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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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Canadian tech stocks expected to deliver healthy returns in 2024, RBC says


The Canadian technology sector had a stellar performance in 2023, outperforming the broader market and delivering the highest returns since 2020. However, RBC Dominion Securities analysts Paul Treiber and Maxim Matushansky believe that the sector still has room to grow in 2024, albeit at a more moderate pace.

In a report released on Thursday, the analysts said that they expect healthy returns to be more widespread across Canadian tech stocks in 2024 than 2023, driven by three main factors: 1) valuation multiples for many Canadian tech stocks may rise in 2024; 2) organic growth and profitability may improve through 2024; and 3) the Consolidators, such as Constellation Software, CGI Group and Open Text, are likely to continue to create shareholder value through acquisitions.

The analysts noted that the valuation of the average stock in their coverage universe is below historical averages and peer group averages, and that a decline in interest rates could boost the discounted cash flow valuation of the sector. They also pointed out that most of the companies in their coverage are expected to be profitable in 2024, and that some of them may see growth stabilization or improvement as the pandemic-related headwinds ease.

The analysts also highlighted the potential of the Consolidators, which are disciplined allocators of capital that tend to find value in out of favour companies and have the capital to deploy in periods of financial or economic duress. They said that while Constellation and OpenText deployed record amounts of capital on acquisitions in 2023, they expect the other consolidators to deploy more capital on acquisitions in 2024 than 2023.

The analysts’ top five Canadian technology ideas for 2024 are: Constellation Software, Shopify, Kinaxis, Open Text and Calian Group.

The report also covered some of the other analyst actions on Thursday, such as target price adjustments for stocks in the software and services, mining and energy sectors. Some of the notable changes include: RBC’s upgrade of Alamos Gold to “outperform” from “sector perform”; CIBC’s upgrade of Aritzia to “outperformer” from “neutral”; and JP Morgan’s increase of its target price for Canadian Natural Resources to $102 from $101.

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