises that for most of the country, children should be in school and can be without masks.

Note: For lots more on this highly strange news, see this webpage. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

Congress passed a bill last week explicitly prohibiting federal law enforcement officers from having sex with people in their custody, closing a loophole that previously allowed them to avoid a rape conviction by claiming such an encounter was consensual. The legal loophole gained widespread attention in 2018, after an 18-year-old woman in New York, Anna Chambers, said that two detectives raped her inside their police van. The detectives, who have since resigned, said she consented. Prosecutors ultimately dropped the sexual assault charges, and the men were sentenced to five years of probation after pleading guilty to bribery and official misconduct. In February 2018, BuzzFeed News reported that laws in 35 states allowed police officers to claim that a person in their custody consented to sex, and that of at least 158 law enforcement officers charged with sexual assault, sexual battery, or unlawful sexual contact with somebody under their control from 2006 to 2018, at least 26 were acquitted or had charges dropped based on the consent defense. Last week ... the Closing the Law Enforcement Consent Loophole Act passed the House and Senate as part of a broader appropriations bill. The act also requires states that receive certain federal grants to annually report to the Department of Justice the number of complaints alleging a sexual encounter between a local law enforcement officer and a person in their custody. The ... Act applies to the 100,000 or so law enforcement officers across all federal agencies.

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The lobbying industry had a record year in 2021, taking in $3.7 billion in revenue as companies, associations and other organizations pressed Congress and the Biden administration over trillions of dollars in new pandemic spending and rules affecting health care, travel, tourism and other industries. The revenue figures, compiled in recent weeks from government records by OpenSecrets, show that lobbying spending began steadily growing in 2017. The jump in 2021, when lobbying spending was about 6 percent higher than 2020, came as the government's pandemic interventions and record expenditure took center stage. The surge came as companies and associations aimed to roll back regulations on their industries – many of them pandemic-related – while others vied for a slice of the trillions in new spending. Manufacturers, unions, financial companies and technology firms all spent significantly more in 2021 than in previous years. Thousands of companies and organizations appeared to hire lobbyists for the first time during the pandemic, as more than 3,700 companies and other groups that spent no money lobbying the government in 2019 paid lobbyists last year. The pharmaceutical industry, regularly one of the biggest spenders in Washington, also increased its spending. Its top trade group, the Pharmaceutical Research & Manufacturers of America (PhRMA), topped $30 million in spending last year, up 17 percent from the year prior.

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From 2012 to 2017, I worked as a US air force nuclear missile operator. Each time I descended into the missile silo, I had to be ready to launch, at a moment's notice, a nuclear weapon that could wipe a city the size of New York off the face of the earth. I'm glad that people are finally discussing the existential dangers of nuclear weapons. There have been more near-misses than the world knows. After the end of the cold war, the general public allowed the threat of nuclear warfare to recede into the background. The threat simply didn't feel real to new generations like it did to those who grew up huddling under their desks during nuclear attack drills. And the young crews who steward this nuclear arsenal today aren't immune from the post-cold war malaise. In 2013, during my first year on crew, 11 ICBM officers were implicated in a drug scandal. The following year, 34 ICBM launch officers were implicated in a cheating scandal on their monthly proficiency exams. Deborah Lee James, the secretary of the air force at the time, said, "This was a failure of integrity on the part of some of our airmen. It was not a failure of our nuclear mission." In this attempt to save face, Secretary James revealed a state of dissonance that every nuclear missile operator lives with. We are told, day in and day out, that our integrity is crucial to the deterrent value of nuclear weapons and helps make the world a safer place. But what man or woman of integrity could possibly launch a nuclear weapon? Life with nuclear weapons is not safer or more peaceful.

Note: For more along these lines, see concise summaries of deeply revealing news articles on military corruption from reliable major media sources.

