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Word: cartelism (lookup in dictionary) (lookup stats)
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...cartel has been humiliated more than once as it has chopped output only to see the price of oil drop further. Since September, OPEC said it has taken four million barrels a day out of circulation. That number is in dispute. It may be smaller. But, the fact of the matter is that some of the organization's members probably did not follow the rules and cut as fast or deep as had been planned. Nations including Iran and Venezuela may need the capital too much to drop the number of barrels that they export...

Author: /time Magazine | Title: OPEC Ready to Take Crude Prices to The Mat | 1/29/2009 | See Source »

...past year, Televisa has broadcast daily coverage of the drug war, filming scenes of corpses, firefights and arrests amid the battles between trafficking warlords and government forces. However, it has not led any groundbreaking exposés on the cartel empires or their networks of political corruption. "We do not hold back from reporting anything. But at the same time, we do not do detective work because we are not policemen," says Francisco Cobos, news editor at Televisa Monterrey, who witnessed the Jan. 6 blasts...

Author: /time Magazine | Title: Mexico Media on High Alert After Attack on Televisa | 1/15/2009 | See Source »

Televisa has also resisted showing the messages that the cartels write or print on blankets, which are strewn over bridges and hung on public walls as part of their campaign of terrorism. Known as narco mantas (capes), many messages in recent months have accused the administration of President Felipe Calderón of working with the Sinaloa cartel based on Mexico's Pacific Coast. Monterrey is home to the rival Gulf cartel, which is believed to be behind many of these messages...

Author: /time Magazine | Title: Mexico Media on High Alert After Attack on Televisa | 1/15/2009 | See Source »

...from an informant. They stopped Zuniga and the seven men as they cruised around town in a pair of bulky SUVs. Police allege the beauty queen's boyfriend, Orlando Garcia Urquiza, who was in the cruiser with her, is a high-ranking member of the Juarez Cartel, which controls smuggling into west Texas. Garcia's brother Ricardo was identified as the cartel's operational commander when he was arrested three years ago. Police also allege that Zuniga made trips to Colombia this year that were unconnected to her work as a model. The beauty queen's father denied that...

Author: /time Magazine | Title: Busted! Taking Down Miss Hispanic America | 12/27/2008 | See Source »

...Zetas act as the enforcement wing of the Gulf Cartel and extort payments from anyone who moves narcotics through their territories. The Oaxaca coast, where Cobo joined, is strategically important in trafficking routes of cocaine from Colombia to the United States. It is also the thinnest point between the Pacific and the Gulf of Mexico. "The Gulf Cartel controls the drug trade along the Gulf of Mexico and dominates the movement of drugs into this country primarily through Texas," said Michele M. Leonhart, Acting Administrator of the U.S. Drug Enforcement Administration in a recent statement. "They are known, even among...

Author: /time Magazine | Title: Confessions of a Mexican Narco Foot-Soldier | 12/26/2008 | See Source »

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