According to a Bolivian government official, the country has made significant progress in discouraging drug traffickers from using routes across Lake Titicaca, which connects Peru with Bolivia. However, it is also likely that Peru-based criminal organizations may have simply turned to alternative routes.
A high-ranking official in Peru has suggested synthetic drugs will fill the void left by a shrinking market for cocaine, a perhaps exaggerated claim that nonetheless reflects changing patterns in…
Argentina is investigating a judge for pardoning and releasing drug traffickers in exchange for bribes, echoing similar scandals elsewhere in the region, particularly Peru.
Peru's recent approval of fairly rudimentary monitoring of currency exchange services is one sign of how far the country has to go in its anti-money laundering efforts.