In Detroit, Tony Murray was getting ready for bed. He glanced out of his window and saw a half-dozen uniformed police officers with guns drawn. Officers searched Murray's home. One [officer] handed him a copy of the search warrant, which stated they were looking for illegal drugs. Murray noticed something else: The address listed wasn't his. It was his neighbor's. Months after the 2014 raid, Murray, who was not charged with any crimes, sued Detroit police for gross negligence and civil rights violations, naming Officer Lynn Christopher Moore, who filled out the search warrant, and the other five officers who raided his home. The city eventually paid Murray $87,500 to settle his claim, but admitted no error. Between 2010 and 2020, the city settled 10 claims involving Moore's police work, paying more than $665,000 to individuals who alleged the officer used excessive force, made an illegal arrest or wrongfully searched a home. Moore is among the more than 7,600 officers – from Portland, Ore., to Milwaukee to Baltimore – whose alleged misconduct has more than once led to payouts to resolve lawsuits and claims of wrongdoing, according to a Washington Post investigation. The Post collected data on nearly 40,000 payments at 25 of the nation's largest police and sheriff's departments within the past decade, documenting more than $3.2 billion spent to settle claims. More than 1,200 officers in the departments surveyed had been the subject of at least five payments. More than 200 had 10 or more.

Note: For more along these lines, see concise summaries of deeply revealing news articles on police corruption from reliable major media sources.

In the late summer of 2020, Bruce Bartman went to Pennsylvania's voter registration website and signed up his mother and mother-in-law to vote. Both women were dead. A few months later, Bartman, who is white, requested a mail-in ballot for his late mother and cast her vote for Donald Trump. Bartman was arrested that December and charged with perjury and unlawful voting. He pleaded guilty, admitted he made a "stupid mistake", was sentenced to five years of probation and barred from serving on a jury or voting for four years. When Bartman pleaded guilty, nearly 1,000 miles away, in Memphis, a Black Lives Matter activist named Pamela Moses was facing her own election-related criminal charges. A few years previously, Moses, who is Black, permanently lost the right to vote after committing a felony. But no one had actually removed Moses from the voter rolls or told her she couldn't vote. And in 2019, when state officials began looking into her eligibility, a probation officer signed a certificate saying Moses had completed her sentence and was eligible to vote. So she applied to do so. Even though corrections officials conceded they made an error, Moses was indicted anyway. She was sentenced to six years and one day in prison. The case ... underscored what many experts see as a double standard in the US criminal justice system: white people face relatively light punishment for intentional cases of fraud, while Black people face tougher punishments for unintentional voting errors.

Note: For more along these lines, see concise summaries of deeply revealing news articles on court system corruption from reliable major media sources.

The Supreme Court ruled Thursday that the federal government can shield former government contractors from testifying about the torture of a post-9/11 detainee. The decision likely will make it harder for victims to expose secret government misconduct in the future. Abu Zubaydah was the first prisoner held by the CIA to undergo what, at the time, was euphemistically called "enhanced interrogation." During one 20-day period, he was waterboarded 83 times, 24 hours a day. During that period, the suspected terrorist was also slammed against walls, put in a coffin-like box for hours at a time to simulate live burial, and subjected to something the government called "rectal rehydration." In the end, the two CIA contractors who supervised Zubaydah's interrogation concluded that they had the wrong man. But when lawyers for Zubaydah subpoenaed them, the U.S. government blocked the move by invoking the so-called "state secrets" privilege. In this case, both the Trump and Biden administrations argued that even though the information about the torture program is widely known, confirming the existence of CIA black sites in Poland would jeopardize the U.S. government's relationship with foreign intelligence services. Josh Colangelo-Bryan, a lawyer who represents other Guantanamo Bay detainees, was ... critical. "There has been no accountability for the U.S. program that subjected people to torture," he said in a statement.

Note: Read more about the CIA's torture program. For more along these lines, see concise summaries of deeply revealing news articles on intelligence agency corruption from reliable major media sources.

