Word: colombia
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Dates: during 1980-1989
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...Multinational Force and Observers (M.F.O.) provided for in the 1979 Israeli-Egyptian peace treaty. The U.S. had agreed to provide about half of the troops, but Haig wanted to broaden the international support for the Camp David peace process. Others who have agreed to take part: Fiji, Colombia and Uruguay...
...favorite strategy of marijuana smugglers is for a drug-laden "mother ship," usually an aging freighter, to sail from Colombia or the Caribbean and then stay bobbing 50 miles or so off the Florida coast. On long hauls, drug runners motor out to the mother ship in yachts and fishing boats to pick up the cargo and then shuttle back to the mainland, docking anywhere along some 3,000 miles of South Florida coastline; on shorter hauls, they roar out in souped-up racing speedboats, called "cigarette" boats after the tobacco-bootlegging vessels of the 1930s. Costing as much...
Drug importers in South Florida commonly pay for their merchandise by opening a checking account in a local bank under a false name, then quickly transferring the money to a bank in Colombia or another country where drugs are produced. By changing account names every few months, the dealers can stay ahead of government sleuths. The transactions at the South American end are usually handled by professional money exchangers who trade the U.S. currency on the black market to avoid low official exchange rates. The FBI launched an undercover "sting" this summer by creating such a money-exchange company...
Newly tightened enforcement of bank reporting laws has made it vastly more difficult to send large sums anonymously from the U.S. to Colombia, yet the money still manages to get through. Every week a Colombian air force C-130 transport plane flies to Fort Lauderdale with wooden crates containing up to $10 million from Colombia's central bank. The surplus greenbacks are being legally returned by Bogota to the Federal Reserve System in exchange for credit...
...world championship in broken IMF agreements." The situation is now so bad that nobody will lend Costa Rica even the short-term money it needs for the rest of the year. In July and August, the government sent representatives to the U.S., Canada, West Germany, France, Mexico, Venezuela and Colombia in pursuit of a fast $60 million; the representatives came home emptyhanded...