Word: colombianizing
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...verge of collapse. So when delegates from the Salvadoran Peace Commission and from the five-faction guerrilla movement that opposes the government emerged from the negotiating chamber nearly 3 ½ hours later, the sense of relief was almost palpable. "The door is open for future meetings," said a smiling Colombian President Belisario Betancur as he posed with the seven Salvadorans. "The dialogue for peace in El Salvador has been directly initiated." But when asked to give a thumbs-up, thumbs-down verdict on the session, Peace Commission President Francisco Quiñónez evasively thrust his thumb sideways. Later...
...latest net of allegations, however, has some large holes. As described by NBC, Vesco's base on Norman's Cay sounds like an operation actually run on the same tiny island by Carlos Enrique Lehder-Rivas, a Colombian drug trafficker. The DEA, which began investigating Lehder a decade ago, has told TIME that he shipped at least 500 kilos of cocaine a month from Norman's Cay between 1976 and 1982. "Vesco hangs out with some of those people," says a Caribbean drug authority, "but he's not the kingpin." Finally, Caribbean drug dealers rarely trade...
...coke glut could last until late 1984, and possibly into 1985. High-grade coke started flooding South Florida last spring, after illegal Colombian coca plantations seeded four years ago started bringing in four crops annually, double those produced in Peru and Bolivia, where coca is grown legally. Colombian smuggling groups anticipated the record crop by upping the refining capacities of their labs. "They've overproduced, like General Motors turning out too many Chevrolets," says Nehrbass. Coke's wholesale price in Colombia has fallen from $22,000 to $9,000 in the past year. To reduce inventories, drug wholesalers...
Stone tried but failed to meet with Salvadoran rebels in Costa Rica last month. This time the successful go-between was Colombian President Belisario Betancur Cuartas. The setting was the austerely modern living room of the presidential palace in Bogotá. Betancur first greeted Stone, then introduced him to Zamora and withdrew from the room. What the two men said during the next 90 minutes is not known, but both sides subsequently hinted that another meeting, involving several other Salvadoran leftist leaders, may take place later this month...
...Colombia as in the U.S., says John Bacon, head of cocaine-intelligence gathering for the DEA: "There is no Mr. Big." But another U.S. official estimates that there are 100,000 Colombians living in the U.S. who "earn major dollar figures in drugs." According to DEA officials, there are ten principal Colombian cocaine rings with members in Bogota, Miami and the middle-class New York City borough of Queens. Each ring takes in at least $50 million a year. Says Bacon about the Colombian coke gangsters: "They are tremendous organizers. They deal very effectively with Americans." They also operate...