June 17, 2012

How a Mexican Drug Cartel Makes Its Billions

Patrick Radden Keefe, New York Times

AP Photo

The Sinaloa cartel can buy a kilo of cocaine in the highlands of Colombia or Peru for around $2,000, then watch it accrue value as it makes its way to market. In Mexico, that kilo fetches more than $10,000. Jump the border to the United States, and it could sell wholesale for $30,000. Break it down into grams to distribute retail, and that same kilo sells for upward of $100,000 - more than its weight in gold. And that's just cocaine. Alone among the Mexican cartels, Sinaloa is both diversified and vertically integrated, producing and exporting marijuana, heroin and methamphetamine as well.

Read Full Article ››

TAGGED: Sinaloa cartel, Joaquin Guzman, Joaquin Guzman Loera, Cocaine, Drug War, Mexico

RECOMMENDED ARTICLES

June 13, 2012
Mexico Drug Violence Marches North
Ted Galen Carpenter, Nat'l Interest
One of the most-debated issues about the orgy of drug-related violence in Mexico is whether the turmoil is confined to that country or is having a significant impact on the United States. The conventional wisdom is that although... more ››
Two-thirds of adults in the United States believe the “War on Drugs” has been futile, and a majority continue to call for the legalization of marijuana in the country, a new Angus Reid Public Opinion poll has found. ... more ››
June 7, 2012
The Old Guard in a New Mexico
Shannon O'Neil, Foreign Affairs
After voting the Institutional Revolutionary Party (PRI) out of Los Pinos, Mexico's presidential residence, twelve years ago, the country looks poised to bring it back. The PRI's candidate, Enrique Peña Nieto, continues to... more ››
June 8, 2012
Will Immigration Deadlock Speed U.S. Decline?
Fareed Zakaria, Time
We think of ourselves as the world's great immigrant society, and of course, for most of the country's history, that has been true. But something fascinating has happened over the past two decades. Other countries have been... more ››