PWC News
Thursday, July 30, 2026
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

Colombian coca leaf farming hit two-decade high in 2023, UN says By Reuters

Home Business
Share on FacebookShare on Twitter


By Luis Jaime Acosta

BOGOTA (Reuters) – Colombian land devoted to the cultivation of coca leaves, a uncooked ingredient for cocaine, jumped 10% final 12 months to achieve the biggest space in over 20 years, a report by the United Nations Workplace on Medication and Crime (UNODC) discovered on Friday.

Some 253,000 hectares had been planted with coca leaf in 2023, the report stated, up from 230,000 in 2022. This introduced final 12 months’s potential cocaine manufacturing up 53% to 2,644 metric tons, in comparison with 1,738 metric tons a 12 months earlier.

The small-scale cultivation of coca leaf, which is historically chewed for vitality or as an antidote for altitude illness, is authorized for some indigenous communities in Colombia.

UNODC stated the growth was primarily in southwestern departments of Cauca and Narino, whereas it remained comparatively secure throughout the remainder of the nation.

Essentially the most concentrated areas of coca leaf manufacturing had been in areas the place leftist guerilla teams and prison gangs based by former far-right paramilitaries are working.

Colombian authorities have for many years fought to cut back drug trafficking however the nation stays one of many world’s main cocaine producers. The USA has lengthy pressured the nation to cut back its coca leaf farming.

President Gustavo Petro, the South American nation’s first leftist president, has proposed a shift from what he describes as a failed anti-narcotics navy technique towards recognizing drug use as a public well being downside.

He has promoted voluntary coca leaf crop substitution packages alongside extra social funding in areas the place it’s being farmed, and has dominated out reinstating the aerial spraying of coca fields with the glyphosate, a chemical herbicide.

His authorities has ordered navy and police to step up cocaine seizures, which final 12 months reached a document 739.6 metric tons, in keeping with protection ministry knowledge.

Cocaine manufacturing in Colombia, strategically situated between the Atlantic and Pacific oceans, is managed by armed teams and plenty of think about it to be fuelling an almost six decade-long inside battle that has killed over 450,000 individuals.





Source link

Tags: cocaColombianfarminghighhitleafReuterstwodecade
Previous Post

World Bank projects Kenya’s unemployment to worsen in 2024

Next Post

Only 37% of Europe’s Surface Water Is Healthy, Study Finds – EcoWatch

Related Posts

Align outlines 2027 operating margin +100 bps target while planning 0M-0M 2026 buybacks (NASDAQ:ALGN)
Business

Align outlines 2027 operating margin +100 bps target while planning $400M-$500M 2026 buybacks (NASDAQ:ALGN)

July 30, 2026
Inside China’s two-speed economy: Why goods consumption is slumping even as exports and services boom | Fortune
Business

Inside China’s two-speed economy: Why goods consumption is slumping even as exports and services boom | Fortune

July 29, 2026
Christmas in July at the Federal Reserve – Swamponomics
Business

Christmas in July at the Federal Reserve – Swamponomics

July 29, 2026
Nordic American Tankers: Seems I Was Spot-On Being Bullish Last Year (NYSE:NAT)
Business

Nordic American Tankers: Seems I Was Spot-On Being Bullish Last Year (NYSE:NAT)

July 29, 2026
Stock Market Today Live: Stock to buy today: LTM
Business

Stock Market Today Live: Stock to buy today: LTM

July 29, 2026
Dow Jones rises 659 points on Coca-Cola, Sherwin-Williams earnings
Business

Dow Jones rises 659 points on Coca-Cola, Sherwin-Williams earnings

July 28, 2026
Next Post
Only 37% of Europe’s Surface Water Is Healthy, Study Finds – EcoWatch

Only 37% of Europe’s Surface Water Is Healthy, Study Finds - EcoWatch

The Subscription Trap : Planet Money

The Subscription Trap : Planet Money

U.S. crude posts biggest weekly loss in a year on weaker demand worries (NYSEARCA:USO)

U.S. crude posts biggest weekly loss in a year on weaker demand worries (NYSEARCA:USO)

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Dassault Systèmes SE 2026 Q2 – Results – Earnings Call Presentation (OTCMKTS:DASTY) 2026-07-23
Business

Dassault Systèmes SE 2026 Q2 – Results – Earnings Call Presentation (OTCMKTS:DASTY) 2026-07-23

by PWC
July 23, 2026
0

This text was written byComply withIn search of Alpha's transcripts staff is accountable for the event of all of our...

Tata Power shares get Equal Weight rating from Morgan Stanley with target price of Rs 399

Tata Power shares get Equal Weight rating from Morgan Stanley with target price of Rs 399

July 28, 2026
44 states are aligned on one thing in their fight against prediction markets. It’s about sports wagering

44 states are aligned on one thing in their fight against prediction markets. It’s about sports wagering

July 28, 2026
The Evolution of Utility Tokens: A Deep Dive

The Evolution of Utility Tokens: A Deep Dive

July 28, 2026
Nuclear Turbines Raises  Million to Bring Down Cost of Nuclear Energy Using Gas Turbine Technology – ESG Today

Nuclear Turbines Raises $20 Million to Bring Down Cost of Nuclear Energy Using Gas Turbine Technology – ESG Today

July 29, 2026
In 1909, the Eiffel Tower was set to be demolished. Here’s how a radio saved the world’s most-visited monument

In 1909, the Eiffel Tower was set to be demolished. Here’s how a radio saved the world’s most-visited monument

July 24, 2026
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.