Source Pravda.Ru

Argentina: Wave of kidnapping as law and order breaks down

28bn. USD kept under beds

While public confidence in the banking system has led people to keep their savings at home, the criminals have become wise to the issue, leading to private security options being deployed instead of the police.

A wave of kidnappings and robberies has swept through Buenos Aires, a symptom of the fact that the people of Argentina have lost confidence in the banking system. An estimated 28 billion dollars is being stashed under beds, floorboards and in walls, leaving the population open to a growing level of robbery and violence.

The phenomenon has forced communities to hire private security guards as confidence in the police force is also low.

The government, which faces an election in March, 2003, has reacted by calling up more police, deploying an anti-kidnapping squad of 200 officers and monitoring the escape routes used by criminals.

The economic instability in Argentina has already been exported to its neighbours in Uruguay, Paraguay and Brazil. Should the social instability follow, this part of Latin America will be a flashpoint.

Marcia MIRANDA PRAVDA.Ru

Comments
The horror story called Brazil: Murder and destruction
Russia close to recognising Donetsk and Luhansk republics after Donbass elections
Five years after Maidan revolution, Ukraine remains one of Europe's most corrupt states
Why Trump tries to re-industrialize America
USA plays to pretend a mighty dragon that can no longer breathe fire
US interferes in election of Interpol president, Kremlin believes
US interferes in election of Interpol president, Kremlin believes
Five years after Maidan revolution, Ukraine remains one of Europe's most corrupt states
Brexit: The UK's misunderstanding of Democracy
Kuril Islands dispute between Russia and Japan: The impossible is impossible
Argentina hides the truth about the death of San Juan submarine
Japan ratifies agreement to supply weapons and ammo to warring states
Russia to ban capture of killer whales and belugas in 2019
Russia to raise sunken floating dock
Why Trump tries to re-industrialize America
Kuril Islands dispute between Russia and Japan: The impossible is impossible
Putin dislikes the idea of US army bases coming to Kuril Islands
Argentina hides the truth about the death of San Juan submarine
USA plays to pretend a mighty dragon that can no longer breathe fire
Russians lose faith in their future, get ready for worse
Russians lose faith in their future, get ready for worse