The Great Debate

The color of money shouldn’t be blood red

By Yury Fedotov
December 18, 2012

HSBC’s $1.92 billion payment to U.S. authorities to avoid prosecution for money-laundering practices, including transferring funds for Mexican drug cartels, raises serious questions about the flow of narco-cash in the international banking system. The time has come to tackle the culture of impunity that allows these illegal transactions.

“Lawless hordes” and the U.S.-Mexico border

By Bernd Debusmann
October 8, 2009

Bernd Debusmann- Bernd Debusmann is a Reuters columnist. The opinions expressed are his own -

On the first Sunday of October, the Texan city of El Paso recorded its 10th murder of the year. On the same day, El Paso’s Mexican sister city, Ciudad Juarez, recorded its 1,809th murder of 2009. Mayhem on one side of the border, relative peace on the other.

Criminal anarchy on America’s doorstep

By Bernd Debusmann
September 24, 2009

Bernd Debusmann-Bernd Debusmann is a Reuters columnist. The opinions expressed are his own -

When Mexico’s president, Felipe Calderon, ordered 2,500 troops and federal agents into border city Ciudad Juarez 17 months ago to tamp down drug violence, the monthly murder rate ran at an average of 66. In retrospect, those were the days of peace and calm.