Source link : https://theamericannews.net/america/venezuela/illegal-gold-finances-latin-americas-dictators-cartels-the-united-states-must-lead-the-fight-against-it-council-on-foreign-relations/
In recent years, the illegal gold trade has emerged as a critical financial lifeline for authoritarian regimes and powerful drug cartels across Latin America. From Venezuela’s embattled government to the notorious gangs in Colombia and Mexico, the lucrative and largely unregulated gold market is fueling corruption, violence, and instability throughout the region. an alarming matrix of illicit finance is not only undermining democratic institutions but also threatening regional security and U.S. national interests. As the United States grapples with its response to these intertwined crises, experts at the Council on Foreign Relations argue that it must take the lead in creating a comprehensive strategy to combat the forces behind this clandestine economy. Failure to act could mean the further entrenchment of these adversaries and a deepening humanitarian crisis that reverberates far beyond Latin America’s borders.
Illegal Gold Trade Fuels corruption and Violence in Latin America
The illegal gold trade in Latin America has emerged as a critical driver of corruption and violence, intertwining the fates of dictators, criminal cartels, and impoverished communities. In countries like Venezuela, where the government has seized control over mines, the profits from gold exports have become a lifeline for authoritarian regimes, bolstering their power while impoverishing local populations. the pursuit of this…
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Author : Isabella Rossi
Publish date : 2025-04-21 06:52:00
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