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January 14, 2011       Share:    

Source: http://www.nytimes.com/2011/01/14/world/middleeast/14diplo.html

Clinton: Corruption Is Corroding Arab Economies

(New York Times) Mark Landler - At a regional development conference in Qatar, Secretary of State Hillary Clinton said Thursday that corruption was corroding Arab economies and making life impossible for foreigners who ran businesses in Arab countries. "Trying to get a permit," she said, "you have to pass money through so many different hands. Trying to open up, you have to pay people off. Trying to stay open, you have to pay people off. Trying to export your goods, you have to pay people off. So by the time you pay everybody off, it's not a very profitable venture."

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