Extortion, gang violence hits even big corporations and business leaders in Mexico

  • 📰 NBCNewsHealth
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

News News

United States United States Latest News,United States United States Headlines

The Associated Press

Even Mexico’s largest corporations are now being hit by demands from drug cartels, and gangs are increasingly trying to control the sale, distribution and pricing of certain goods. Well-known, high-ranking business leaders aren’t even safe. On Monday, the head of the business chambers’ federation in Tamaulipas state, across the border from Texas, gave television interviews complaining about drug cartel extortion in the state.

” That means drug cartels are distorting parts of Mexico’s economy, deciding who gets to sell a product and at what price — and in return they are apparently demanding sellers pass a percentage of sales revenue back to the cartel. In the past, cartels have carried out violent attacks, arson and even killings of those found selling goods that had not been “authorized” by them or bought from distributors they control.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 707. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Extortion and gang violence are hitting even big corporations and business leaders in MexicoEven Mexico's largest corporations are now being hit by demands for protection payments from drug cartels, and gangs are increasingly trying to control the sales, distribution and pricing of certain goods.
Source: ksatnews - 🏆 442. / 53 Read more »

Extortion and gang violence are hitting even big corporations and business leaders in MexicoEven Mexico's largest corporations are now being hit by demands for protection payments from drug cartels, and gangs are increasingly trying to control the sales, distribution and pricing of certain goods.
Source: AP - 🏆 728. / 51 Read more »

Extortion and gang violence are hitting even big corporations and business leaders in MexicoEven Mexico's largest corporations are now being hit by demands for protection payments from drug cartels, and gangs are increasingly trying to control the sales, distribution and pricing of certain goods.
Source: wjxt4 - 🏆 246. / 63 Read more »