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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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Japan Sinks into Recession and Loses Its Position in the Global Economy

 

In a significant economic shift, Japan has slipped from its position as the world’s third-largest economy, falling behind Germany. The latest government data reveals that Japan’s economy contracted in the last quarter of 2023, leading to this change in ranking.

For over a decade, Japan held the second spot, but it ceded that position to China. Now, it faces another setback as Germany surpasses it. Here are the key points:

  1. Economic Contraction: Japan’s real GDP shrank by 0.1% in the final quarter of 2023, primarily due to weak spending by households and businesses. Private consumption, which accounts for more than half of economic activity, fell by 0.2% as households grappled with rising living costs and stagnant wages.

  2. Yen’s Impact: The sharp decline of the Japanese yen against the US dollar over the past two years played a crucial role. A weaker yen affects export profits when earnings are repatriated. Germany, too, faces similar challenges, despite being Europe’s largest economy.

  3. Structural Reforms Needed: Japan’s labor crunch is worse than Germany’s, and addressing the low birthrate remains a challenge. The government emphasizes structural reforms, including promoting full-time work for women and easing barriers to foreign investment.

  4. Technical Recession: With two consecutive quarters of contraction, Japan officially enters a technical recession. The country must navigate economic headwinds while welcoming a record number of foreign workers.

While the loss of its global ranking is a blow, Japan remains resilient. As it grapples with demographic shifts and economic complexities, policymakers strive to steer the nation toward sustainable growth.


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