The Economist

Mexico’s gangs are becoming criminal conglomerates

Mexico's gangs are diversifying into every corner of society, causing violent clashes and deeper corruption within the state. Extortion and taxing businesses are their biggest sources of income, as they gain unprecedented influence over elections and impact society and businesses. A broad national r

Mexico's cartels have diversified beyond drugs into extortion, people-smuggling, arms-selling, illegal mining, and more.
Extortion is the biggest source of income after drugs, followed by taxing businesses in sectors like agriculture and mining.
Gangs control territory, causing violent clashes and deeper corruption within the state.
Mexico's gangs are gaining unprecedented influence over elections and impacting businesses and society.
The situation requires a broad national response, including weeding out corruption and establishing the remit of the state.

Charting the Global Economy: Central Banks Hold as Prices Cool

Central banks around the world are pausing tightening campaigns as inflation eases and economies slow. Inflation-targeting regimes are keeping their own houses in order, while the US Fed's key inflation gauges fell to the slowest annual paces since late 2021.

Factbox: Turkey earthquake and some of the worst natural disasters of this century

Two massive earthquakes on Monday have devastated cities and towns across Turkey and Syria, with death toll of over 16,000. This is one of the worst natural disasters this century, alongside the 2004 Sumatran Tsunami, 2010 Haiti earthquake and 2008 Cyclone Nargis.

Take Five: Strap in for no landing

A raft of U.S. data and European inflation numbers will give guidance on how the world's top central banks will navigate the way ahead, including the hotly debated "no landing" scenario. Reports on U.S. durable goods orders, home prices, manufacturing and consumer confidence threaten to cement expec

Read next