Word: cartelism
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...drug imports. Federal drug agents are making impressive cases, last year seizing almost 70 tons of cocaine and more than $1 billion worth of cash and assets -- roughly double the Drug Enforcement Administration's 1990 budget of $549 million. A relentless Colombian government campaign has disrupted the Medellin cocaine cartel's refining and transportation operations...
Colombia. An eerie truce has enveloped the Great Colombian Drug War. To fend off the government's relentless assault on his empire, Medellin cartel boss Pablo Escobar Gaviria seems to have forsaken bombs and gun battles in the streets, which have killed more than 1,000 people in the past 15 months, and opted instead for high-profile kidnappings and negotiations. Since August, Escobar's mob has been holding seven journalists -- including Hoy X Hoy magazine editor Diana Turbay, the daughter of a former President -- and threatening to kill them unless a peace deal can be worked...
Last week the cartel said hundreds of its members might actually surrender and accept a government offer not to extradite them to the U.S. if authorities came up with additional guarantees. The administration of President Cesar Gaviria Trujillo expressed interest in the latest message. Government pressure on the cartel's cocaine-refining labs has reduced output 15% to 25% from a year ago, forcing the drug empire to move some refineries to Peru, Brazil, Ecuador and Venezuela. Still, more than 700 tons of refined cocaine flow out of Colombia annually...
...scripted melodrama, but he was not the only one wondering if he would ever face a verdict in a U.S. court. The government last week found itself floundering even further in its bid to convict Noriega of allowing Panama to be used for drug shipments by the Colombian cocaine cartel. During his hearing, Noriega's three attorneys sought to have Hoeveler dismiss the case on the basis of government misconduct, including the alleged illegal taping of Noriega's telephone conversations with his lawyers from his cell at the Metropolitan Correctional Center near Miami. Said attorney Frank Rubino: "The quality...
...said the cartel's recent failure to control Kuwait's oil production led to lower oil prices and reduced the profits reaped by Iraq and other nations which followed OPEC guidelines...