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Latest Developments, July 20

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Carbon glut
Reuters reports that despite plummeting carbon prices, the UN still believes its carbon offset market will play a key role in reducing greenhouse gas emissions:

“U.N-backed carbon credits, called certified emissions reductions (CERs), have plunged around 70 percent over the past 12 months as a massive supply of credits has built up because of a drop in demand due to a slowing economy. The benchmark CER contract hit record lows below 3 euros this week.
Low carbon prices have stalled new investment in low-carbon technology, raising doubt about whether there is any point to the 1997 Kyoto Protocol and its market-based mechanisms, notably the [Clean Development Mechanism].”

Sustainable friendship
The New York Times reports that, at a meeting where China promised $20 billion in loans to Africa, South African President Jacob Zuma described his continent’s relationship with China as preferable to the one with Europe, but problematic nevertheless:

“ ‘Africa’s commitment to China’s development has been demonstrated by supply of raw materials, other products and technology transfer. This trade pattern is unsustainable in the long term. Africa’s past economic experience with Europe dictates a need to be cautious when entering into partnerships with other economies,’ [said Zuma].”

Reconstruction corruption
iWatch News reports that the Special Inspector General for Iraq Reconstruction has issued his penultimate report in which he estimates $6 billion to $8 billion worth of US funds were lost:

“SIGIR’s investigation also uncovered instances of bid-rigging and bribe-taking by State and Pentagon officials.
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Many of the challenges described in the Iraq report mirror those depicted in similar reports by its cousin, the office of the Special Inspector General for Afghanistan Reconstruction. In a May report to Congress, for example, that office concluded that ‘corruption remains a major threat to the reconstruction effort’ and said contractors were taking advantage of lax oversight in Afghanistan.”

Owning genes
Bloomberg reports that a US court is set to consider whether or not human genes can become the property of corporations:

“Madeleine Ball, a Harvard University geneticist, said entire regions of the human genome are at risk of becoming inaccessible to anyone who can’t afford to pay for patent licenses, stifling the information-sharing that’s vital to scientific progress. For personalized medicine companies like Optimal Medicine Ltd., the patents are about protecting billions of dollars invested in years of research.
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Aspects of seven [Myriad Genetics Inc.] patents were being challenged by the American Society of Human Genetics, the American Medical Association and other scientific groups. They argue that isolated DNA is the same thing as what is in the human body. The Supreme Court in March said that patents cannot be obtained on things that prevent others from the use of a natural law.”

Food aid, cash cow
The Guardian reports on the “special interests” that are blocking reform of America’s overseas food assistance system:

“Under US law, the majority of American food aid must be shipped on US-flagged vessels, and the shipping industry is another aggressive defender of the system. A 2007 report by the US government accountability office (GAO) found that nearly two-thirds of the US food aid budget was spent on transportation and other non-food costs.
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Together, agribusiness, shipping companies and NGOs form what some have called the ‘iron triangle’ of special interests, blocking reform of the controversial in-kind system.”

Cartel clients
The Daily Beast reports on HSBC’s “complicity” in laundering Mexican drug money and the obstacles to an international crackdown:

“The understated element of the war on organized crime in Mexico—and in fact, around the world—has been the fight against the money launderers: the companies and banks that allow drug cartels to flood their illicit cash back into the global economy.
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HSBC executives admitted that a large portion of some $7 billion transferred by their Mexican subsidiaries into the bank’s U.S. operation likely belonged to drug cartels.”

Suicide drone
Gizmodo reports that the British military has become the first customer for the “suicidal bird of prey” known as the Fire Shadow:

“According to missile systems manufacturer MBDA, this bird of death is a high precision, low cost flying missile that can be launched by a soldier from the ground, just like any other small unmanned air vehicle. After the launch, the Fire Shadow can hover over a large area for up to six hours or 62 miles (100 kilometers). Once the operator points out a target, the Fire Shadow will fall on it destroying it on contact.”

Classified Gitmo
ProPublica reports that the US government is being challenged over its decision to automatically classify everything said by Guantanamo detainees accused of involvement in 9/11, even accounts of their own torture.

“The ‘presumptive classification’ order extends to both detainees’ testimony and their discussions with their lawyers. In other words, anything said by a detainee, whether in court or to their counsel, will first need censors’ stamp of approval before it can become public.”

