Tag: cartels
The end of the container cartels – Why Maersk and MSC are breaking their alliance
MSC and Maersk The two shipping giants end their alliance. (Photo: Bloomberg, Montage) Singapore The steel box of the Swiss shipping company MSC floats almost silently over the deck of…
Mexican official charged with corruption in US court
Genaro Garcia Luna The former minister was responsible for fighting the cartels for several years. (Photo: Reuters) Mexico City It’s about bribery in the millions, drugs, enrichment and bribes for…
How cartels throw Mexico’s economy into chaos
Mexico City Organized crime has a firm grip on Mexico’s economy, albeit indirectly. In Michoacán in western Mexico, avocados destined for export to the United States were left lying on…
Mexican cartels use them to launder money
Drug discovery in Latin America The cartels make most of their money from drugs. The profits made are laundered into billions. (Photo: imago images/Agencia EFE) Mexico City, Frankfurt Organized crime…