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Paris attacks: Global economic cost of terrorism highest since September 11, 2001

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In the wake of Friday's massacre in Paris, a new report says the world is paying the highest price for terrorism since the 2001 attack on New York's Twin Towers. In 2014, acts of terror cost the world $US52.9 billion - roughly the size of Bulgaria's entire annual gross domestic product - compared with $US51.51 billion in the aftermath of September 11 , according to the latest annual Global Terrorism Index by the Institute for Economics and Peace, which has been...

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