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US$50 billion lost by marine fishing each year
9 October 2008 - Economic losses in marine fisheries resulting from poor management, inefficiencies, and overfishing add up to a staggering US$50 billion per year, according to a new World Bank-FAO report released today. Taken over the last three decades, these losses total over $US2 trillion, a figure roughly equivalent to the GDP of Italy. [more…]
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