US, Mexico plan to target drug cartels' $29bn fortune

The US and Mexico have announced a new front in their battle against drug cartels, modelled on the capture of Sinaloa cartel leader Joaquin 'El Chapo' Guzman.

by

    Senior US and Mexican drug enforcement officers have a new plan to take down Mexico’s infamous drug cartels.

    They are targeting the groups' finances.

    Estimates have said that the cartels generate about $29bn dollars in revenue annually and have been blamed for about 150,000 murders since 2006.

    From the two countries feuding over immigration, the joint announcement comes as a sign that they have a mutual foe in the increasing levels of violence from the drug syndicates.

    John Hendren reports from Chicago.


    YOU MIGHT ALSO LIKE

    How different voting systems work around the world

    How different voting systems work around the world

    Nearly two billion voters in 52 countries around the world will head to the polls this year to elect their leaders.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    The great plunder: Nepal's stolen treasures

    The great plunder: Nepal's stolen treasures

    How the art world's hunger for ancient artefacts is destroying a centuries-old culture. A journey across the Himalayas.