Saturday, February 11, 2012

Current World Event #2: Travel Warnings Updated in Mexico due to Drug Raid

Fourteen of Mexico's thirty-one states were just deemed by the U.S. State Department so dangerous that tourists should avoid them at all costs. Four others were said to be visited with extreme caution, the reason being that the Mexican government just announced that 15 tons of pure meth were seized in a town just outside Guadalajara, Mexico's second most populous municipality.

Most of the states that were deemed ill-advised to travel in are along the U.S./Mexico border (which means that a U.S. citizen has no safe driving route from the border to Mexico City). The recent escalated violence is attributed to the rise of powerful drug cartels within Mexico. Not only are the drug cartels dangerous, but even more so are the Mexican government's efforts to eradicate these TCO's (transnational criminal organizations). The lack of response is also overwhelming; Mexico is run by many wealthy families who don't want the drug trade to end.

With the state department's warning, this means that Mexico will face significant losses in revenue from tourism, which usually peaks around this time of year for spring break travel.

It'll be interesting to see whether this event will cause damage in the world economy. Because many maquiladoras are stationed along the U.S./Mexico border, I'm curious as to whether transnational corporations will approach factory business with increased caution or not.


http://www.washingtonpost.com/world/the_americas/us-updates-travel-warning-for-mexico/2012/02/09/gIQAwdGR2Q_story.html

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