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Word: narco (lookup in dictionary) (lookup stats)
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...safe bet that no matter how effective these efforts, cocaine would find its way to the United States, whose appetite for the white powder funds a massive narco-economy throughout the Americas and beyond. It's simple supply and demand. Free-market disciples such as Presidents Clinton and Bush appear to forget the fundamentals of their economic philosophy when it comes to the drug trade, pouring billions of dollars into efforts to choke the supply while doing little to curb demand. This year's annual report by the White House Office of National Drug Control policy revealed that...

Author: /time Magazine | Title: Peru Plane Tragedy Highlights a Troubled War on Drugs | 4/24/2001 | See Source »

...moment, that the plane downed by the Peruvian air force had been carrying 250 kilograms of cocaine - a relatively small load - rather than a family of missionaries. Assume, further, that the pilot had demanded $500,000 to fly the risky mission, and that the plane itself had cost the narco-traffickers another half million. That million-dollar loss in the failed mission still amounted to less than 10 percent of the street value of the shipment. And that's plenty of incentive for the traffickers to keep finding more and more ingenious ways of getting their wares to market. With...

Author: /time Magazine | Title: Peru Plane Tragedy Highlights a Troubled War on Drugs | 4/24/2001 | See Source »

...than one third of that country. Because the guerrillas allow massive drug cultivation in their territory, the U.S. justifies the money as part of its war on drugs, and the Colombian government is only to happy to accept since the rebels earn hundreds of millions every year taxing the narco-traffickers. But critics warn the expanded military commitment is simply drawing the U.S. into a quagmire, and point out the poor human rights record of the Colombian military and the fact that many of its senior officers have colluded with right-wing paramilitaries who have been responsible for a number...

Author: /time Magazine | Title: For Urgent Attention: President Bush | 12/28/2000 | See Source »

...while Haitian police say they fear that drug money is filtering into his businesses, he is not suspected of drug trafficking. "But I have many friends here involved in that business," he says, smiling to reveal a lone lower tooth that juts out like a tusk. Is their narco cash invested in his mall? Says Oreste: "My conscience is clear...

Author: /time Magazine | Title: Coke Floats | 12/11/2000 | See Source »

...rate prices that would give a drug lord heart failure. European tourists who recently came ashore in sailboats were beaten by mobs because their vessels contained no dope. Diplomats already call Haiti a failed state. But scenes like these are earning the country the brand of something worse: a narco state...

Author: /time Magazine | Title: Coke Floats | 12/11/2000 | See Source »

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