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Organized crime blamed for 160,000 business closures in Mexico in 2011

Insecurity created by organized crime in Mexico forced the closure of more than 160,000 companies in 2011 alone, according to the country’s employers confederation Coparmex. The warning, late Tuesday, came amid raging gangland-style violence across swaths of the country which is blamed for some 50,000 deaths since 2006. “Organized crime…