Managing FDI
The Overseas Development Institute’s Jonathan Glennie welcomes a new UN report that ranks countries according to the development impact of their foreign direct investment inflows:

“Along with this matrix – and possibly more significantly – Unctad is promoting a new investment policy framework for sustainable development (IPFSD) focused on balancing the rights of investors with the need for the state to take an active role to ensure investments benefit society. Suggested indicators for analysing the contribution made by particular investments include economic value added (such as capital formation and fiscal revenues), obviously, but also job creation and sustainable development (such as families lifted out of poverty, greenhouse gas emissions, technology dissemination).”

Bad society
Robert Skidelsky, a member of the British House of Lords, argues there are both moral and practical reasons to object to inequality at its current levels:

“There is a strange, though little-noticed, consequence of the failure to distinguish value from price: the only way offered to most people to boost their incomes is through economic growth. In poor countries, this is reasonable; there is not enough wealth to spread round. But, in developed countries, concentration on economic growth is an extraordinarily inefficient way to increase general prosperity, because it means that an economy must grow by, say, 3% to raise the earnings of the majority by, say, 1%.
Nor is it by any means certain that the human capital of the majority can be increased faster than that of the minority, who capture all of the educational advantages flowing from superior wealth, family conditions, and connections. Redistribution in these circumstances is a more secure way to achieve a broad base of consumption, which is itself a guarantee of economic stability.”

Latest Developments, July 18

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Gulf build-up
The Wall Street Journal reports the US is building a missile-defense station in Qatar, but its location is a secret because of “the sensitivity surrounding any U.S. military deployments in the emirate”:

“The Pentagon chose to place the new radar site in Qatar because it is home to the largest U.S. military air base in the region, Al Udeid Air Base, analysts say. More than 8,000 troops are stationed there and at another U.S. base in Qatar.
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Officials said the U.S. military’s Central Command, which is overseeing the buildup to counter Iran, also wants to deploy the Army’s first Terminal High Altitude Area Defense missile-interceptor system, known as a THAAD, to the region in the coming months, possibly in the United Arab Emirates.”

Torture admission
The Independent reports that the British government has admitted for the first time that colonial forces tortured and sexually abused Kenyans during the Mau Mau rebellion more than 50 years ago:

“The starling admission came as a trio of elderly Kenyans stood up in court to describe how they were beaten, castrated and sexually assaulted by British forces and their Kenyan allies during the pro-independence rebellion.
The three Kenyans are suing the Government in a landmark legal case that could lead to a deluge of compensation claims from victims of British colonial violence around the world.”

Vaccine violence
Agence France-Presse reports that a World Health Organization team was shot at in Karachi, Pakistan’s biggest city, during a polio immunization campaign:

“A health expert, speaking to AFP on condition of anonymity because he was not authorised to speak to the media, said the attack was the latest in an alarming trend of violence against polio workers.
He said there had been threats and announcements in mosques branding the vaccine anti-Islam and blamed ‘a new wave of attacks on polio workers’ on the CIA’s use of Pakistani doctor Shakeel Afridi to help find bin Laden.
The doctor was jailed for 33 years in May after helping the CIA find Osama bin Laden using a hepatitis vaccination programme as cover.
‘It has become a very serious and critical issue. People suspect foreigners involvement in the programme and fake campaign by Afridi has given further credence to conspiracy theory,’ he said.
He said polio workers were beaten in the capital Islamabad on Monday, a team fired on in the southern town of Jacobabad and a motorcycle stolen in the southwestern town of Ziarat.”

ATT escape clause
Amnesty International is calling upon US President Barack Obama not to water down the Arms Trade Treaty currently being negotiated at UN headquarters in New York:

“President Obama’s officials have indicated they want the treaty to include an escape clause that would allow national security considerations to override any serious human rights concerns when deciding to supply arms.
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Amnesty International is urging governments to ensure a ‘Golden Rule’ on human rights is included in the treaty. This would mean that if there is a substantial risk arms due to be supplied by a country are likely to be used to commit serious human violations the arms transfer shall not take place.
Many governments and most US allies support this position. However, some influential states including China, Russia and US have been promoting weaker rules.”

