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Insecurity created by organized crime in Mexico forced the closure of more than 160,000 companies in 2011 alone, according to the country’s employers confederation Coparmex.
The warning, late Tuesday, came amid raging gangland-style violence across swaths of the country which is blamed for some 50,000 deaths since 2006.
“Organized crime is deteriorating competitiveness… discouraging national and foreign investment, (and) causing the closure of formal businesses. In 2011 alone more than 160,000 companies stopped operating in the country,” according to an online statement from Coparmex President Alberto Espinosa.
Originally posted by HighMaintenance
Well there is a cure for this. Unfortunately it's not something that can be discussed on ATS even though it is one of the biggest conspiracy FACTS out there that needlessly costs a staggering amount of money around the world. If there is one thing ATS needs to get it's head out of it's butt about it's debate on PROHIBITION and it's colossal failure.
To the ATS staff ...edit on 5-4-2012 by HighMaintenance because: (no reason given)