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Price of cocaine set to plunge, UN warns

 
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aquaponics08



Joined: 22 Dec 2008
Location: Korea

PostPosted: Sat Feb 21, 2009 8:01 am    Post subject: Price of cocaine set to plunge, UN warns Reply with quote

Price of cocaine set to plunge, UN warns
The price of cocaine is set to plunge further because Europe is being flooded with the drug through new smuggling routes, the United Nations drugs chief Hamid Ghodse has warned.
18 Feb 2009

http://www.telegraph.co.uk/news/newstopics/politics/lawandorder/4689632/Price-of-cocaine-set-to-plunge-UN-warns.html

Traffickers are exploiting networks in West Africa and Eastern Europe to bring the drug in from South America.

The International Narcotics Control Board (INCB) said cocaine prices would continue to fall unless action was taken to block the new supply routes.

It comes less than a week after Home Office figures suggested a line of cocaine is now cheaper than a pint of lager or glass of wine.

The INCB annual report said South American drug producers are switching supplies from the Caribbean and North Atlantic to avoid Royal Navy and US authorities.

Stockpiles of the drug are building up in West Africa from where it is shipped to the UK and the rest of Europe either directly or via the Balkans.

Traffickers are also loading commercial flights with "large numbers" of passengers acting as drug mules, swallowing as much as a kilogram of cocaine each.

This "shotgun approach" makes it more difficult for police and customs officials to spot every mule, it said.

INCB President Mr Ghodse said: "I think prices are likely to fall providing the governments don't step up their efforts to intercept supplies.

"The route of transporting for traffickers has become relatively easier and less susceptible to interdiction."

Shadow home affairs minister James Brokenshire said: "Drug crime has rocketed under Labour and the Government has failed to secure our porous borders. Cocaine and heroin are being sold at ten year low prices and it's deeply disturbing to think that hard drug supply into the UK may increase further.

"The drug dealers have flourished whilst the Government has floundered."
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itaewonguy



Joined: 25 Mar 2003

PostPosted: Sat Feb 21, 2009 8:39 am    Post subject: Reply with quote

this is what korea needs!
a huge influx on coke, ecstacy and weed then these so called clubs will go off!!
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Son Deureo!



Joined: 30 Apr 2003

PostPosted: Sat Feb 21, 2009 11:52 am    Post subject: Reply with quote

This is the best economic news I've heard all day. Laughing
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petethebrick



Joined: 25 Jul 2006

PostPosted: Sat Feb 21, 2009 11:58 am    Post subject: Reply with quote

Keep the price the same but up the quality in Europe I say! Complete muck the drugs in Ireland these days - pills, smoke everything^^
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toonchoon



Joined: 06 Feb 2009
Location: Gangnam

PostPosted: Sat Feb 21, 2009 4:10 pm    Post subject: Reply with quote

means you all are gonna have to do a lot more privates to keep up the habit.
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mises



Joined: 05 Nov 2007
Location: retired

PostPosted: Sat Feb 21, 2009 4:17 pm    Post subject: Reply with quote

toonchoon wrote:
means you all are gonna have to do a lot more privates to keep up the habit.


If it is plunging, won't they have to work less for an = quantity?
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Faunaki



Joined: 15 Jun 2007

PostPosted: Sat Feb 21, 2009 5:24 pm    Post subject: Reply with quote

This is not good news for the small town I come from. People need to lay off the drugs there and get a life.
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mole



Joined: 06 Feb 2003
Location: Act III

PostPosted: Sat Feb 21, 2009 5:32 pm    Post subject: Reply with quote

Funny. Leave it to the drug trade.
What say ye, Keynesian freakozoids?
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itaewonguy



Joined: 25 Mar 2003

PostPosted: Sat Feb 21, 2009 6:54 pm    Post subject: Reply with quote

what they need to do is legalize it!
so proper pharmaceutical companies can produce the drugs for the market
not some underground schmuck without a degree...

and let the farmers in the world produce marijuana also, becuase god knows they are dying with corn crops!
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Draz



Joined: 27 Jun 2007
Location: Land of Morning Clam

PostPosted: Sat Feb 21, 2009 8:12 pm    Post subject: Reply with quote

Have to admit I don't care too much about the price of something I will never buy.
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Thewhiteyalbum



Joined: 13 Nov 2008

PostPosted: Sat Feb 21, 2009 8:39 pm    Post subject: Reply with quote

Draz wrote:
Have to admit I don't care too much about the price of something I will never buy.


How many sugar daddies do you have?!! Shocked
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samcheokguy



Joined: 02 Nov 2008
Location: Samcheok G-do

PostPosted: Sat Feb 21, 2009 9:10 pm    Post subject: Reply with quote

DAMN
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crosbystillsstash



Joined: 12 Oct 2008

PostPosted: Sat Feb 21, 2009 10:28 pm    Post subject: Reply with quote

good news......if I take enough Peruvian marching powder I can do privates 24/7.
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MattAwesome



Joined: 30 Jun 2008

PostPosted: Sun Feb 22, 2009 7:23 pm    Post subject: Reply with quote

Why are they warning us about falling cocaine prices? Is this the best choice of words? Or are the UN's profits falling?
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