IBOV 177,726.17 ▼ 0.09% IPSA 11,157.69 ▲ 1.47% IPC MEX 66,537.33 ▼ 0.47% MERVAL 3,156,332 ▼ 1.02% COLCAP 2,344.80 ▼ 1.26% BVL PERÚ 58,781.02 ▲ 0.81% USD/BRL5.12▲ 0.05% USD/MXN17.26▲ 0.17% USD/CLP913.25▼ 0.04% USD/COP3,174▼ 1.04% USD/PEN3.38▼ 0.27% USD/ARS1,496▼ 0.02% USD/UYU40.26▲ 1.28% USD/PYG5,932▲ 1.44% USD/BOB12.02▲ 0.44% USD/DOP58.08▼ 0.38% USD/CRC448.18▲ 1.60% USD/GTQ7.63▲ 2.33% USD/HNL26.78▲ 0.64% USD/NIO36.62▲ 0.75% USD/VES754.01▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59▲ 0.70% USD/TTD 6.66 — 0.00% EUR/BRL5.91▼ 0.30% BRENT 79.66 ▲ 0.26% WTI 75.35 ▲ 0.17% IRON ORE 161.91 — — COPPER 6.83 ▲ 1.92% GOLD 4,335 ▲ 2.10% SILVER 62.16 ▲ 0.09% SOY 1,175 ▲ 2.02% CORN 460.50 ▲ 5.44% WHEAT 644.75 ▲ 0.39% COFFEE 325.65 ▼ 0.38% SUGAR 15.18 ▲ 0.20% ORANGE JUICE 156.25 ▼ 2.16% COTTON 83.08 ▲ 1.52% COCOA 5,645 ▼ 4.03% BEEF 229.43 ▼ 1.09% CATTLE 348.78 ▼ 0.69% LITHIUM 72.65 ▲ 1.34% PETR4 41.93 ▼ 1.34% VALE3 76.66 ▲ 0.46% ITUB4 42.38 ▲ 0.67% BBDC4 18.05 ▼ 0.76% ABEV3 15.84 ▼ 0.19% BBAS3 21.05 ▲ 0.29% B3SA3 15.55 ▼ 0.96% WEGE3 48.80 ▼ 0.75% PRIO3 59.20 ▲ 1.28% SUZB3 42.84 ▼ 0.42% RENT3 39.20 ▲ 0.28% AZZA3 15.96 ▼ 0.50% CSAN3 3.91 ▼ 3.46% RAIZ4 0.26 ▼ 7.14% PCAR3 2.94 ▲ 6.91% GMAT3 3.89 ▼ 1.52% PSSA3 53.48 ▼ 1.42% CVCB3 1.55 ▲ 12.32% POSI3 3.46 ▼ 1.14% SLCE3 13.51 ▼ 0.44% NATU3 8.30 ▼ 1.43% BRKM5 5.87 ▲ 0.69% RANI3 8.39 ▲ 0.60% CSNA3 4.89 ▲ 2.09% CMIN3 5.90 ▼ 0.17% USIM5 7.46 ▼ 0.80% GGBR4 26.31 ▲ 1.70% ENEV3 26.98 ▼ 0.66% CPFE3 46.09 ▼ 0.56% CMIG4 11.25 ▼ 0.27% EQTL3 39.18 ▼ 0.08% LREN3 13.67 — 0.00% VIVT3 31.21 ▼ 1.39% RAIL3 13.99 ▼ 0.92% KLABIN 18.64 ▲ 2.14% RAIA DROGASIL 20.55 ▲ 5.87% RDOR3 34.45 ▲ 0.15% HAPV3 11.11 ▼ 5.69% FLRY3 17.36 ▼ 0.74% SMTO3 14.30 ▲ 2.58% UGPA3 32.41 ▼ 0.58% VBBR3 35.09 ▼ 0.99% BBSE3 41.67 ▼ 0.95% BPAC11 56.81 ▲ 0.11% CURY3 32.03 ▲ 0.88% AERI3 2.30 ▲ 5.02% VIVARA 22.29 ▼ 1.37% COMPASS 24.22 ▼ 1.54% VAMOS 3.32 ▼ 0.30% SANB11 29.48 ▲ 1.31% ASAI3 8.83 ▲ 1.96% SBSP3 27.71 ▼ 1.07% WALMEX 48.65 ▼ 2.49% GMEXICO 222.65 ▲ 1.95% FEMSA 214.59 ▼ 1.29% CEMEX 19.90 ▼ 0.90% GFNORTE 199.03 ▲ 0.66% BIMBO 61.37 ▲ 0.77% TELEVISA 9.49 ▼ 1.35% AMX 20.74 ▼ 3.45% GAP 374.00 ▼ 1.85% ASUR 272.93 ▼ 1.22% OMA 