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Paper Dollars in Circulation Globally Spike amid Hot Demand. But a Mexican Bank, after Run-ins with the US, Can No Longer Unload its Hoard of Paper Dollars

The amount of "currency in circulation" - the paper dollars wadded up in people's pockets and purses, stuffed under mattresses, or packed into suitcases and safes overseas - jumped again in the week ended December 30 to a new record of $2.09 trillion, according to the Federal Reserve's balance sheet, where currency in circulation is a liability, not an asset.

Jan 12, 2021 by Wold Richter - Wolf Street
World News
Why Mexican drug-traffickers started smuggling iron ore to China

IT IS big, bulky, you can't snort it, and it doesn't get you high. Per tonne, it sells for about $125, compared with cocaine, which fetches at least $50m wholesale. By any reckoning, iron ore would seem like a daft thing to peddle if you were in the drugs trade.

Feb 15, 2021 by The Economist
World News
Yucca Cacti Theft Illuminates Mexico's Hidden Plant Trafficking Problem

Theft of yucca cacti from indigenous communities in Mexico's northwestern state of Baja California for export is reportedly accelerating, underscoring the silent issue of plant trafficking in the country. Indigenous communities in the municipality of Ensenada have raised alarm about the continuing theft of yucca, a plant on which they are economically reliant, from reserves, apás, Kiliwas and Paipai communities according to El Universal.

Oct 11, 2020 by Alessandro Ford
Botany & Horticulture Blogs



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