Mexico president "very indignant" about Wal-Mart case

Mexican President Felipe Calderon said on Wednesday that allegations the Mexican unit of Wal-Mart Stores Inc sought to bribe officials in Mexico to grow its business there had made him "very indignant". ...

Carlos Jasso/Reuters

Crime has become the most prevalent threat to security in Latin America, and one of the most vexing problems for the region’s governments.

REUTERS/Karen Pulfer Focht

By Lizbeth DiazMEXICO CITY (Reuters) - Left-wing Mexican senators on Tuesday presented an initiative to legalize medical marijuana, saying a new approach was needed to speed up drug liberalization and help end a cycle of cartel violence that has killed tens of thousands.

WASHINGTON: America's multinational retail corporation Wal-Mart is suspected to have paid bribes worth millions of dollars in India, according to a media report. In a major report, The Wall Street Journal said Wal-Mart's "suspected bribery" unearthed in India involves thousands of small payments to low-level local officials to help move goods through customs or obtain real-estate permits. "The vast majority of the suspicious payments were less than USD 200, and some were as low as USD 5, the people said, but when added together they totalled millions of dollars," the daily said.

By Dave Graham