235.58 ▼ 1.36% KOF 187.07 ▼ 0.26% GRUMA 256.62 ▼ 2.44% KIMBER 40.27 ▼ 0.10% SQM-B 63,950 ▲ 2.40% COPEC 6,288 ▲ 0.95% BSANTANDER 80.20 ▲ 1.01% FALABELLA 6,346 ▲ 1.37% ENELAM 87.05 ▼ 0.74% CENCOSUD 2,020 ▲ 1.66% CMPC 1,030 ▼ 0.95% BANCO CHILE 190.22 ▲ 0.63% LATAM AIR 26.38 ▲ 3.65% YPF 7,675 ▼ 2.10% GGAL 7,630 ▼ 1.42% PAMPA 5,310 ▼ 0.93% TXAR 681.00 ▲ 5.66% ALUAR 945.50 ▲ 1.34% TGS 9,270 ▼ 1.70% CEPU 2,259 ▼ 1.70% MIRGOR 1,640 — 0.00% COME 41.47 ▼ 1.03% LOMA NEGRA 3,490 ▲ 0.36% BYMA 288.75 ▼ 0.94% TELECOM ARG 4,345 ▲ 0.23% ECOPETROL 16.39 ▲ 0.49% BANCOLOMBIA 90.11 ▲ 0.11% GRUPO AVAL 5.30 ▲ 1.73% CREDICORP 394.88 ▲ 0.70% SOUTHERN COPPER 197.00 ▲ 0.94% BUENAVENTURA 33.00 ▲ 2.29% MERCADOLIBRE 1,923 ▲ 1.80% NUBANK 14.48 ▲ 1.05% XP 16.98 ▲ 0.06% PAGSEGURO 9.40 ▼ 1.05% STONE 11.17 ▼ 0.53% GLOBANT 38.38 ▲ 0.66% TECNOGLASS 47.75 ▲ 3.22% GAP AIRPORT 217.52 ▼ 1.44% ASUR 272.93 ▼ 1.22% OMA AIRPORT 109.61 ▼ 1.25% AMX ADR 24.02 ▼ 3.46% FEMSA ADR 124.37 ▼ 1.51% CEMEX ADR 11.55 ▼ 0.52% PETROBRAS ADR 18.36 ▼ 1.92% VALE ADR 14.94 ▲ 0.74% ITAU ADR 8.21 ▲ 0.24% SANTANDER BR 5.79 ▲ 1.94% AMBEV ADR 3.03 ▼ 0.33% CSN 0.98 ▲ 4.98% GERDAU 5.14 ▲ 0.78% LATAM ADR 57.70 ▲ 3.67% BTC 64,577 ▼ 0.03% ETH 1,904 ▼ 0.14% SOL 73.13 ▼ 1.12% XRP 1.04 ▼ 1.69% BNB 593.76 ▲ 0.09% ADA 0.19 ▼ 1.15% DOGE 0.07 ▼ 1.47% AVAX 6.52 ▼ 2.08% LINK 8.09 ▼ 0.72% DOT 0.82 ▼ 2.04% LTC 44.93 ▼ 0.76% BCH 211.75 ▼ 1.20% TRX 0.33 — 0.00% XLM 0.16 ▼ 3.09% HBAR 0.07 ▼ 1.35% NEAR 1.68 ▼ 0.94% ATOM 1.33 ▼ 1.61% AAVE 88.02 ▼ 1.92% SELIC 14.00% INTER 5.71 ▲ 0.18% EGX 54,875 ▲ 0.39% USD/ZAR16.31▼ 0.04% USD/NGN 1,360 — 0.00% NIKKEI 65,683 ▼ 0.93% CSI300 4,651 ▼ 0.15% HSI 25,530 ▼ 1.49% NIFTY 24,633 ▲ 0.03% KOSPI 6,296 ▼ 4.58% JCI 6,344 ▼ 0.12% USD/JPY157.86▲ 0.07% USD/CNY6.74▼ 0.19% DAX 26,198 ▲ 0.27% CAC 8,728 ▲ 0.68% FTSE 10,924 ▲ 0.33% MIB 53,940 ▲ 0.92% IBEX 20,296 ▲ 1.19% STOXX 660.39 ▲ 0.49% EUR/USD1.15▼ 0.10% GBP/USD1.35▲ 0.04% SPX 7,724 ▼ 0.17% DJI 54,349 ▲ 0.49% NDX 29,488 ▼ 0.83% RUT 3,019 ▼ 0.59% TSX 36,146 ▲ 0.96% VIX 15.93 ▲ 0.76% USD/CAD 1.4011 — 0.00% US10Y 4.6170 ▼ 0.22% IBOV 177,726.17 ▼ 0.09% IPSA 11,157.69 ▲ 1.47% IPC MEX 66,537.33 ▼ 0.47% MERVAL 3,156,332 ▼ 