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$850 billion a year

Cost of diabetes epidemic reaches $850 billion a year

NEW YORK: The number of people living with diabetes has tripled since 2000, pushing the global cost of the disease to $850 billion a year, medical experts said on Tuesday. The vast majority of those affected have type 2 diabetes, which is linked to obesity and lack of exercise, and the epidemic is spreading particularly fast in poorer countries as people adopt Western diets and urban lifestyles. The latest estimates from the International Diabetes Federation mean that one in 11 adults worldwide have the condition,…