June 3, 2010 |
More than half of the "breathtaking" sums of money earned by Mexican drug cartels in the U.S. and smuggled into this country dissolves into Mexico's cash-based economy, eluding detection and funding vast criminal operations, according to a new U.S.-Mexican government study released Wednesday. The study, described by a senior U.S. official as the first of its kind, attempts to explore the ways illicit drug-trafficking profits make their way from the United States to Mexico or Colombia and how to stem the tide.
February 4, 2006 |
Mexico this month will become the first foreign nation to sell small-denomination government bonds in the United States aimed at mom-and-pop investors, the Mexican Finance Ministry said Friday. Starting Feb. 13, investors in the U.S. will be able to purchase the Mexican bonds in denominations of $1,000 from a network of brokerage firms including Charles Schwab, Merrill Lynch and Morgan Stanley. The bonds will be available in various maturities, ranging from about three years to 10 years.
May 12, 2002 |
They start gathering at dawn. Men in sweat-stained cowboy hats and mud-caked boots stand next to women in Indian skirts and smocks hand-woven in subtle mixes of blue, red, green and yellow. Most arrive with sharp if rust-dotted machetes hooked to their belts. But Antonia Perez faces the daily crowd armed only with a spiral notebook and a navy-blue backpack crammed with folders and complaint forms.
January 22, 2002 |
President Vicente Fox may have caught the first big fish of his anti-corruption campaign--although this catch could prove to be a shark that bites back. Auditor General Francisco Barrio said over the weekend that his office is investigating charges that executives of Pemex, the state-owned oil company, siphoned off at least $120 million and channeled it to the oil workers union in 2000.
January 5, 2002 |
The Mexican government Friday appointed a special prosecutor to investigate the disappearances of hundreds of leftist rebels in the 1970s and early 1980s, another step toward realizing President Vicente Fox's vow to punish those who committed human rights abuses. The appointment of Ignacio Carrillo Prieto, a lawyer and academic who lost a cousin in the so-called dirty war, comes nearly six weeks after the National Human Rights Commission issued a 2,846-page report on the disappearances.
December 15, 2001 |
The first time Martha Camacho saw her newborn son, he had a machine gun to his head. The boy was just seconds old. Camacho was one of Mexico's desaparecidos, or "disappeared ones," when she gave birth, bound and blindfolded, in a secret government safe house 24 years ago. Her husband, the father whom her son has never known, remains a desaparecido.