1.02% COLCAP 2,344.80 ▼ 1.26% BVL PERÚ 58,781.02 ▲ 0.81% USD/BRL 5.12 ▼ 0.39% USD/MXN 17.26 ▲ 0.03% USD/CLP 913.25 ▼ 0.13% USD/COP 3,174 ▼ 1.04% USD/PEN 3.38 ▼ 0.41% USD/ARS 1,496 ▼ 0.03% USD/UYU 40.26 ▲ 1.26% USD/PYG 5,932 ▲ 1.44% USD/BOB 12.02 ▲ 0.44% USD/DOP 58.08 ▼ 0.38% USD/CRC 448.18 ▲ 1.60% USD/GTQ 7.63 ▲ 2.33% USD/HNL 26.78 ▲ 0.64% USD/NIO 36.62 ▲ 0.75% USD/VES 754.01 ▲ 4.69% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.59 ▲ 0.70% USD/TTD 6.66 — 0.00% EUR/BRL 5.91 ▼ 0.27% BRENT 79.66 ▲ 0.26% WTI 75.35 ▲ 0.17% IRON ORE 161.91 — — COPPER 6.83 ▲ 1.92% GOLD 4,335 ▲ 2.10% SILVER 62.16 ▲ 0.09% SOY 1,175 ▲ 2.02% CORN 460.50 ▲ 5.44% WHEAT 644.75 ▲ 0.39% COFFEE 325.65 ▼ 0.38% SUGAR 15.18 ▲ 0.20% ORANGE JUICE 156.25 ▼ 2.16% COTTON 83.08 ▲ 1.52% COCOA 5,645 ▼ 4.03% BEEF 229.43 ▼ 1.09% CATTLE 348.78 ▼ 0.69% LITHIUM 72.65 ▲ 1.34% PETR4 41.93 ▼ 1.34% VALE3 76.66 ▲ 0.46% ITUB4 42.38 ▲ 0.67% BBDC4 18.05 ▼ 0.76% ABEV3 15.84 ▼ 0.19% BBAS3 21.05 ▲ 0.29% B3SA3 15.55 ▼ 0.96% WEGE3 48.80 ▼ 0.75% PRIO3 59.20 ▲ 1.28% SUZB3 42.84 ▼ 0.42% RENT3 39.20 ▲ 0.28% AZZA3 15.96 ▼ 0.50% CSAN3 3.91 ▼ 3.46% RAIZ4 0.26 ▼ 7.14% PCAR3 2.94 ▲ 6.91% GMAT3 3.89 ▼ 1.52% PSSA3 53.48 ▼ 1.42% CVCB3 1.55 ▲ 12.32% POSI3 3.46 ▼ 1.14% SLCE3 13.51 ▼ 0.44% NATU3 8.30 ▼ 1.43% BRKM5 5.87 ▲ 0.69% RANI3 8.39 ▲ 0.60% CSNA3 4.89 ▲ 2.09% CMIN3 5.90 ▼ 0.17% USIM5 7.46 ▼ 0.80% GGBR4 26.31 ▲ 1.70% ENEV3 26.98 ▼ 0.66% CPFE3 46.09 ▼ 0.56% CMIG4 11.25 ▼ 0.27% EQTL3 39.18 ▼ 0.08% LREN3 13.67 — 0.00% VIVT3 31.21 ▼ 1.39% RAIL3 13.99 ▼ 0.92% KLABIN 18.64 ▲ 2.14% RAIA DROGASIL 20.55 ▲ 5.87% RDOR3 34.45 ▲ 0.15% HAPV3 11.11 ▼ 5.69% FLRY3 17.36 ▼ 0.74% SMTO3 14.30 ▲ 2.58% UGPA3 32.41 ▼ 0.58% VBBR3 35.09 ▼ 0.99% BBSE3 41.67 ▼ 0.95% BPAC11 56.81 ▲ 0.11% CURY3 32.03 ▲ 0.88% AERI3 2.30 ▲ 5.02% VIVARA 22.29 ▼ 1.37% COMPASS 24.22 ▼ 1.54% VAMOS 3.32 ▼ 0.30% SANB11 29.48 ▲ 1.31% ASAI3 8.83 ▲ 1.96% SBSP3 27.71 ▼ 1.07% WALMEX 48.65 ▼ 2.49% GMEXICO 222.65 ▲ 1.95% FEMSA 214.59 ▼ 1.29% CEMEX 19.90 ▼ 0.90% GFNORTE 199.03 ▲ 0.66% BIMBO 61.37 ▲ 0.77% TELEVISA 9.49 ▼ 1.35% AMX 20.74 ▼ 3.45% GAP 374.00 ▼ 1.85% ASUR 272.93 ▼ 1.22% OMA 235.58 ▼ 1.36% KOF 187.07 ▼ 0.26% GRUMA 256.62 ▼ 