The Economist
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The cocaine market is bigger than ever

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October 18, 2025

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Pablo Escobar's control-everything model is dead. Cocaine traffickers today are highly decentralised, using scuba divers, narco subs and sophisticated chemistry to evade policing. Our Latin America correspondent, Kinley Salmon, explains why cocaine trafficking has become harder than ever to stop.

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Pablo Escobar'sOur Latin AmericaKinley Salmon

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The cocaine market is bigger than ever · The Economist · Sentinel