---------- Forwarded message ---------
From: Joyce Segal <joyceck10@gmail.com>
Date: Sun, Jul 3, 2022 at 1:55 AM
Subject: Tidbits
To: Kim Cooper <kimc0240@gmail.com>
From: Joyce Segal <joyceck10@gmail.com>
Date: Sun, Jul 3, 2022 at 1:55 AM
Subject: Tidbits
To: Kim Cooper <kimc0240@gmail.com>
Smuggling migrants into the US has evolved in recent years from small, independent operators to the much bigger business of cartel-led convoys—with fatal consequences. This week, 53 migrants were found dead of heatstroke, dehydration, and suffocation in an 18-wheeler in San Antonio, Texas.
What led to this? Drug cartels have taken over control of smuggling operations and increased their cut of the profits, squeezing smugglers' take to a third of what migrants pay them. What doesn't go to the cartel in charge of the smuggling is often doled out to local crime bosses and used to pay bribes to Mexican security forces.
To keep profits up, Honduran smugglers say they charge more than triple what they used to per migrant ($13,500, up from $4,000), according to the WSJ. Still, what's left over to pay for actual travel costs isn't much, and conditions for migrants have deteriorated. While the San Antonio incident is the deadliest on record, it's far from the only one: At least 650 people died crossing the Mexico–US border last year, the most the International Organization for Migration has ever reported since it started tracking deaths in 2014.
Stat: Jeff Bezos finally beat his archnemesis Elon Musk at something—losing money. The Amazon founder's net worth crashed by $63 billion in the first half of 2022, while Musk's fell by $62 billion. All told, the 500 richest people in the world lost $1.4 trillion so far this year due to sinking asset prices, according to Bloomberg. It's the biggest six-month drop ever for the private jet class.
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What led to this? Drug cartels have taken over control of smuggling operations and increased their cut of the profits, squeezing smugglers' take to a third of what migrants pay them. What doesn't go to the cartel in charge of the smuggling is often doled out to local crime bosses and used to pay bribes to Mexican security forces.
To keep profits up, Honduran smugglers say they charge more than triple what they used to per migrant ($13,500, up from $4,000), according to the WSJ. Still, what's left over to pay for actual travel costs isn't much, and conditions for migrants have deteriorated. While the San Antonio incident is the deadliest on record, it's far from the only one: At least 650 people died crossing the Mexico–US border last year, the most the International Organization for Migration has ever reported since it started tracking deaths in 2014.
Stat: Jeff Bezos finally beat his archnemesis Elon Musk at something—losing money. The Amazon founder's net worth crashed by $63 billion in the first half of 2022, while Musk's fell by $62 billion. All told, the 500 richest people in the world lost $1.4 trillion so far this year due to sinking asset prices, according to Bloomberg. It's the biggest six-month drop ever for the private jet class.
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