Latin America has some of the highest crime rates in the world. And that includes extortion, which doesn't just terrorize but also takes a huge economic toll on ordinary citizens. In many Latin American countries, it's costing billions of dollars and hindering development. As part of our series on violence in Latin America, NPR's Carrie Kahn takes us to Mexico, where some estimates say extortion costs more than $30 billion a year. [POST-BROADCAST CORRECTION: Extortion costs an estimated $3.2 billion in Mexico annually.]
A new gastronomic guide to Rio de Janeiro's shantytowns — for a cool $35 — has just been published. A new boutique hotel perched on top of one of Rio's previously most dangerous favelas is about to open. And yes, there is a jazz club and yoga, too.
These are new services catering to a new kind of favela resident.
German Garcia-Velutini got into his car and left work one day. It took him 11 months to get home.
Kidnappers had nabbed the Venezuelan banker. His abduction is part of a problem that's been getting worse every year for the past decade in Venezuela, which belongs to a region riddled with crime and the most violent cities in the world.
Gracia-Velutini tells his story at an outdoor table at a hotel in Caracas, the capital, with a view of a mountainside that climbs into the clouds.