De-development
The New School for Social Research’s Tarak Barkawi uses the example of private security companies to take on “the big lie of private sector efficiency”:

“One of the hidden costs of privatisation is that knowledge and expertise are no longer retained by public institutions. Instead, they become the property of private contractors. Militaries, police forces, and other public services lose the ability and the institutional memory to conduct various tasks. Governments must then pay the price over and over again for contractors to do the job badly.
Contractors care little about developing and retaining dedicated expertise in particular tasks. They need only enough to secure the contract. Their bottom line is profit, not security or the public good. As a consequence, privatisation is a kind of “de-development”, a de-modernisation of the services government provides and which we pay for through taxes.”

Punishing banks
Global Witness’s Stefanie Ostfeld argues that the only way banks will get serious about tackling money laundering is if they and their executives face harsh financial and criminal penalties:

“Global Witness investigations have detailed how major banks including Barclays, Citibank and HSBC, have done business with corrupt senior officials from Nigeria, Angola, Turkmenistan, Liberia, Equatorial Guinea and Republic of Congo. Banks are the first line of defense against corrupt funds, but as long as they continue to accept the proceeds of state looting and grand corruption, as long as they continue to facilitate the money laundering that makes drug trafficking, organized crime and terrorist finance possible, they are fully complicit in these crimes and the poverty that persists in so many countries.”

NGOs as instrumentalities
FCPA Blog’s Philip Fitzgerald argues that NGO staff should, in some cases, be considered “foreign public officials” under anti-bribery legislation, such as the US Foreign Corrupt Practices Act:

“Certain NGOs, then, can be considered to be exercising part of the powers usually reserved to a state authority. Nuanced analysis is, however, necessary. The keys, as with instrumentalities under the FCPA, would be the degree of state influence and the degree to which the NGO officials are performing a public function.
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If NGOs can be public international organizations for purposes of the OECD convention and global anti-corruption regimes, the fight against graft would benefit from a very interesting extension to the reach of the current international anti-bribery framework.”

Drone casualty report
Inter Press Service reports that a new study that found no civilian deaths caused by US drone strikes in Pakistan this year has come under fire for its underlying methodology:

“ ‘[New America Foundation] relies only on a small number of media reports immediately following a strike. Sometimes we learn crucial facts days, weeks or even months after an initial attack,’ [the Bureau for Investigative Journalism’s Chris Woods] told IPS.
‘In February of this year, for example, a major investigation by Associated Press, based on 80 eyewitness testimonies from civilians in Waziristan, found previously unknown evidence of civilian deaths in 20 percent of the sampled strikes. Unfortunately, NAF has not incorporated these important findings into its data,’ said Woods.”

Latest Developments, July 17

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Mau Mau trial
The Standard’s Kenfrey Kiberenge writes that a lawsuit brought by elderly Kenyans against the British government highlights “the West’s double standards” in matters of human rights:

“Britain is a strong backer of an ICC case in which four Kenyans face charges of crimes against humanity related to the 2008 poll violence which left more than 1,000 people dead. Questions to any British official about these cases attract a uniform answer: let justice run its course.
Why then is the same administration seeking to have the Mau Mau case struck out on a technicality?”

Bad advice
The World Food Programme is predicting that 1.6 million Malawians will need food assistance over the next few months, in part because of the currency devaluation demanded by the IMF:

“The recent devaluation of the national currency by 49 percent, coupled with soaring inflation at 17.3 percent, has produced sharp increases in the prices of basic goods and services, pushing the cost of living to unsustainable levels for many Malawians. Food prices have been particularly affected by high transport costs due to increases in the price of fuel. Retail maize prices have already increased by 50 percent compared to the same time last year, and are expected to increase in the lean season.”

AU first
The Mail & Guardian reports that South Africa’s Nkosazana Dlamini-Zuma has become the first female head of the African Union Commission:

“At a news conference earlier in the day before the vote, Dlamini-Zuma sought to dispel fears that South Africa might seek to use the AU post to try to dominate the continent.
Some smaller countries had argued that her candidacy broke an unwritten rule that Africa’s dominant states should not contest the AU leadership.
‘South Africa is not going to come to Addis Ababa to run the AU. It is Dlamini-Zuma who is going to come to make a contribution,’ she told reporters.”

