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A New Chance For Mexico's Old Party Against Corruption and Money Laundering
July 3rd, 2012
The Institutional Revolutionary Party (PRI)'s victory in Mexico's presidential elections signifies a new challenge for curbing Mexican capital flight. Returning after a 12 year hiatus from office, PRI will govern both a quickly growing democracy and an underground economy that transcends the party's old negotiation strategy. Modern drug traffickers in Mexico's most corrupt regions have more intelligent and larger money laundering operations than those of previous decades, signaling a need for greater transparency in Mexico's financial structure.
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USSOUTHCOM Commander: Illicit Financial Flows Enable 'Staggering' Transnational Organized Crime
March 15th, 2012
Last week, U.S. Air Force General Douglas M. Fraser, Commander of US Southern Command, testified before the Senate Armed Services Committee. SOUTHCOM is the U.S. military's arm in the Americas, and naturally deals frequently with issues relating to the drug trade and organized crime syndicates. During his testimony (PDF), he highlighted the problems posed to U.S. security by the easy flow of illicit money across borders.
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