Word: florida
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...illicit drug trade, according to Vice President George Bush, head of President Reagan's South Florida Task Force, brings in about $100 billion a year. The alarming growth of some aspects of that trade was confirmed last week, when the U.S. State Department released a wide-ranging report on the global narcotics picture. According to the account, worldwide production of marijuana declined last year by more than 10%, thanks in large part to the war against drugs in Colombia, the leading exporter of marijuana to the U.S. Worldwide production of opium, the base for heroin, slipped by a similar amount...
...started cultivating the leaf, in the form of an adaptable strain of the plant known as epadu. Previously, narcotics experts had been confident that coca could be grown only on open mountain slopes; epadu, however, thrives in the jungle. "The bottom line," said Democratic Congressman Dante B. Fascell of Florida, chairman of the House Foreign Affairs Committee, "is that, despite encouraging developments, particularly in Colombia, the (drug) war is being lost...
...narcotics production. The first victim of that law, some Washington officials believe, could be Bolivia, which is to receive $48 million in U.S. assistance during the current fiscal year. "Bolivia's not going to get another dollar, so far as I'm concerned," Republican Senator Paula Hawkins of Florida, the amendment's sponsor, told TIME Correspondent David Beckwith after the State Department report was released...
...means been fruitless. The amount of cocaine seized in the U.S. has increased thirtyfold since 1977, and the wholesale price of a kilo of coke in Miami has jumped from $23,000 to $35,000 in the past six months. In one two-week period a month ago, Florida authorities confiscated over two tons of the drug, more than was seized by all federal agents in 1981. But the record amounts of cocaine intercepted may only serve to prove that there are record amounts of cocaine pouring into the country--through Miami or, increasingly, Arizona, Texas and California...
...Vancouver. Escobar united the coqueros into a cartel and even organized a fund to serve as a kind of insurance in the event of raids or losses. The drug dons were also shrewd enough to invest their profits in diversified holdings: they now own extensive real estate in Florida, half of the approximately 200 high-rises along Panama City's oceanfront, and a variety of small businesses and financial institutions, like currency-exchange houses, through which they can launder their profits. "These guys don't rob banks," says Craig Vangrasslek, who studied the drug industry on a Fulbright scholarship...