Russia invaded Ukraine. For years now the Central Intelligence Agency has been preparing for such a moment, not only with prescient intelligence gathering and analysis but also by preparing Ukrainians to mount an insurgency against a Russian occupation. The agency has been training Ukrainian special forces and intelligence officers at a secret facility in the U.S. since 2015. Because the CIA training program is now publicly known, Russia can persuasively claim that Ukrainian insurgents are CIA proxies – a useful statement as propaganda to pro-Russian separatists in eastern Ukraine and as a justification for any harsh measures it takes against Ukrainian civilians. The CIA needs to be honest with the Ukrainians – and itself – about the real intent. In the first U.S.-backed insurgency, according to top secret documents later declassified, American officials intended to use the Ukrainians as a proxy force to bleed the Soviet Union. This time, is the primary goal of the paramilitary program to help Ukrainians liberate their country or to weaken Russia over the course of a long insurgency that will undoubtedly cost as many Ukrainian lives as Russian lives, if not more? Even if a Ukrainian insurgency bleeds Russia over years, the conflict could cause instability to spread across Central and Eastern Europe. This is a pattern in the history of U.S. paramilitary operations – from the Cold War to Afghanistan and Iraq today.

Note: For an alternative view of Ukraine's Zelensky, don't miss this excellent presentation by intrepid reporter Ben Swann (skip to 1:45 to avoid advertisement). For more along these lines, see concise summaries of deeply revealing news articles on intelligence agency corruption and war from reliable major media sources.

On September 19, 2019, House Speaker Nancy Pelosi introduced the Elijah Cummings Lower Drug Costs Now Act. The bill ... would allow the federal government to negotiate drug prices on behalf of Medicare, a right assumed by the governments of every other major economy. Polls showed support ranging from 80 to an eye-popping 90-plus percent. H.R. 3 was delivered stillborn into Mitch McConnell's Senate in November of 2019. Two years later, when Joe Biden released the massive social-spending and climate-change bill dubbed Build Back Better, H.R. 3's reforms were nowhere to be found. And at every level of government, Pharma's endless river of money continues to flow, the widest, steadiest current of lobbying largesse the capitol has ever known. In 2021, the industry reported spending $124 million on a fleet of 846 lobbyists, roughly two for every member of Congress. Sixty-five percent were former government employees. Pharmaceutical manufacturers are part of a larger coalition that includes the insurance, medical-device, and hospital industries. Its combined resources flow downstream through dozens of lobbying firms, communications shops, and front groups. "If a freshman Democrat so much as signs a letter related to drug prices, the lobby hammers them with phone calls and meeting requests, completely locking up the calendar," says Alex Lawson, executive director of Social Security Works. "The calls come in from ex-Democratic officials and staffers, so they have to take the meetings."

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The fallout from a huge leak of Credit Suisse banking data threatened to damage Switzerland's entire financial sector on Monday after the European parliament's main political grouping raised the prospect of adding the country to a money-laundering blacklist. The European People's party (EPP), the largest political grouping of the European parliament, called for the EU to review its relationship with Switzerland and consider whether it should be added to its list of countries associated with a high risk of financial crime. Experts said that such a move would be a disaster for Switzerland's financial sector, which would face the kind of enhanced due diligence applied to transactions linked to rogue nations including Iran, Myanmar, Syria and North Korea. The EPP released the proposal after media outlets including the Guardian, SĂĽddeutsche Zeitung, the Organized Crime and Corruption Reporting Project (OCCRP), and Le Monde revealed how a massive leak of Credit Suisse data had uncovered apparently widespread failures of due diligence by the bank. The investigation, called Suisse secrets, identified clients of the Swiss bank who had been involved in torture, drug trafficking, money laundering, corruption and other serious crimes. The country's addition to the EU high-risk third countries list would mean regulated professions, such as bankers, lawyers and accountants, would be required to conduct enhanced due diligence on any transaction or commercial relationship with a person or company in the country.

Note: For more along these lines, see concise summaries of deeply revealing news articles on financial system corruption from reliable major media sources.

