Word: narcos
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...once popular Rosarito Beach, where some 1.5 million tourists usually visit each year (and where 14,000 U.S. residents have homes), the narco-war news coverage has "murdered" business, according to city mayor Hugo Torres. Tourism in the first months of the year is off nearly 90%, he says...
...strongly urge any U.S. investors to stay away from Mexico real estate," says Nancy Conroy, former editor and publisher of the English language newspaper, Gringo Gazette North. "Basically, northern Baja is under military occupation, there are several narco shootings per day, and tourists are not immune...
...several books on the political economy of the drug trade. Says Adam Isaacson, a Colombia analyst at the Washington-based Center for International Policy: "Don Mario had important control over cocaine production and drug trafficking routes, and now they're all up for grabs." (See pictures from the narco underworld in Medellin and beyond...
Once one of the cocaine trafficking capitals of the world, Medellin experienced a rare few years of respite and calm after 2003, when thousands of narco-financed paramilitary groups started putting down their arms in exchange for amnesty or reduced sentences. At the same time, however, many observers attribute the reduced levels of violence to the control that another drug lord and paramilitary leader, Diego Fernando Murillo Bejarano, alias "Don Berna," held over the city, suppressing uprisings from other drug gangs. But in May 2008, Don Berna was arrested and extradited to the U.S. and Don Mario sought control over...
Guatemala has long been a drug transshipment point between South and North America. But only in recent years have investigators begun to see how firmly a narco-economy is taking hold there, which is always bad news for small, poor and corrupt countries like Guatemala. Experts say it's hard to know just how much the Guatemalan economy depends on drug profits, but they agree that it's a significant source of employment and capital today. If trafficking and related businesses were shut down, unemployment would skyrocket in certain parts of the country, like La Reforma, says Leonel Ruiz, second...