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Latin Security: Venezuela Worse

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The economic downturn will likely worsen the security situation in Latin America.

BY CHRONICLE STAFF

Thanks to growing crime in Venezuela, the country is now the second-most dangerous country in Latin America for foreign multinationals and their executives, according to the third annual Latin Security Index developed by FTI Consulting Ibero America for Latin Business Chronicle.

"Venezuela is rapidly becoming one of the most violent countries in the region, with an alarming spike in kidnappings for ransom, homicides, and organized crime related to the drug cartels and terrorists moving into Venezuela from Colombia.," says Frank Holder, senior managing director at the international risk and investigations group at FTI Consulting.

GETTING WORSE

While Venezuela keeps its danger level from last year, the trend shows that it could get worse, the index shows.  The government of...



Keywords: Latin Security Index (Full Ranking), Argentina, Brazil, Chile, Colombia, Costa Rica, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Peru, Uruguay

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