The Guadalajara Reporter
Guadalajara's Largest English Newspaper
The case of Ismael “El Mayo” Zambada, one of the leaders of the Sinaloa Cartel and a historic figure in Mexico’s drug trade, took a dramatic turn Monday when he pleaded guilty to two charges related to organized crime in a New York court.
Mexico’s CIBanco has filed a lawsuit in the District of Columbia Court against the U.S. Department of the Treasury and its Financial Crimes Enforcement Network (FinCEN) following accusations that it facilitated operations linked to drug trafficking. The lawsuit claims the U.S. government’s decision in June to exclude the Mexican bank from the U.S. financial system amounts to an “institutional death penalty” by preventing the transfer of funds to U.S. financial institutions.
Mexican President Claudia Sheinbaum stated this week that the decision to hand over 26 drug traffickers to U.S. authorities on August 12 was not influenced by President Donald Trump’s threats of high tariffs.
A sharp decline in remittances sent by Mexican workers abroad—primarily from the United States—has raised concerns among government officials and economic analysts, given the significant role these funds play in Mexico’s economy and family incomes.
Reports have surfaced that U.S. President Donald Trump secretly signed a directive authorizing the Pentagon to use military force against certain Latin American drug cartels, triggering a storm of controversy across the continent.
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned four individuals and 13 companies tied to timeshare fraud schemes orchestrated by the Cartel de Jalisco Nueva Generación (CJNG).
Israel Vallarta Cisneros, the man once accused of leading the “Los Zodiaco” kidnapping gang, was released from prison last Friday after a trial process that spanned nearly two decades.
Mexico looks set to benefit significantly from the decline in Canadian travel to the United States.
Even some of her most ardent critics in Mexico begrudgingly acknowledge President Claudia Sheinbaum’s skillful handling of U.S. President Donald Trump.
Known for his put-downs of some fellow leaders, Trump has been seriously wooed by Sheinbaum. “A wonderful woman,” he has called her, allegedly telling aides that “she’s tough.”
