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Word: cartelizing (lookup in dictionary) (lookup stats)
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...many amid the gathering economic gloom has been the pleasant sensation of filling their cars with ever cheaper gasoline. But that relief at the gas pump has slashed the revenues of the oil-producing countries, and on Wednesday they pushed back when the 11 oil ministers of the Opec cartel agreed to cut their combined output by about 2.2 million barrels a day starting January 1. The biggest production cut in Opec's 48-year history is an emergency measure aimed at reversing the precipitous slide in world oil prices, which the cartel hopes to push up to almost double...

Author: /time Magazine | Title: OPEC Cuts Production in Effort to Reverse Price Slide | 12/17/2008 | See Source »

...recreation area shootout last March seemed to pit Guatemalan trafficker, Juan Jose "Juancho" Leon Ardon, linked to the Gulf cartel, against members of the Sinaloa cartel, believed to be led by Mexican drug boss, Joaquin "El Chapo" Guzman Loera. Local newspapers reported that Leon Ardon and his group had stolen a drug shipment from the Sinaloa cartel, which then allegedly sought vengeance by killing Leon Ardon and 10 of his men. The 12th victim was Arturo Damian Casanova, a Mexican national and suspected member of the Sinaloa cartel. In April, the Guatemalan police detained Mexican national Daniel "El Cachetes" Perez...

Author: /time Magazine | Title: Mexico Exports Its Drug Wars to Guatemala | 12/12/2008 | See Source »

Over the summer, President Felipe Calderón's antidrug czar, Noe Ramirez, resigned abruptly. The likely reason became apparent this week after Ramirez was detained by federal officials and accused of taking $450,000 to keep Mexico's most powerful narco mafia, the Sinaloa Cartel, informed about police antidrug operations. He is the highest-ranking government official to be nabbed in this year's anticorruption sweep. (See pictures of crime-fighting in Mexico City...

Author: /time Magazine | Title: In Mexico's Drug War, Bad Cops Are a Mounting Problem | 11/22/2008 | See Source »

...cartels, which run a $25 billion-a-year trafficking industry in Mexico, have also intensified their campaign of co-opting police. Not that Mexico's woefully undertrained and underpaid cops are that hard a mark. But the relentless revelations of the breadth of the corruption - including allegations that officers under Mexico's Public Security Minister, Genaro Garcia Luna, were involved in high-profile kidnappings - seem to make a mockery of Calderón's efforts to stamp it out. "This is Calderón's Iraq," says Sergio Aguayo, a security expert at the Colegio de Mexico in Mexico City...

Author: /time Magazine | Title: In Mexico's Drug War, Bad Cops Are a Mounting Problem | 11/22/2008 | See Source »

...Mexico's narco-calamity more seriously. Even U.S. Ambassador to Mexico Tony Garza this week took issue with Washington's complacency about curbing gringo demand for cocaine and the smuggling of Yanqui guns to Mexican drug gangs. "The truth is, Mexico would not be at the center of cartel activity, or be experiencing this level of violence," Garza said in San Antonio, "were the U.S. not the largest consumer of illicit drugs and the main supplier of weapons to cartels...

Author: /time Magazine | Title: In Mexico's Drug War, Bad Cops Are a Mounting Problem | 11/22/2008 | See Source »

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