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WNU #1038: Most Cocaine Profits Stay in the US

by Weekly News Update (weeklynewsupdate [at] gmail.com)
Mazzitelli said that these figures “demythologize” the idea that the Latin American drug traffickers are the main beneficiaries of the drug trade.
Weekly News Update on the Americas
Issue #1038, June 27, 2010

1. Latin America: Most Cocaine Trade Profits Stay in the US
2. Honduras: Police, Military Kill Aguán Campesino
3. Guatemala: Goldcorp, Government Stall on Mine Suspension
4. Mexico: Activist Seeks Asylum at Venezuelan Embassy
5. Links to alternative sources on: Brazil, Bolivia, Peru, Ecuador, Colombia, Venezuela, Honduras, Mexico, Jamaica, Haiti, US

ISSN#: 1084 922X. Weekly News Update on the Americas covers news from Latin America and the Caribbean, compiled and written from a progressive perspective. It has been published weekly by the Nicaragua Solidarity Network of Greater New York since 1990. For a subscription, write to weeklynewsupdate [at] gmail.com . It is archived at http://weeklynewsupdate.blogspot.com/

*1. Latin America: Most Cocaine Trade Profits Stay in the US
Some 85% of the gross profits from trafficking cocaine from South America to the US remain with US distribution networks, Antonio Luigi Mazzitelli, United Nations Office on Drugs and Crime (UNODC) representative for Mexico and Central America, told the Spanish wire service EFE on June 26. [...]

Read the full Update:
http://weeklynewsupdate.blogspot.com/2010/06/wnu-1038-most-cocaine-profits-stay-in.html



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