- June 9, 2015
Terra Firma featured in a recent Economist article.
The following excerpts are taken from the article:
In Venezuela, where the number of abductions is rising, “express kidnappings” are the most common sort, according to the Venezuelan Violence Observatory (OVV), a think-tank based in Caracas.
Terra Firma, a security firm with a branch in the city, has noticed that kidnappings surge every two weeks, when most people get paid their wages, which suggests that the victims are working-class.
Economic hardship is one reason for the persistence of low-rent kidnapping. In Venezuela, where the economy is in a slump and foreign currency is scarce, fewer hostages can pay big-dollar ransoms, says a negotiator from Terra Firma.
The Economist “Quickie kidnappings – As abductions get faster, the poor are being targeted along with the rich” – June 6th 2015
For more on Terra Firma Risk Management kidnap response service, please click here.