JUAREZ IS IN AGONY
m3report | October 13, 2010 at 5:30 am | Categories: Uncategorized | URL: http://wp.me/pg2Ga-Ev

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El Diario de Juarez (Cd. Juarez, Chihuahua) 10-12-10

Editorial by Martin Coronado

In the midst of a huge economic crisis intensified by violence, extortion, kidnappings and government apathy, Juarez is in agony. To continue as we have, according to experts and business groups, this city cannot last for more than six months. This border city, which in 2007 recorded full employment, was a paragon of economic expansion, and an example for the rest of the country. Now all that is an illusion.

The war between drug cartels, extortions and kidnappings have brought unemployment, the massive closure of businesses of all types and the exodus of people, assets and businesses to El Paso and other cities. The businesses that have opened are now closed due to almost three years of losing customers. Experts have said that Juarez could take advantage of the economic crisis in the United States had it not been for the violence that broke out after the government declared war on narcotics.

Federico Ziga Fernandez, President of the Chamber of Commerce, said that until security returns to Juarez the economy cannot grow even if recovery comes to the United States. He said that if extortions and kidnapping do not stop, businesses will continue to close or look for a more peaceful place where they can invest and generate employment without the risk of losing their lives or personal assets.

Jorge Contreras Fornelli, President of Economic Growth of Ciudad Juarez, said that obviously it is violence that is retarding the economy in Juarez. He said that when there is crisis in the United States, its businesses usually look for places like Juarez to invest. But this time, it is not like that because violence reduces and blocks growth.

The federal government started the war against crime without anticipating the collateral economic damage. While there is no security, no strategy of economic recovery will work and the city continues to pay the price.

http://www.diario.com.mx/notas.php?f=20 ... bdb7aaa6ed

The bloodiest narcotics gang

La Prensa (Mexico City) 10-12-10

OEM - In Mexico the last letter in the alphabet is synonymous with extreme violence and terror connected to a growing band of narcotraffickers that has spread over vast areas of the country over the last few years. “Los Zetasâ€