mexico
Houston (AFP) - Sinaloa Cartel co-founder Ismael Zambada Garcia is to appear in court on Thursday amid ongoing mystery about the circumstances surrounding the arrest of the alleged Mexican drug trafficking kingpin. Zambada, 76, was taken into US custody a week ago after landing in a private plane at an airstrip outside El Paso, Texas, with Joaquin Guzman Lopez, the son of the other Sinaloa co-founder, Joaquin "El Chapo" Guzman. Following his arrest, Zambada, also known as "El Mayo," entered a plea of not guilty to US charges of drug trafficking, money laundering and conspiracy to commit murder...
AFP
New York (AFP) - The son of the former Sinaloa drug cartel leader Joaquin "El Chapo" Guzman pleaded not guilty Tuesday to a raft of charges linked to one of the world's biggest illicit narcotics operations, prosecutors said. Joaquin Guzman Lopez was arrested in a scheme allegedly orchestrated by Washington without the involvement of Mexico, in which he was detained in Texas last Thursday. The judge in the case denied bail and remanded him in custody, ordering a case management hearing for September 30, the assistant US Attorney's office said in a statement to AFP. Many of the details of the ar...
AFP
Mexico City (AFP) - The United States has denied orchestrating the capture of Mexican drug lord Ismael "El Mayo" Zambada, who arrived in Texas on a private plane last week, Mexico said Monday. US agents received around two hours' notice that the Sinaloa Cartel co-founder -- one of Mexico's most-wanted drug traffickers -- was on board the aircraft, Security Minister Rosa Icela Rodriguez said. The information appeared to support the theory that Zambada was betrayed by his partners. The 76-year-old was detained on Thursday after disembarking at an airport near El Paso with Joaquin Guzman Lopez, a...
AFP
In the face of potential US election upheaval, investors are turning to frontier-market government bonds for protection. These high-yield debt instruments from less advanced economies are seen as less vulnerable to geopolitical shifts and US policy changes compared to investment-grade countries, Bloomberg reported. According to the report, money managers at William Blair Investment Management and Amundi SA are diversifying their portfolios with frontier-market government bonds — the high-yield debt of less advanced economies in the developing world such as Nigeria and Kazakhstan — saying these...
Invezz
Mexico City (AFP) - Two top leaders of Mexico's Sinaloa drug cartel were arrested by US agents in Texas during a dramatic operation and without the involvment of Mexican authorities. Cartel co-founder Ismael "El Mayo" Zambada pleaded not guilty to drug charges in a US court on Friday. He was taken into custody a day earlier along with Joaquin Guzman Lopez, a son of another cartel co-founder, Joaquin "El Chapo" Guzman, who is already in a US prison. What are the implications of the capture of two of Mexico's most wanted drug traffickers? Impact on Sinaloa cartelUS Drug Enforcement Administratio...
AFP
Washington (AFP) - The co-founder of Mexico's Sinaloa Cartel pleaded not guilty to US drug charges on Friday after being flown to Texas in a scheme allegedly orchestrated by another top leader of the notorious trafficking ring. Ismael Zambada Garcia, known as "El Mayo," co-founder of the cartel, and Joaquin Guzman Lopez, a son of its other co-founder, were taken into custody in El Paso, Texas, on Thursday, US officials said. Zambada, 76, who faces charges of drug trafficking, money laundering and conspiracy to commit murder, appeared before a US magistrate judge shortly after his stunning arre...
AFP
Mexico City (AFP) - Ismael "Mayo" Zambada, the Sinaloa Cartel co-founder arrested Thursday in the United States, is one of Mexico's most-wanted drug traffickers who evaded justice for decades. Before his startling capture in El Paso, Texas, the 76-year-old had never been to jail. Despite his efforts to keep a low profile, the elusive boss was one of the US Drug Enforcement Administration's top targets. The United States had offered a $15 million reward for information leading to Zambada's arrest, accusing him of trafficking cocaine, heroin, methamphetamines and fentanyl. The bounty exceeded th...
AFP
Washington (AFP) - Two top leaders of Mexico's Sinaloa drug cartel, including its co-founder Ismael Zambada Garcia, were arrested on Thursday in Texas, the US Department of Justice said. "Ismael Zambada Garcia, or 'El Mayo,' cofounder of the Cartel, and Joaquin Guzman Lopez, a son of its other cofounder, were arrested today in El Paso, Texas," Attorney General Merrick Garland said in a statement, calling the cartel "one of the most violent and powerful drug trafficking organizations in the world." The pair face "multiple charges in the United States for leading the Cartel's criminal operations...
AFP
Tuxtla Gutiérrez (Mexico) (AFP) - Hundreds of migrants continued their journey to the United States on foot Tuesday from a city in southern Mexico, appealing for permits that would allow them to travel freely to the border. The migrants, mostly from Venezuela and Central America, marched along a highway from Tapachula in Chiapas state near the Guatemalan border. Some of them complained of delays in receiving humanitarian visas from the immigration authorities that would allow them to traverse Mexico without being deported. "The immigration people told us that they were going to help us," said ...
AFP
The Mexican peso strengthened against the dollar on Monday primarily due to the withdrawal of US president Joe Biden from the presidential race. The rise followed the Peso registering its worst week since the June 2 elections. Analysts suggested Biden’s withdrawal from the race has stabilized market volatility, positively impacting the currency. The Mexican peso has appreciated to 17.9583 units per dollar from 18.0825 units, marking a 0.69% increase. The Dollar Index (DXY), measuring the dollar against six currencies, fell 0.02% to 104.37 units. Last week, the peso registered its worst weekly ...
Invezz
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