2.44% KIMBER 40.27 ▼ 0.10% SQM-B 63,950 ▲ 2.40% COPEC 6,288 ▲ 0.95% BSANTANDER 80.20 ▲ 1.01% FALABELLA 6,346 ▲ 1.37% ENELAM 87.05 ▼ 0.74% CENCOSUD 2,020 ▲ 1.66% CMPC 1,030 ▼ 0.95% BANCO CHILE 190.22 ▲ 0.63% LATAM AIR 26.38 ▲ 3.65% YPF 7,675 ▼ 2.10% GGAL 7,630 ▼ 1.42% PAMPA 5,310 ▼ 0.93% TXAR 681.00 ▲ 5.66% ALUAR 945.50 ▲ 1.34% TGS 9,270 ▼ 1.70% CEPU 2,259 ▼ 1.70% MIRGOR 1,640 — 0.00% COME 41.47 ▼ 1.03% LOMA NEGRA 3,490 ▲ 0.36% BYMA 288.75 ▼ 0.94% TELECOM ARG 4,345 ▲ 0.23% ECOPETROL 16.39 ▲ 0.49% BANCOLOMBIA 90.11 ▲ 0.11% GRUPO AVAL 5.30 ▲ 1.73% CREDICORP 394.88 ▲ 0.70% SOUTHERN COPPER 197.00 ▲ 0.94% BUENAVENTURA 33.00 ▲ 2.29% MERCADOLIBRE 1,923 ▲ 1.80% NUBANK 14.48 ▲ 1.05% XP 16.98 ▲ 0.06% PAGSEGURO 9.40 ▼ 1.05% STONE 11.17 ▼ 0.53% GLOBANT 38.38 ▲ 0.66% TECNOGLASS 47.75 ▲ 3.22% GAP AIRPORT 217.52 ▼ 1.44% ASUR 272.93 ▼ 1.22% OMA AIRPORT 109.61 ▼ 1.25% AMX ADR 24.02 ▼ 3.46% FEMSA ADR 124.37 ▼ 1.51% CEMEX ADR 11.55 ▼ 0.52% PETROBRAS ADR 18.36 ▼ 1.92% VALE ADR 14.94 ▲ 0.74% ITAU ADR 8.21 ▲ 0.24% SANTANDER BR 5.79 ▲ 1.94% AMBEV ADR 3.03 ▼ 0.33% CSN 0.98 ▲ 4.98% GERDAU 5.14 ▲ 0.78% LATAM ADR 57.70 ▲ 3.67% BTC 64,577 ▼ 0.03% ETH 1,904 ▼ 0.14% SOL 73.13 ▼ 1.12% XRP 1.04 ▼ 1.69% BNB 593.76 ▲ 0.09% ADA 0.19 ▼ 1.15% DOGE 0.07 ▼ 1.47% AVAX 6.52 ▼ 2.08% LINK 8.09 ▼ 0.72% DOT 0.82 ▼ 2.04% LTC 44.93 ▼ 0.76% BCH 211.75 ▼ 1.20% TRX 0.33 — 0.00% XLM 0.16 ▼ 3.09% HBAR 0.07 ▼ 1.35% NEAR 1.68 ▼ 0.94% ATOM 1.33 ▼ 1.61% AAVE 88.02 ▼ 1.92% SELIC 14.00% INTER 5.71 ▲ 0.18% EGX 54,875 ▲ 0.39% USD/ZAR 16.33 ▲ 0.04% USD/NGN 1,360 — 0.00% NIKKEI 65,683 ▼ 0.93% CSI300 4,651 ▼ 0.15% HSI 25,530 ▼ 1.49% NIFTY 24,633 ▲ 0.03% KOSPI 6,296 ▼ 4.58% JCI 6,344 ▼ 0.12% USD/JPY 157.86 ▲ 0.12% USD/CNY 6.7483 ▲ 0.12% DAX 26,198 ▲ 0.27% CAC 8,728 ▲ 0.68% FTSE 10,924 ▲ 0.33% MIB 53,940 ▲ 0.92% IBEX 20,296 ▲ 1.19% STOXX 660.39 ▲ 0.49% EUR/USD 1.1542 ▼ 0.11% GBP/USD 1.3454 ▼ 0.10% SPX 7,724 ▼ 0.17% DJI 54,349 ▲ 0.49% NDX 29,488 ▼ 0.83% RUT 3,019 ▼ 0.59% TSX 36,146 ▲ 0.96% VIX 15.93 ▲ 0.76% USD/CAD 1.4011 — 0.00% US10Y 4.6170 ▼ 0.22%
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Drug trafficking and organized crime: LatAm is the worst region in homicides

