Colombia’s outlawed armies are running short of cash as a U.S.-backed military onslaught squeezes the world’s largest cocaine industry, U.S. drug czar John Walters said on Thursday. Walters, head of the U.S. Office of National Drug Control Policy, said during a visit to Colombia that the country’s coca crop eradication program should also start causing supply disruptions in the United States within a year. “We expect to see in the next six to 12 months dramatic changes in the retail market given what has happened here in Colombia,” he said. Praising the year-old administration of President Alvaro Uribe, Walters said he expected Colombia to keep tightening the screws Marxist guerrillas and far-right paramilitary gunmen who draw vital funding from drug trafficking. “We are now seeing units that have been involved in violence on both sides, left and right, hurting … Having to use IOUs,” Walters told reporters at a briefing in Bogota. Full Story
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