Culiacan, Mexico, feels the pain of a drug-induced recession
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A ruby-red Hummer glistened idly on the quiet showroom floor, its only visitor a janitor polishing its doors and bumpers. The dealership had no customers. Sales are down here and at scores of businesses across this western Mexico city. But this recession has nothing to do with stock-index dives on Wall Street, the weak peso or collapsing banks. This is a narco-recession.
Read on about the narco-recession here.
Click here for more on Mexico and go to our special page on the drug wars: ‘Mexico Under Siege.’
-- Deborah Bonello in Mexico