Business
Who Killed Mexico’s Drug Cartel Leader ‘El Mencho’?
Mexican army forces killed Nemesio Rubén Oseguera Cervantes, the longtime leader of the Jalisco New Generation Cartel known as “El Mencho,” during a military operation Sunday in the western state of Jalisco, the country’s Secretariat of National Defense confirmed.

The death of one of the world’s most wanted drug lords represents a significant victory for Mexican authorities and comes as the government faces intense pressure from the United States to curb the flow of fentanyl and other drugs across the border. Oseguera Cervantes, 59, died from wounds sustained in the predawn raid after he and two other injured cartel members were airlifted toward Mexico City for medical treatment.
The operation unfolded in the town of Tapalpa, roughly two hours southwest of Guadalajara, where troops attempting to capture El Mencho came under heavy gunfire from cartel gunmen. Four CJNG members were killed at the scene, according to the Defense Ministry. Three soldiers were wounded and are receiving care. Authorities recovered armored vehicles, high-powered weapons including rocket launchers, and other military-grade equipment.
A federal official, speaking on condition of anonymity because they were not authorized to discuss the matter publicly, described the mission as an arrest attempt that escalated into a deadly firefight. The ministry’s statement on social media platform X detailed that Oseguera Cervantes was gravely injured during the exchange and succumbed en route to the capital.
El Mencho, born in Aguililla, Michoacán, rose from a former police officer to found and lead the CJNG around 2009. The cartel has since become one of Mexico’s most dominant and violent organizations, controlling vast territories for fentanyl production and trafficking, methamphetamine manufacturing, cocaine distribution, extortion rackets and fuel theft. Its aggressive expansion and brutal tactics, including public displays of mutilated bodies and attacks on security forces, made it a primary target for both Mexican and U.S. law enforcement.
The U.S. State Department had offered a reward of up to $15 million for information leading to his capture or conviction, labeling the CJNG a foreign terrorist organization. El Mencho had evaded authorities for more than a decade, with repeated rumors of his death or serious illness proving unfounded until Sunday’s confirmation.
The killing triggered immediate retaliatory violence across Jalisco and neighboring areas. Cartel gunmen set up roadblocks using burning vehicles, clashed with security forces and targeted public infrastructure in cities including Guadalajara and Puerto Vallarta. Reports emerged of shootouts, forced closures and shelter-in-place advisories as chaos spread.
The unrest severely disrupted air travel to the popular tourist hub of Puerto Vallarta. Licenciado Gustavo Díaz Ordaz International Airport suspended operations Sunday afternoon due to blocked access roads and nearby security incidents. Several international carriers, including Air Canada, United Airlines and WestJet, canceled or diverted flights to the destination, citing the ongoing situation. Other airlines monitored developments closely, with some advising passengers to avoid travel to the region.
Canada updated its travel advisory urging citizens to avoid non-essential trips to parts of Jalisco, while the U.S. Embassy in Mexico warned American citizens there to shelter in place, limit movement and follow local media for updates. Puerto Vallarta, which attracts millions of visitors annually from North America, has generally avoided the worst of cartel violence in recent years despite being in CJNG territory, making the sudden disruptions particularly alarming for the tourism-dependent economy.
U.S. officials quickly praised the operation. Deputy Secretary of State Christopher Landau described it as a “great development” on social media, calling El Mencho “one of the bloodiest and most ruthless drug kingpins.” The takedown aligns with heightened U.S.-Mexico cooperation amid threats from the Trump administration to conduct unilateral actions inside Mexico if drug trafficking persists unchecked.
Analysts caution that El Mencho’s death may not dismantle the CJNG entirely. The cartel has shown resilience in the past, with potential successors including family members and high-ranking lieutenants likely to compete for control. His son, Rubén Oseguera González (“El Menchito”), was extradited to the United States in 2020 and remains in custody facing drug charges.
“This is a decapitation strike on par with El Chapo’s capture, but history shows these groups often splinter or reorganize rather than collapse,” said a security analyst familiar with Mexican organized crime, speaking on condition of anonymity due to the sensitivity of the topic. “Short-term violence is almost certain as factions vie for power.”
The Mexican government has not released details on forensic identification or next steps, though multiple independent sources, including international media outlets and the Defense Ministry, corroborated the death. Federal reinforcements have been deployed to restore order in Jalisco, with authorities urging residents to avoid unnecessary travel and report suspicious activity.
El Mencho’s elimination arrives more than 15 years into Mexico’s drug war, which has claimed hundreds of thousands of lives and left powerful criminal enterprises controlling significant swaths of territory. While the operation provides a high-profile win for President Andrés Manuel López Obrador’s administration — often criticized for its “hugs, not bullets” philosophy — experts stress that addressing underlying issues like poverty, corruption and demand for drugs remains essential to lasting progress.
As investigations continue and violence simmers in western Mexico, the focus shifts to how the CJNG evolves without its founder and whether this strike meaningfully disrupts the flow of deadly narcotics into the United States.
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Dollar dips as Trump’s tariff wall slips
The euro was up 0.4% to $1.1823 and sterling rose by a similar margin to $1.3521 early in Asia trade, which was lightened a little by a holiday in Japan and China’s Lunar New Year break. The dollar fell 0.4% to 154.42 yen.
The Supreme Court found on Friday Trump’s sweeping tariffs exceeded his authority. Trump has responded by lashing out at the court and imposing a blanket 15% levy on imports, as well as insisting higher-tariff deals with trade partners should stay.
“It weakens the dollar in the sense that it potentially benefits non-U.S. growth,” said Sim Moh Siong, currency strategist at OCBC Bank in Singapore.
He said longer-run foreign exchange implications were less clear, with a hit to U.S. revenues potentially negative for the fiscal position and the dollar, while a check on Trump’s power may be a positive, by limiting a source of policy volatility.
The New Zealand and Australian dollars were a little higher in morning trade, with the Aussie breaching 71 cents and the kiwi hovering just shy of 60 cents.
The safe-haven Swiss franc jumped 0.5% to 0.7716 francs per dollar. “This decision is another chip away at Trump’s power … so that’s a positive for markets,” said Jason Wong, strategist at BNZ in Wellington.
“But there’s so many factors, there’s all these moving parts, it’s not tradable.”
Besides tariffs, markets have an eye on a U.S. military buildup in the Middle East as it pressures Iran to drop pursuit of nuclear weapons, and are looking ahead to Trump’s State of the Union address Tuesday.
TRUMP CONSTRAINED
Trump’s replacement levies run for 150 days and it is not clear if the U.S. owes importers refunds on duties already paid, with the Supreme Court making no ruling on that issue.
Analysts expect years of litigation and another bout of activity-crimping confusion while Trump seeks other means to replace the raft of global tariffs more permanently.
“Things don’t change too much,” said Martin Whetton, head of financial markets strategy at Westpac in Sydney.
The European Commission demanded on Sunday the U.S. stick to a deal reached last year with the EU, which includes zero tariffs on some products such as aircraft and spare parts.
U.S. trading partners in Asia were cautiously weighing fresh uncertainties, as were investors who have already been wrong-footed by markets’ responses to Trump’s trade levies – which have incidentally failed to close the U.S. trade deficit.
In the lead-up to Trump’s election, investors had bet on tariffs lifting the dollar, assuming the rest of the world would try to weaken their currencies to offset a hit to exports.
But through 2025 the dollar fell – the dollar index dropped more than 9% – as markets ended up focusing instead on anticipating interest rate cuts, worrying about the U.S. fiscal deficit and Trump’s unnerving policy swerves.
“The key issue … is that the Trump administration will be much more constrained in their ability to use tariffs in general,” ANZ’s group chief economist Richard Yetsenga said on the bank’s podcast.
“I don’t think this will change too much about the global economy.”
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Rosina meatballs recalled from Aldi over potential metal contamination
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Federal regulators announced Sunday a recall of nearly 9,500 pounds of frozen, ready-to-eat meatballs over potential metal fragment contamination.
The recall affects New York–based Rosina Food Products’ Italian-styled meatballs, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) said.
“Rosina Food Products, Inc., a West Seneca, N.Y. establishment, is recalling approximately 9,462 pounds of ready-to-eat (RTE) frozen meatball products that may be contaminated with foreign material, specifically metal,” regulators said.
The issue was discovered after a consumer reported finding metal fragments in the meatballs. There have been no reports of confirmed injuries, but the department said anyone concerned should contact a healthcare provider.
MULTISTATE OUTBREAK OF HIGHLY DRUG-RESISTANT SALMONELLA LINKED TO TRENDY ‘SUPERFOOD,’ FEDS WARN

