CIUDAD VICTORIA, Mexico — Drug cartels in Mexico are now targeting even the largest corporations, exerting control over the sale, distribution, and pricing of various goods.
High-profile business leaders are also being threatened.
Recently, Julio Almanza, the head of the business chambers’ federation in Tamaulipas state, spoke out against cartel extortion on television. Tragically, hours later he was fatally shot outside his office in Matamoros.
Corporate giant Femsa, which owns Mexico’s largest chain of convenience stores, Oxxo, decided to close all its stores and gas stations in Nuevo Laredo due to gang-related issues.
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One of the reasons for the closures was the abduction of two store employees by gangs, demanding their involvement in criminal activities.
These incidents highlight the growing influence of drug cartels in Mexico, extending their reach into various industries and controlling economic aspects of the country.
Authorities and companies are now facing challenges in ensuring the safety of their employees and operations amidst cartel threats and extortions.