Classified euphemism
The Council on Foreign Relations’ Micah Zenko quotes Newsweek’s Daniel Klaidman to illustrate the extent of the Obama administration’s drone-policy opacity, particularly when it comes to the CIA’s practice of killing “individuals who are deemed guilty not based on evidence, but rather on their demography”:

“Signature strike has gotten to be sort of a pejorative term. They sometimes call it crowd killing. And it makes a lot of people uncomfortable. If you don’t have positive ID on the people you’re targeting with these drone strikes. So the CIA actually changed the name of signature strikes to something called TADS. I had the acronym but I didn’t know what it stood for. I had a couple of words. I kind of figured it out. Terrorist, T for terrorist, S for strike and I was trying to find out what does the A-D stand for. Eventually I figured it out. It was Terrorist attack disruption strike. And I was going to put it in Newsweek. And actually it was the excerpt from my book. And various agencies from the government were very unhappy about that. I sort of could not understand why. They said, well, it’s a classified term. And I said, well, why would it be classified? It doesn’t make any sense. It’s just a term to describe a particular kind of activity that we know takes place. They asked me not to print it. You know, I printed it anyway.”

Top of the charts
The Financial Times reports on a new survey that found the UK oil and gas sector has faced more bribery prosecutions than any other industry in the last four years:

“The study by Ernst & Young found that of 26 completed cases since 2008, oil and gas made up nearly one-fifth of prosecutions. The industry saw five completed cases, compared to three each in the medical goods, insurance, and engineering and construction sectors.
Most of them involved payments made abroad, or kickbacks to foreign government officials.”

Controversial philanthropy
The Independent suggests that the Bill and Melinda Gates Foundation’s decision to devote millions to the development of genetically modified crops “could be the most significant PR endorsement for the controversial technology”:

“The Microsoft founder and his wife have established themselves as major players in global health and development over the past 16 years, having donated £26bn. Only last week Melinda Gates was in London to pledge $560m (£360m) to improve family-planning services across the developing world. But the Foundation’s support for GM crops has attracted criticism, as has its investment in Monsanto – one the world’s largest GM seed producers.”

Bank Recidivism
Reuters reports that HSBC’s claims to have left its money-laundering days behind may be premature:

“Former employees in [HSBC’s New Castle, Delaware, anti-money laundering office] describe a febrile boiler-room environment overseen by managers uninterested in investigating transactions with possible links to drug trafficking, terrorist financing, Iran and other countries under U.S. sanctions, and other illegal activities. Instead, they say, the single-minded focus was on clearing out the paperwork as fast as possible. ”

Too much help
Inter Press Service reports that not everyone thinks the billions in aid pledged to Afghanistan last month will be entirely helpful::

“The plan ‘Toward Self-Reliance’ promoted by the international community and endorsed by the Afghan government is grounded in a similar oxymoron: the call for the Afghan state to get back its sovereignty and ownership is made by those who are preventing it from happening.
The presence of foreign armies and of the international community ‘is one of the major elements that prevents the State, the political system, the ruling elite, from gaining full legitimacy,’ [the London School of Economics’] Antonio Giustozzi tells IPS. ‘Not necessarily because the foreigners pre-empt that, but because any government that relies on external support to stay in power does not have legitimacy.’ ”

Latest Developments, April 17

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Shocking cake
The Local reports Swedish culture minister Lena Adelsohn Liljeroth has become embroiled in controversy after her participation in a “racist spectacle” at a Stockholm art museum.
“As part of the installation, which was reportedly meant to highlight the issue of female circumcision, the culture minister began cutting a large cake shaped like a black woman, symbolically starting at the clitoris.
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But images of the event, which show a smiling and laughing Adelsohn Liljeroth slicing up the cake, have caused the National Afro-Swedish Association and its members to see red and issue calls for her resignation.
‘According to the Moderna Museet, the “cake party” was meant to problematize female circumcision but how that is accomplished through a cake representing a racist caricature of a black woman complete with “black face” is unclear,’ [the National Afro-Swedish Association’s Kitimbwa] Sabuni said in a statement.”

Excluding biofuels
EurActiv reports that EU “energy aid” to poor countries will not include funding for biofuels, coal or nuclear projects, though gas remains an option.
“Gas is currently a hot-button topic as the UK, France, Poland and the Czech Republic reportedly mount a behind-the-scenes push for the EU’s future climate milestones to be sculpted around ‘low-carbon’ targets – including gas and nuclear – rather than renewable energy.
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The EU is the world’s leading donor of energy development aid, providing €278.5 million in 2010, and around €1 billion in the last five years, mostly, the EU says, as seed money to leverage private-sector funds at a ratio of 20:1.”

