Magazine article Risk Management

Guerrilla Tactics

Magazine article Risk Management

Guerrilla Tactics

Article excerpt

[ILLUSTRATION OMITTED]

Colombia's powerful guerrillas, paramilitary groups and wealthy drug lords "have made the country a sanctuary for homegrown terrorist groups that carry out bombings, extortion, kidnapping and assassination," according to the Council on Foreign Relations. And the risk of terrorism is growing.

Exclusive Analysis, Ltd., an intelligence company that forecasts potential risks to global businesses, issued a report citing rising terrorism risks in Colombia--especially for the oil and mining industries--stemming from continued fighting between Colombia's government, the Revolutionary Armed Forces of Colombia (FARC) guerrillas and the National Liberation Army (ELN). Attacks on oil pipelines more than quadrupled to 88 in the first seven months of 2012, according to government statistics.

There have been recent talks aimed at ending 50 years of fighting between FARC guerrillas and Colombian forces, but hopes should remain grounded since this is just one of many attempts at reconciliation since the 1980s, with the last earnest attempt coming in 2002. …

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