Surging cocaine production, which hit yet another annual record during 2021, makes Colombia the world’s top supplier of the illicit narcotic. The vast profits generated by cocaine are a primary driver of Colombia’s decades-long multiparty low-level asymmetric conflict, which has claimed at least 450,000 lives.
Since 2018, as cocaine production soared, violence across the Andean country surged, deterring foreign investment and impacting the economy, including the beaten-down oil industry, which has operations located in key…Colombia’s Economic Woes Worsen As Cocaine Prices Plunge
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