The Genesis of the Sinaloa Cartel
The story of the Sinaloa Cartel begins in the 1980s in Sinaloa, a region with a long history of drug cultivation. The cartel emerged as a splinter group from the Guadalajara Cartel, following the arrest of its leader, Miguel Ángel Félix Gallardo, in 1989. Gallardo's arrest created a power vacuum that was quickly filled by several factions, with the Sinaloa Cartel becoming one of the most prominent. Initially led by Héctor "El Güero" Palma, Adrián Gómez González, and later, Joaquín "El Chapo" Guzmán, the cartel distinguished itself through its innovative smuggling techniques and ruthless enforcement of its power. The early years of the Sinaloa Cartel were marked by rapid expansion and the establishment of key smuggling routes into the United States. The cartel's ability to move large quantities of cocaine, heroin, methamphetamine, and marijuana across borders was facilitated by sophisticated underground tunnels that allowed for the undetected transportation of drugs. These tunnels, many of which were equipped with lighting and ventilation, became a hallmark of the cartel's operations and played a significant role in its rise to power.
Joaquín "El Chapo" Guzmán: The Rise of a Kingpin
Joaquín Archivaldo Guzmán Loera, better known as "El Chapo" or "Shorty" was born in 1957 in the rural community of La Tuna, Sinaloa.
Growing up in poverty, Guzmán entered the drug trade at a young age, working under established traffickers in the region. His rise within the Sinaloa Cartel was fueled by his ambition, intelligence, and a willingness to use extreme violence to achieve his goals.
By the early 1990s, El Chapo had become the face of the Sinaloa Cartel, orchestrating complex drug smuggling operations that spanned multiple continents. His reputation for violence was well-earned; he was known to eliminate rivals and enforce loyalty within the cartel with brutal efficiency.
Bu hikaye Business Today Sri Lanka dergisinin September 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Business Today Sri Lanka dergisinin September 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
NDB Posts Strong Profitability in the first half of 2024
National Development Bank continued to demonstrate strategic agility and resilience despite less-than-conducive operating conditions, as was reflected in its financial performance for the six months ended June 30, 2024. The Bank posted a pre-tax profit of 6.5 billion rupees for the period under review, an impressive growth of 58 percent, predominantly driven by healthy net interest income.
BOC Concluded 22.4 billion PBT in First Half of 2024
In the first half of 2024, Bank of Ceylon navigated the challenging landscape of the Sri Lankan economy with strategic foresight. Despite heightened competition and global economic uncertainties, BOC delivered a Profit Before Tax (PBT) of 22.4 billion rupees, a growth of 114 percent. This performance underscores the Bank's resilience and adaptability in an environment marked by fluctuating market conditions and challenges.
Celebrating 24 Years of Empire Teas: A Journey of Dedication and Excellence
Empire Teas celebrates its 24th anniversary with a remarkable journey that showcases the Company's shared vision, hard work, and unwavering dedication.
Tokyo Cement Group is off to an Optimistic start in the Financial Year 24/25
Tokyo Cement Group (Tokyo Cement) reported a turnover of 11,665 million rupees and a Profit After Tax (PAT) of 707 million rupees for the first quarter ended June 30, 2024.
The Current State and Future Prospects of Cryptocurrency
Cryptocurrency, a digital or virtual currency secured by cryptography, has rapidly evolved from a niche interest into a significant global financial instrument. With the emergence of thousands of different cryptocurrencies, the market has expanded and diversified, drawing attention from investors, governments, and technologists alike. As we stand at a pivotal moment in the development of cryptocurrency, this article explores the current state of the market, regulatory landscapes, technological advancements, and the challenges and future prospects that could shape the future of this dynamic industry.
SLT-MOBITEL reports Moderate Revenue Growth in the First Half of 2024
The company remains focused on leveraging its strategic initiatives to drive future growth and sustainability. With ongoing efforts to enhance operational efficiency and cost management, SLT-MOBITEL is well-positioned to navigate the evolving market landscape and deliver long-term value to its stakeholders.
DFCC Bank's Strong Financial Performance
DFCC Bank reported a Profit Before Tax (PBT) of 7,237 million rupees and a Profit After Tax (PAT) of 4,654 million rupees for June 30, 2024. The Group recorded a PBT of 8,342 million rupees and PAT of 5,739 million rupees for June 30, 2024 compared to 5,867 million rupees and 3,923 million rupees.
The National Savings Bank recorded a Profit before Tax 15 billion for the First Six Months of 2024
National Savings Bank had already surpassed the previous year's profit after Tax (PAT) by the second quarter of this year. The Bank registered a PBT of 15 billion for the six months of 2024, whereas the PAT for 2023 was 7.21 billion rupees.
Pan Asia Bank posts Steady Performance
Pan Asia Banking Corporation reported a steady performance reflecting improved macroeconomic conditions as the Bank reported its financial performance during the first half of 2024.
The Sinaloa Cartel: Rise, Fall, and the Enduring Influence of Mexico's Most Notorious Criminal Enterprise
In the annals of modern crime, few organizations have garnered as much infamy and fear as the Sinaloa Cartel. Founded in the mountainous regions of Sinaloa, Mexico, this cartel grew from humble beginnings to become one of the most powerful and violent drug trafficking organizations in the world. Its influence extends far beyond Mexico, affecting drug markets across the globe, from the United States to Europe, Asia, and even Africa. At the heart of this sprawling empire were two of the most elusive and feared men in the world: Joaquín \"El Chapo\" Guzmán and Ismael \"El Mayo\" Zambada. This comprehensive story charts the rise of the Sinaloa Cartel, the dramatic captures of its leaders, and the ongoing struggle for power within its ranks.