Word: cartels
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Dates: during 2000-2009
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...confessed drug cartel hood whose alias is "The Nut Job," Marco Vinicio Cobo is remarkably calm and plain-looking. Sitting in the blue-walled interrogation room of a Mexican army base, the chubby, goatee-bearded 30-year-old coolly describes his work for the Zetas, a feared paramilitary force responsible for thousands of brutal murders. And even when he details how his bosses kidnapped and chopped the head off a soldier, he appears relaxed and unemotional, as if he were discussing the weather. But despite the unsettling indifference of its tone, Cobo's confession - of which a video has been...
Public security in Mexico has all but collapsed under the blood-soaked weight of a drug cartel war and an equally vicious convulsion of criminal abduction. Kidnapping is such a booming business south of the border that an astonishing 5% of the country's 106 million people report having been a victim or having known one, according to a new survey by the Mexican polling firm Gabinete de Comunicacion Estrategica. In the same poll, 45% of Mexicans who have a phone line said they've been victims of telephone extortion, in which persons call a residence, claim they've abducted...
...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...
...deepening fears among oil-rich nations of an economic disaster at home. Whereas in July, with futures at a record high of $147 a barrel, the daily oil earnings for Opec's 11 members stood at $4 billion, this week, with oil hovering at around $43 a barrel, the cartel's combined daily earnings stood closer to $1.2 billion. Saudi Arabia's oil minister Ali Al-Naimi said last month that Opec members needed a price range of between $60 and $80 a barrel in order to sustain their exploration and costly production. To achieve that, he recommended that...
...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...