Global Security Alert: “El Mencho” Killed in US-Backed Operation, Iran Nuclear Talks Set for Geneva, and Fonterra Resumes Trading

Group 1: Mexico Security Crisis - The Mexican army killed Nemesio "El Mencho" Oseguera Cervantes, leader of the Jalisco New Generation Cartel (CJNG), during a military operation supported by U.S. intelligence [2][8] - The operation led to violent retaliation from cartel members across at least five Mexican states, prompting travel warnings from the UK and U.S. governments [3][8] - Analysts suggest that El Mencho's death may result in a power struggle within the CJNG, potentially destabilizing the region further in the short term [4] Group 2: Geopolitical Tensions - High-level nuclear negotiations between the U.S. and Iran are set to resume in Geneva, with the U.S. pushing for a "zero enrichment" deal amid heightened military presence in the region [5][6] - The International Atomic Energy Agency (IAEA) is preparing to review Iran's nuclear facilities, which may impact global oil supply and regional stability [6] Group 3: Market Update - Fonterra Co-operative Group (FCG) ordinary shares will resume trading on the NZX Main Board after a trading halt due to a system error [7][9] - The resumption of trading coincides with Fonterra's significant divestment of the Mainland Group to Lactalis, targeting a tax-free capital return of approximately $3.2 billion [9]