Author: Staff

Mexico’s president opposes legalizing marijuana, calls it ‘a gateway drug’

Posted by | Feb 6, 2013 | |

More than 12,000 people were murdered last year in the Mexican drug war, The Washington Post’s Nick Miroff reported, a figure that’s been largely unchanged over the past three years. Mexican President Enrique Peña Nieto has vowed to cut down on the violence, and he recently talked with the German news magazine Der Spiegel about his priorities.via Mexico’s president opposes legalizing marijuana, calls it ‘a gateway...

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Mexico businessman on US kingpin list for allegedly laundering money for Zetas drug cartel – The Washington Post

Mexico businessman on US kingpin list for allegedly laundering money for Zetas drug cartel – The Washington Post

Posted by | Feb 6, 2013 | |

The U.S. Treasury Department says it is levying financial sanctions against a Mexican businessman who allegedly launders money for the Zetas drug cartel.The department’s Office of Foreign Assets Control says in a statement Tuesday that it is acting against Filemon Garcia Ayala under the U.S. Kingpin Act. A listing bars U.S. citizens from having business transactions with the person and allows authorities to freeze their assets in the United States.via Mexico businessman on US kingpin list for allegedly laundering money for Zetas drug cartel – The Washington...

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How The Labor Movement Did A 180 On Immigration : NPR

Posted by | Feb 6, 2013 | |

The AFL-CIO begins a big push this week to build momentum for comprehensive changes to the nation’s immigration laws.But it wasn’t long ago that organized labor viewed illegal workers in the U.S. as a threat — and fought against proposals that would lead to citizenship.Richard Trumka, president of the AFL-CIO, referenced the labor movement’s history with the immigration issue in a YouTube message to members late last year.“I want to talk to you about a topic that hasn’t always been an easy one for our movement,” Trumka said, “but it’s one that’s key to restoring the middle class and growing the economic power of working people. That’s immigration.”To say immigration hasn’t been an easy topic for labor is an understatement.via How The Labor Movement Did A 180 On Immigration :...

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HSBC Reputation ‘Crushed’ by Mexican Money Laundering, CEO Says – Bloomberg

HSBC Reputation ‘Crushed’ by Mexican Money Laundering, CEO Says – Bloomberg

Posted by | Feb 6, 2013 | |

HSBC Holdings Plc’s reputation was “crushed” after it agreed to pay $1.92 billion to settle U.S. probes of money laundering in places such as Mexico, Chief Executive Officer Stuart Gulliver said.“I’ve been in the firm 33 years and this gives me absolutely no pleasure whatsoever,” he told U.K. lawmakers in London today. “You shouldn’t be under any illusion as to how seriously we take this and how upsetting this whole thing has been. We’ve crushed our reputation with the Mexican events.”via HSBC Reputation ‘Crushed’ by Mexican Money Laundering, CEO Says –...

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Mexico’s drug wars quieter as U.S. considers new immigration policies

Posted by | Feb 6, 2013 | |

Héctor Murguía is wearing a satisfied smile that has nothing to do with the steaming cup of soup sitting before him or the comfortable office that he occupies as this city’s chief executive.Just hours before, the mayor’s reinvigorated police force notched another important victory in the long, bloody campaign to restore order to what had become one of the most violent places on the face of the globe.Jesus Rodrigo Fierro-Ramirez, a former Mexican state policeman-turned-brutal enforcer for the Sinaloa drug cartel, was killed in a nighttime raid of a cartel safe-house on the outskirts of town. Ramirez, the mayor said, was armed with grenades and a cache of high-powered rifles similar to those responsible for so many of the 10,000 deaths here in just the past four years — all casualties of a drug war that pushed this once-bustling border city to the brink of ruin.via Mexico’s drug wars quieter as U.S. considers new immigration...

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