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Extortion and gang violence are hitting even big corporations and business leaders in Mexico
- Mexico’s largest corporations face demands from drug cartels, with gangs controlling sales and prices of goods.
- Julio Almanza, head of Tamaulipas business chamber, stated, “Charging extortion payments has practically become the national sport in Tamaulipas”.
- The American Chamber of Commerce reported that 12% of members said organized crime partially controls their goods' sales and pricing.
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16 Articles
Extortion and gang violence hitting even big corporations and business leaders in Mexico
Even Mexico’s largest corporations are now being hit by demands from drug cartels, and gangs are increasingly trying to control the sale, distribution and pricing of certain goods. Well-known, high-ranking business leaders aren't even safe. On Monday, the head of the business chambers' federation in Tamaulipas state, across the border…
·Sakado, Japan
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Associated Press News+13 Reposted by 13 other sources
Extortion and gang violence are hitting even big corporations and business leaders in Mexico
Even Mexico's largest corporations are now being hit by demands for protection payments from drug cartels, and gangs are increasingly trying to control the sales, distribution and pricing of certain goods.
·United States
Read Full ArticleCoverage Details
Total News Sources16
Leaning Left4Leaning Right1Center9Last UpdatedBias Distribution64% Center
Bias Distribution
- 64% of the sources are Center
64% Center
L 29%
C 64%
Factuality
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