cocaine

Acknowledging Cocaine Capital in Central American Development

Published

2 years ago

March 10, 2023

admin

Authors

Zoe Pearson ,

Alexandre Skiba,

Kendra McSweeney

Erik Nielsen

Justin Piccorelli

Abstract

Cocaine trafficking has a significant but understudied influence on Central American economies. The economic implications of this trade have repercussions for both regional development and drug control policy debates, and therefore deserve greater attention. Towards that end, in this paper we provide estimates of 1) the value of trade of primary cocaine movements that were delivered to Central America, by country (excluding El Salvador) between 2000 and 2018; and 2) the value added by the cocaine trade to Central American economies. Due to limits in data availability, we compare several estimation approaches to impute missing price and volume data using information available to us. We then use available and imputed figures to estimate the value of cocaine movements for each country over time, and the value added as a measure of difference between the Central American country of arrival and the source country of Colombia. In interpreting and discussing our findings we draw attention to the economic pressures, volatility, and development challenges faced by countries that have become important waypoints in the cocaine trade because of supply-side cocaine control efforts.

How to Cite: Pearson, Z., Skiba, A., McSweeney, K., Nielsen, E. and Piccorelli, J., 2022. Acknowledging Cocaine Capital in Central American Development. Journal of Illicit Economies and Development, 4(2), pp.160–176. DOI: http://doi.org/10.31389/jied.110

Source link

cocaine

Shipment of grapes entering Canada hid massive stash of suspected cocaine

Published

3 weeks ago

November 3, 2024

admin

More than 600 kilograms of suspected cocaine — roughly the weight of a concert grand piano — was discovered inside a shipment of grapes intercepted by border officers earlier this month.

The seizure took place on Oct. 15 at the Ambassador Bridge in Windsor, Ont.

A spokesperson for the Canada Border Services Agency says an investigation is underway with law enforcement partners.

The agency declined an interview and said it doesn’t comment on the status of ongoing investigations.

CBSA hasn’t provided an estimate of the street value of the 615 kilograms, but earlier this year estimated the value of a cocaine seizure less than half this size at $6.5 million.

https://www.cbc.ca/news/canada/windsor/ambassador-bridge-cocaine-grapes-1.7368639

Source link

cocaine

UK: Drug dealer caught with imitation gun and cocaine after swearing at passing police car

Published

1 month ago

October 19, 2024

admin

Miguel Mota, 18, was stopped by neighbourhood police officers after he shouted abuse at them and then tried to run. In the video above, the officer can be heard saying “You’re bringing attention to yourself by saying ‘f**k you’ as we drive past you”.

Source link

cocaine

Dad of Brit facing 60yrs in US prison for ‘trying to smuggle £3.5m in cocaine’ insists she is ‘only guilty of stupidity’

Published

1 month ago

October 15, 2024

admin

THE DAD of a Brit beautician facing up to 60 years in jail in the US after allegedly smuggling £3.5million worth of cocaine has insisted she is “only guilty of stupidity”.

John Hall, 59, defended his daughter Kim, 28, after she was detained at Chicago’s O’Hare airport as she was waiting for her connecting flight to Manchester.

The dad said she was offered the free holiday by people she met on an earlier trip to Portugal.

And he insisted all she is guilty of is “stupidity and naivety” as they desperately wait for news.

John said that she is “petrified” – and that at first she could barely speak to her family through floods of tears after the arrest.

The dad is convinced that Kim would have been “forced” to carry the drugs “without a shadow of a doubt”.

John told The Sun: “She’s not a drug smuggler.

“She was told that it would be money she was carrying. They got her phone and threatened her family and that’s why she did it.

“She’d been to Portugal with a friend and met people over there who contacted her when she was back saying they were into real estate in Mexico and she could go for a free holiday.

“Her friend declined but she said she would go.

Read more stupidity

https://www.thesun.co.uk/news/31038866/dad-brit-drug-mule-cocaine-prison/

Source link