Obama moves against Mexican cartel finances

On the eve of his Mexico trip, President Barack Obama moved to impose financial penalties on members of three Mexican drug cartels, officially designating the organizations as “kingpins.” The president has the power to identify drug traffickers and their businesses for penalties under the 1999 Foreign Narcotics Kingpin Designation Act. The White House identified three more Mexican drug operations that will carry the kingpin designation: the Sinaloa Cartel, Los Zetas and La Familia Michoacana. The move allows for US assets of the organizations to be frozen. (NYT, April 16)

See our last posts on Mexico, and the narco wars.

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