Mexico hit by wave of violence after security forces kill cartel leader

Financial Times
February 22, 2026
AI-Generated Deep Dive Summary
Mexico has experienced a surge in violence following the killing of José María Moreales Galván, also known as 'El Mencho,' the leader of the Jalisco New Generation Cartel (CJNG). This wave of violence comes after Mexican security forces, supported by US intelligence, targeted and killed the cartel boss. The death of 'El Mencho' has led to retaliatory attacks across the country, raising concerns about escalating gang conflicts and their impact on public safety. The CJNG, one of Mexico's most powerful cartels, controls significant portions of the drug trade and operates a vast criminal network. The killing of its leader has resulted in heightened tensions between rival gangs and increased violence, including clashes with other cartels and attacks on local authorities. This escalation is seen as a direct response to the Mexican government's recent efforts to combat organized crime, which have been bolstered by US pressure to address drug trafficking. The situation underscores the complex challenges faced by Mexico in its ongoing fight against cartels. While the death of 'El Mencho' may weaken the CJNG in the short term, it risks triggering a power vacuum that could lead to further instability. The violence has already disrupted business operations in affected regions, with industries such as agriculture and tourism bearing the brunt of reduced safety and increased costs. From a business perspective, the surge in violence poses significant economic risks. Companies operating in areas impacted by the cartels' activities face heightened threats of extortion, kidnappings, and property damage. Additionally, the instability may deter foreign investment and complicate trade relations between Mexico and its neighboring countries, including the United States. The financial sector is also vulnerable, as banks and businesses grapple with increased insurance costs and potential losses due to cartel-related crimes. The situation highlights the delicate balance between security efforts and economic stability in Mexico. While targeting high-profile cartel
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Originally published on Financial Times on 2/22/2026