Laundering banks
Global Witness has called for a “thorough investigation” into UK and US banks alleged to have helped former Nigerian politician James Ibori launder millions in stolen public funds.
“According to the prosecutor, Sasha Wass QC, Ibori and his associates used multiple accounts at Barclays, HSBC, Citibank and Abbey National to launder funds. Millions of pounds passed through these accounts in total, some of which were used to purchase expensive London property.
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Banks and lawyers have a legal obligation to identify their customers and carry out ongoing checks to identify any suspicious transactions which they have to report to the authorities. In particular, they are supposed to identify customers who are senior politicians or their family members and close associates, who could potentially represent a corruption risk, and do extra checks on their funds.
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The case also shows how money launderers such as Ibori are able to use shell companies spread across different countries to move and conceal their assets. At present it can be incredibly difficult for law enforcement and others to identify the actual person who controls and benefits from a company. Global Witness is calling for all countries to use their company registers to publish details on the real, ‘beneficial’ owner of all companies.”

Glencore abuses
The BBC says it has uncovered evidence of Swiss-based commodity giant Glencore’s involvement in serious human rights abuses in Colombia and the Democratic Republic of Congo.
“Undercover filming showed children as young as ten working in the Glencore-owned Tilwezembe mining concession.
And sales documents show a Glencore subsidiary made payments to the suspected associates of paramilitaries in Colombia.”

Controversial court reforms
Human Rights Watch is calling for proposed reforms to the European Court of Human Rights to be rejected by member countries.
“The draft proposals put forward by the UK contain many positive proposals, including a range of measures aimed at improving implementation of judgments by national authorities, Human Rights Watch said. But two proposals – one to limit the court’s ability to hear cases involving serious human rights abuse and other emphasizing principles that serve the interests of governments over those of the potential victims of human rights violations – are deeply problematic, and risk undermining the court. The UK currently chairs the Council of Europe Committee of Ministers, the organization’s highest decision-making body.”

Legalizing drugs
The International Institute for Strategic Studies’ Nigel Inkster, who was once the assistant chief of Britain’s MI6 secret service, argues the time has come to end the War on Drugs and legalize them.
“Our investigation has shown that the so-called ‘war on drugs’ undermines international security.
Consumer countries of the developed world have seen whole communities devastated by epidemics of drugs misuse and crime. Addicts of drugs such as heroin have been marginalised and stigmatised and many otherwise law-abiding citizens criminalised for their consumption choices.
But the vulnerable producer and transit countries of the developing world have paid a far higher price.”

US corporate tax dodging
The Institute for Policy Studies’ Sarah Anderson and Scott Klinger highlight six ways in which US corporate giants avoid paying taxes.
“AT&T, Boeing, Citigroup, Duke Energy and Ford collectively reported more than $20 billion of US pre-tax income last year, yet none of them paid a dime in federal income taxes. Instead, they claimed refunds of more than $1.3 billion from the IRS.
These corporations are not alone in turning tax dodging into a competitive sport. Last year, US corporations paid an effective tax rate of just 12.1 percent, the lowest level in the last forty years, according to the Congressional Budget Office. Sixty years ago, when Republican President Dwight Eisenhower lived in the White House, corporations paid 32 percent of federal government’s tax receipts; last year they paid 9 percent.”

Back to basics
In a piece addressed to his newborn daughter, Guardian columnist George Monbiot issues a plea for people to embrace a philosophy and collective course of action based on the recognition that she, “like all of us, arose from and belong to the natural world.”
“This is a positive environmentalism, which envisages the rewilding – the ecological restoration – of large tracts of unproductive land and over-exploited sea. It recognises nature’s remarkable capacity to recover, to re-establish the complex web of ecological relationships through which, so far, we have crudely blundered. Rather than fighting only to arrest destruction, it proposes a better, richer world, a place in which, I hope, you would delight to live.”

Latest Developments, March 15

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BAE pays up
The Guardian reports UK-based defence company BAE Systems has “finally” paid for textbooks to Tanzanian schools as a settlement over bribes it allegedly paid 10 years ago.
“BAE was fined £500,000 in 2010 for concealing payments of $12.4m to Sailesh Vithlani, a marketing adviser in Tanzania, in connection with the radar deal. The company agreed with the [Serious Fraud Office] to make an ex-gratia payment equivalent to the size of the contract to the Tanzanian people. MPs on the international development committee last year strongly criticized BAE for dragging its feet over the payment. BAE wanted the payment to be described as a ‘charitable contribution’ to Tanzania in negotiations over the drafting of the memorandum of understanding.”