Federal regulators announced a recall of frozen, ready-to-eat meatballs on Feb. 22,2026. (Department of Agriculture / Fox News)
The impacted packages were distributed to Aldi supermarket locations nationwide.
The recall applies to 32-ounce bags of fully cooked, frozen “Bremer FAMILY SIZE ITALIAN STYLE MEATBALLS,” which contain about 64 meatballs per package.
The products were produced on July 30, 2025, and have a 15-month shelf-life, according to officials.
MORE THAN 3M POUNDS OF FROZEN CHICKEN FRIED RICE RECALLED OVER POTENTIAL GLASS CONTAMINATION

An exterior view of an Aldi grocery store. (Photo by Paul Weaver/SOPA Images/LightRocket via Getty Images / Getty Images)
Consumers should look for bags with a “BEST BY” date of “10/30/26,” timestamps between 17:08 and 18:20 printed on the back, and the establishment number “EST. 4286B” located inside the USDA mark of inspection.
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FSIS urged consumers to check their refrigerators and freezers and advised not to eat the meatballs, but to either throw them away or return them to the store where they were purchased.
For questions regarding the recall, consumers can contact Rosina Food Products Customer Service at 1-888-767-4621 or via email at CService@rosina.com
FOX Business reached out to Rosina Food Products for more information.
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