By · April 3, 2023 · 3 min read

Daily Brief

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The United Nations (UN) has warned of the expansion of drug trafficking and violence caused by organized crime in Latin America.

However, the United Nations Office on Drugs and Crime (UNODC) clarified that these are not the region’s only challenges.

In this context, UNODC also pointed to serious, growing problems, such as corruption, arms trafficking, human trafficking, and the worrying increase in the use of illicit drugs.

Conflicts of interest between criminal organizations and drug trafficking often lead to many acts of violence (Photo internet reproduction)
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As part of her trip to Buenos Aires for the signing of the first joint counter-narcotics project between the United Nations, the United States, and Argentina, UNODC Representative for the Andean Region and the Southern Cone Candice Welsch chaired a meeting and stressed that the structure of drug trafficking today is “much more complex” than it used to be.

Pablo Escobar controlled the entire production chain to the final sale. That’s not the case today; it’s much more complex than it used to be.”

“Some groups grow and process all the cocaine. There are also those at the transportation level. Other groups are involved in distribution.”

According to her, “there are groups that operate exclusively nationally and others that have a regional network.”

She also warned that conflicts of interest between these criminal organizations often lead to many acts of violence.

“For example, if we look at murders, the worst is in Mexico, but there are also murders in Colombia and many other countries.”

“Latin America is the worst region in the world regarding homicides.”

“This shows the impact of drugs and crime in this region.”

According to her, international organizations and countries must work together to curb the increasing violence.

Although there are countries where homicides have decreased, as in the case of Colombia, Welsch acknowledged that there had been significant setbacks in other cases.

One is Haiti, a country the UNODC representative toured before taking office.

“It’s a terrible situation and really sad.”

“There is total control in Haiti by the gangsters there.”

Welsch acknowledged that these groups benefit from corruption for these criminal structures to function.

“To make all this possible, they must launder the drug trade money.”

“Often other actors help with this, and to make all this possible, there is also corruption.”

Welsch also pointed out that in 2021, there was a “significant increase” in the production area in cocaine-growing countries.

Colombia saw the most significant increase at 40%, followed by Peru (30%) and Bolivia (4%).

This is followed by countries considered “transit countries,” including Ecuador, Brazil, Mexico, and, more recently, Argentina.

The influx goes mainly to North America (United States and Canada) and further to Europe:

“They come to Europe through Africa, which has very serious consequences because the West African countries are impoverished and do not have sufficient capacity to deal with this problem.”

“This increases violence, problematic drug use, and corruption.”

“North America remains the largest market, followed by Europe.”

She cautioned that the market in South America is “very big.”

“I think we tend to forget that and think it’s just North America and Europe.”

“But there is also problematic consumption in the region.”

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