How Nauru squandered millions in mining royalties | Foreign Correspondent Archives (2001)
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The tiny nation of Nauru used to be one of the wealthiest in the world. It's natural reserves of phosphate once made millionaires of the entire population. But once the reserves ran dry, reality set in. Their fortune has been squandered by a succession of inept political leaders and their island spoiled by corruption, greed and exploitation ...
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