Tag: Drug Trade
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Global Banks Are The Financial Services Wing of The Drug Cartels
A Colombian soldier inspects the harvest of a 50-acre coca plantation: fines for laundering drugs money may seem huge, but banks pay them out of petty cash. Photograph: Efrain Patino/AP “Steal a little,” wrote Bob Dylan, “they throw you in jail; steal a lot and they make you a king.” These days, he might recraft…
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How the CIA Operates the International Drug Trade and keeps Drugs Illegal in the US
What keeps the drug industry going is its huge profit margins. Processed cocaine is available in Colombia for $1500 dollars per kilo and sold on the streets of America for as much as $66,000 a kilo (retail). Heroin costs $2,600/kilo in Pakistan, but can be sold on the streets of America for $130,000/kilo (retail). …
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How a big US bank laundered billions from Mexico’s murderous drug gangs
As the violence spread, billions of dollars of cartel cash began to seep into the global financial system. But a special investigation by the Observer reveals how the increasingly frantic warnings of one London whistleblower were ignored A soldier guards marijuana that is being incinerated in Tijuana, Mexico. Photograph: Guillermo Arias/AP On 10 April…
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WAR ON DRUGS: US military Admits Guarding, Assisting Lucrative Opium Trade In Afghanistan
(NaturalNews) Afghanistan is, by far, the largest grower and exporter of opium in the world today, cultivating a 92 percent market share of the global opium trade. But what may shock many is the fact that the US military has been specifically tasked with guarding Afghan poppy fields, from which opium is derived, in order…