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US-Backed Operation Ends Reign of Cartel Boss ‘El Mencho’

  A forensic ambulance believed to be transporting the body of Mexican drug lord Nemesio Oseguera, known as "El Mencho,"leaves the Specialized Prosecutor's Office for Organised Crime (FEMDO), following a military operation in which a government source said he was killed, in Mexico City, Mexico, February 22, 2026.  Mexico has entered a turbulent new chapter after the death of Nemesio Oseguera Cervantes, widely known as El Mencho , one of the country’s most feared cartel leaders. The Mexican military, supported by U.S. intelligence, carried out a high‑stakes raid in the western state of Jalisco that resulted in the fatal wounding of the Jalisco New Generation Cartel (CJNG) boss. He later died while being transported to Mexico City for treatment.  Authorities confirmed that the operation, conducted in Tapalpa, was part of an intensified bilateral effort to curb the production and trafficking of fentanyl and other narcotics into the United States. A specialized U.S.-led int...
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Market Momentum Continues Post-Fed Meeting

 

The financial markets have maintained their upward trajectory following the recent Federal Reserve meeting. Investors have been encouraged by the Fed’s signals of a potential pivot in monetary policy, leading to a rally in both shares and bonds.

  • Global Gains: The MSCI world share index is on track for its seventh consecutive week of gains, a streak not seen in six years. European and Asian markets have also seen significant rises.
  • Fed’s Dovish Stance: The Fed’s dovish outlook, coupled with Chair Jerome Powell’s remarks on the end of tightening measures, has fueled optimism. Markets are now pricing in substantial rate cuts for the coming year.
  • Bond Market Rally: The 10-year Treasury yield has dipped below 4%, with a notable weekly decline, reflecting the largest drop since the early pandemic days in March 2020.
  • Mixed Economic Signals: Despite positive market movements, preliminary PMI data indicates continued challenges in the euro zone economy, potentially questioning the ECB’s current stance.

This sustained market performance highlights investor confidence in the face of changing central bank policies and varied economic indicators.

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