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Fraud in welfare and other entitlement programs is estimated to be at roughly the same rate, which adds another $1.5 billion in annual losses.
That figure, however, is eclipsed by Medicare and Medicaid fraud, which is conservatively estimated 10% of total payments - or 100bn a year.
There is room for both ESG and impact investment strategies in the market, and investors may want to allocate funds to each in different proportions.
The Difference Between ESG and Impact Investing and Why It Matters
IFC
The New York Nasdaq, which contains many of the world’s most valuable listed tech companies, has fallen 26% this year.
What impact is the tech stock crash having on Europe's startups?
John Thornhill
...catch up on these, and many more highlights
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