For more than a year, the Centers for Disease Control and Prevention has collected data on hospitalizations for Covid-19 in the United States and broken it down by age, race and vaccination status. But it has not made most of the information public. When the C.D.C. published the first significant data on the effectiveness of boosters in adults younger than 65 two weeks ago, it left out the numbers for a huge portion of that population: 18- to 49-year-olds, the group least likely to benefit from extra shots, because the first two doses already left them well-protected. The agency recently debuted a dashboard of wastewater data on its website that will be updated daily and might provide early signals of an oncoming surge of Covid cases. Some states and localities had been sharing wastewater information with the agency since the start of the pandemic, but it had never before released those findings. Two full years into the pandemic, the agency leading the country's response to the public health emergency has published only a tiny fraction of the data it has collected, several people familiar with the data said. But the C.D.C. has been routinely collecting information since the Covid vaccines were first rolled out last year. The agency has been reluctant to make those figures public, [an] official said, because they might be misinterpreted as the vaccines being ineffective. Experts dismissed the potential misuse or misinterpretation of data as an acceptable reason for not releasing it.

Note: Learn also about why Pfizer wanted to hide their COVID clinical data for 75 years. For more along these lines, see concise summaries of deeply revealing news articles on government corruption and coronavirus vaccines from reliable major media sources.

Project Veritas released a video on Tuesday which allegedly shows an executive-level Food and Drug Administration (FDA) official admitting the Biden administration has plans to require yearly COVID shots "just like the flu shot." Christopher Cole, an executive officer for the FDA's Medical Countermeasures Initiative (MCMi), was apparently recorded on hidden camera by Project Veritas admitting "Biden wants to inoculate as many people as possible." "You'll have to get an annual shot," Cole said on camera. "I mean, it hasn't been formally announced yet 'cause they don't want to, like, rile everyone up," he added. Cole said in the video his managerial role at the FDA's MCMi involves overseeing vaccines, vaccine approvals, and devices for vaccines, and noted his "office clears all the emergency approvals" for such counter measures. "There's almost a billion dollars a year going into FDA's budget from the people we regulate," Cole says in the Project Veritas video. "The drug companies, the food companies, the vaccine companies, they pay us hundreds of millions of dollars a year to hire and keep the reviewers to approve their products. If they can get every person required at an annual vaccine, that is a recurring return of money going into their company," Cole added, in reference to pharmaceutical manufacturers. Cole also expresses concern over the FDA's process to approve COVID-19 vaccines for young children between six months of age and four years old in the video.

Note: Explore hundreds of personal stories of severe vaccine injury and death that are being strongly suppressed by government and the major media. An MD's excellent research reveals that the government knew about and actively suppressed safe, effective, low-price treatments for COVID and targeted physicians who prescribed them. For more along these lines, see concise summaries of deeply revealing news articles on government corruption and coronavirus vaccines from reliable major media sources.

The world is spending at least $1.8tn (Ł1.3tn) every year on subsidies driving the annihilation of wildlife and a rise in global heating, according to a new study, prompting warnings that humanity is financing its own extinction. From tax breaks for beef production in the Amazon to financial support for unsustainable groundwater pumping in the Middle East, billions of pounds of government spending and other subsidies are harming the environment, says the first cross-sector assessment for more than a decade. This government support, equivalent to 2% of global GDP, is directly working against the goals of the Paris agreement and draft targets on reversing biodiversity loss, the research on explicit subsidies found, effectively financing water pollution, land subsidence and deforestation with state money. The fossil fuel industry ($620bn), the agricultural sector ($520bn), water ($320bn) and forestry ($155bn) account for the majority of the $1.8tn, according to the report. No estimate for mining, believed to cause billions of dollars of damage to ecosystems every year, could be derived. Lack of transparency between governments and recipients means the true figure is likely to be much higher, as is the implicit cost of harmful subsidies. Last year, an International Monetary Fund report found the fossil fuel industry benefited from subsidies worth $5.9tn in 2020.

Note: For more along these lines, see concise summaries of deeply revealing news articles on government corruption and climate change from reliable major media sources.

Important Note: Explore our full index to key excerpts of revealing major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.