The problem with sanctions
The Atlantic’s Max Fisher argues the long list of products recently bought online by Syrian President Bashar al-Assad shows that Western sanctions against out-of-favour regimes punish the wrong people.
“International economic sanctions have been a popular tool of the West since the late 1980s and early 1990s, when the Reagan, H.W. Bush, and Clinton administrations came to see them as a low-cost, low-risk alternative to military action. But a growing body of academic research has found that they are ineffective at pressuring governments to change their ways. ‘The probable effectiveness of economic sanctions is, generally, negative,’ Johan Galtung wrote in 1967, and he seems to have been right.”

E-waste
Agence France-Presse reports on a new study that suggests Africa will produce more e-waste than Europe within five years.
“ ‘There is population growth … and there is the penetration rate — there are increasing numbers of people with access to these devices,’ [the Basel Convention on hazardous waste’s Katharina] Kummer Peiry said.
‘You have to bear in mind that there are efforts undertaken at all levels to increase access — it’s part of development,’ she said, describing the growth of both the population and the penetration rate as ‘exponential.’
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In Africa ‘in the last decade, the penetration rate of personal computers has increased by a factor of 10, while the number of mobile phone subscribers has increased by a factor of 100,’ the report said.”

Emptied islands
The University of Oxford’s Sarmila Bose writes about a new book on the Chagos Islands whose inhabitants “were unceremoniously removed from their homeland by a joint operation of the United Kingdom and the United States” four decades ago to make way for a military base.
“The Island of Shame is a discomforting read, especially for British and American readers who will probably find themselves cringing at the well-documented account of the deceit and inhumanity, not only of their forbears in the past, but also of policymakers today. For many years, now the Chagossians have been fighting an uphill battle to obtain justice through the courts. Verdicts in the English courts had gone in favour of the Chagossians in 2000, 2006 and 2007 until the House of Lords overturned them all and ruled in favour of the British government. The Chagossians have now petitioned the European Court of Human Rights. Possibly as a pre-emptive action in case they win at the European Court, the last Labour government declared the Chagos Archipelago a ‘marine protection area’, which would restrict fishing and therefore human re-settlement. The Chagossians have had to take legal action against this ‘green’ initiative as well.”

Silicon Valley’s exceptionalism
Reuters Breakingviews’ Rob Cox takes on the myth that America’s high-tech business leaders operate according to higher moral standards than their counterparts in other industries.
“The original robber barons had decent intentions when they built railroads to connect America’s emerging cities and drilled oil wells that fueled the nation’s growth, but their empires still needed to be regulated, reined in, and in some cases broken up by vigilant watchdogs. Lofty words and ideals are fine for motivating employees and even for spurring sales, but they can also serve as cover for motives that clash with the broader interests of consumers and society. We need more than fancy promises in IPO prospectuses to ensure that the rise of the Silicon Valley engineer is good for the world.”

History’s limits
Oxfam’s Sally Baden suggests Ha-Joon Chang’s new book on agricultural policy focuses so much on lessons from the past that it neglects some fast-evolving new realities.
“We have moved from a situation of a lack of both public and private investment in agriculture to private funds actively seeking opportunities in developing country agriculture. But quite often this investment is driven by biofuels mandates, lack of other investment opportunities, the promise of increasing land values or by food-importing countries’ and companies’ concern with security of supplies of food and commodities, rather than the concerns of long-term agricultural development. Governments need to responsibly promote and regulate this investment with an eye to its consequences for small–scale farmers and national food security. European governments need to stop providing indirect incentives for landgrabbing and developing country governments need to provide adequate safeguards – for both people and the environment – from predatory or speculative investment.”

Drug money
Global Financial Integrity’s EJ Fagan argues that transnational drug syndicates’ huge financial resources do not “just magically disappear into the criminal underworld,” which means they end up in the global banking system.
“We can’t expect to curtail 100% of all money laundering by organized crime syndicates. However, we can do a much better job than we are currently doing. A report by [the United Nations Office of Drugs] finds that less than 1% (probably around .02%) of laundered money is seized and frozen. This is a laughably low number. It is too cheap and too easy for drug lords to move their drug money into Western banks. If we were to increase that number to, say, 5%, drug lords would be looking over their shoulders a lot more often. They would have more trouble operating large, complex organizations. Central American law enforcement would be much more able to beat them back.”