Word: cartellization
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...erupted in towns and cities along Mexico's border with Texas and down the coast of the Gulf of Mexico. Protesters have blocked main avenues, slowed traffic across international bridges into the U.S. and clashed with federal police. The Mexican authorities blame this entire movement on the Gulf drug cartel and its bloody band of enforcers known as the Zetas. The demonstrators, says the government, are simply a rent-a-mob being deployed in desperation against a military-led crackdown on the cartels. (See pictures of Mexico's drug wars...
...Espionage dramas need their mysteries, and the first one here is: the international what? Has that adjective become a noun, like the continental or the cosmopolitan? Is the international a man or an anthem, a cartel or a cocktail...
...started to cascade from over $141 a barrel this last summer to well below $40, OPEC knew that its members would not be able to support their own economies which, in many cases rely almost entirely on income from crude sales. Russia, which is not a member of the cartel, is facing similar trouble, so the incentive to move oil back toward $70 gets greater as each day passes. (See pictures...
...According to MarketWatch, "OPEC is ready to make further cuts in oil production in coming months if prices and global demand don't stabilize, the oil cartel's secretary general said at the World Economic Forum...
...countries in the cartel have relied on oil to build their own infrastructures and sovereign funds. The money has allowed them to invest in businesses throughout the U.S., E.U., and Japan. Now, when assets in those nations are relatively cheap, OPEC members have lost the capital that they need to take advantage of bargains...