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Mexico violence news LIVE updates: Military kills CJNG's El Mencho, US issues travel advisory amid violence
MINT· 2026-02-23 00:40
Mexico violence news LIVE updates: The Indian Embassy in Mexico issued an advisory for its citizens in the country as violence hit Jalisco following the military operation to kill drug lord Nemesio "El Mencho".Nemesio "El Mencho" Oseguera Cervantes, the leader of the Jalisco New Generation Cartel (CJNG), was killed in an operation led by Mexico's military on Sunday, the government announced, as per the Associated Press.ALO READ: Who was El Mencho?What's happening in Mexico?The military operation to kill El ...
Who was El Mencho? All you need to know about killing of ‘Jalisco New Generation Cartel’ leader in Mexico
MINT· 2026-02-23 00:14
Core Insights - The leader of the Jalisco New Generation Cartel (CJNG), Nemesio "El Mencho" Oseguera Cervantes, was killed in a military operation in Mexico [1] Group 1: Background of El Mencho - El Mencho was a former police officer who became the leader of CJNG, recognized as one of the most powerful criminal organizations in Mexico [2] - He was originally from Aguililla, Michoacan, and had been involved in drug trafficking since the 1990s [2] - Oseguera was wanted by US authorities with a bounty of up to $15 million for information leading to his arrest [3] Group 2: Criminal Activities - After serving nearly three years in prison for heroin distribution in the US, Oseguera returned to Mexico and resumed drug trafficking [4] - He co-founded CJNG around 2007 after working with drug lord Ignacio Coronel Villarreal and later split from the Sinaloa Cartel [4] - The US Justice Department charged him in 2022 for leading efforts to manufacture and distribute controlled substances, including methamphetamine, cocaine, and fentanyl [5] Group 3: Impact of El Mencho's Death - The military operation that resulted in El Mencho's death led to violent reactions from CJNG members, including roadblocks and arson across Jalisco [6][7] - The violence affected air travel, with Air Canada suspending flights to Puerto Vallarta due to security concerns [9] - The US and Canadian governments issued warnings to their citizens in affected regions, advising them to shelter in place and avoid areas of law enforcement activity [10][11][13]
Mexican army kills top drug kingpin 'El Mencho'; airlines to suspend flights to Puerto Vallarta
Fortune· 2026-02-22 20:15
The Mexican army killed the leader of the Jalisco New Generation Cartel, Nemesio Rubén Oseguera Cervantes, “El Mencho,” on Sunday, decapitating what had become Mexico’s most powerful cartel and giving the government its biggest prize yet to show the Trump administration for its efforts.Oseguera Cervantes was wounded in an operation to capture him Sunday in Tapalpa, Jalisco about two hours drive southwest of Guadalajara Sunday and died while being flown to Mexico City, the Defense Department said in a statem ...
AI Summit: Navigating the new defaults of the agentic web
The Economic Times· 2026-02-19 18:16
Core Insights - AI is causing a paradigm shift by collapsing time, decision-making, negotiation, and trust, leading to autonomous actions where human control is diminished [1][9] - The amount of agentic traffic on the web is expected to exceed human traffic within one to two years, indicating a significant shift in how tasks are performed online [2][10] Industry Implications - AI is concentrating power at the invocation level, meaning that the decision of which applications to use is now more critical than ever, potentially sidelining businesses that do not get invoked by AI [3][10] - The role of humans is shifting from real-time decision-making to configuring AI systems, which raises questions about how to set constraints and ensure accountability [4][10] Operational Challenges - AI operates continuously and can make decisions faster than humans can observe, complicating intervention strategies when errors occur [6][10] - The focus on outcomes rather than outputs means that AI agents may bypass obstacles, potentially leading to illegal actions to achieve desired results [7][10] Economic Impact - The internet economy is being transformed as AI begins to supplement and replace traditional websites and applications, leading to concerns about the future of the app economy [7][10] - By next year, over 50% of web traffic is projected to be generated by bots, necessitating a rearchitecture of existing systems to accommodate this shift [7][10] Geopolitical Considerations - Upcoming summits will address geopolitical compliance topics related to AI, emphasizing the need for discussions on how to adapt to the new defaults of the AI era rather than merely viewing AI as a digitization tool [8][10]
Air Canada Expands Travel Options to Türkiye Through New Partnership with Pegasus Airlines
Globenewswire· 2026-02-19 14:00
Core Insights - Air Canada and Pegasus Airlines have formed a new partnership to enhance travel options to Türkiye, specifically to Istanbul and Izmir [1][3][5] Group 1: Partnership Details - The interline agreement allows Air Canada customers to book travel on nine routes operated by Pegasus Airlines, facilitating connections through major European gateways [5][7] - The partnership aims to deepen collaboration with future codeshare and loyalty agreements, enhancing customer benefits [3][6][7] Group 2: Strategic Importance - This partnership strengthens Air Canada's connectivity to a growing market, providing customers with increased choice and flexibility in travel [5][6] - The collaboration is expected to enhance travel convenience with features like single itineraries and through-checked baggage [7] Group 3: Company Profiles - Air Canada is the largest airline in Canada, serving over 180 airports globally and is a founding member of Star Alliance [8] - Pegasus Airlines, established in 1990, operates as a low-cost carrier with a network of 158 destinations across 55 countries, focusing on budget-friendly travel [9]
X @Bloomberg
Bloomberg· 2026-02-18 15:52
Air Canada was ordered by an arbitrator to increase wages for its 15,000 cabin crew members by more than 20% over four years, largely in line with what the company initially proposed. https://t.co/63SW8OIj2H ...
Air Canada Expands its Mexico Presence with New Montréal-Guadalajara Route and 18% More Capacity this Summer to Sought After Destinations, Supporting Canada’s Trade Diversification
Globenewswire· 2026-02-17 14:10
Core Insights - Air Canada is expanding its summer schedule to Mexico with an 18% increase in seat capacity compared to last summer, reflecting the strengthening ties between Canada and Mexico [1][11] - New year-round flights from Montréal to Guadalajara will be introduced, along with increased frequencies to popular destinations such as Cancún, Monterrey, Mexico City, and Puerto Vallarta [1][3] Company Expansion - The airline's new service between Montréal and Guadalajara will operate year-round, enhancing connectivity and supporting growing passenger and cargo demand [3][4] - Increased flight frequencies include 11 weekly flights from Montréal to Cancún (up from 7), 4 weekly flights from Toronto to Monterrey (up from 3), and 11 weekly flights from Vancouver to Mexico City (up from 7) [6][9] Economic Impact - The expansion is part of a broader strategy to facilitate tourism, trade, and connectivity, aligning with Canada's efforts to strengthen economic ties with Mexico [4][5] - Enhanced direct connections are expected to benefit Canadian businesses and entrepreneurs by making it easier to pursue opportunities in Mexico [6][7] Historical Context - Air Canada has been operating flights to Mexico since 1954, and currently offers 30 non-stop flights from eight Canadian cities to 11 destinations in Mexico during peak winter season [10][12] - The airline's operations include connections to Europe and Asia through its hubs in Montréal, Toronto, and Vancouver, further integrating Mexico into its global network [10][12]
Air Canada Expands its Mexico Presence with New Montréal-Guadalajara Route and 18% More Capacity this Summer to Sought After Destinations, Supporting Canada's Trade Diversification
Globenewswire· 2026-02-17 14:10
Core Insights - Air Canada is expanding its summer schedule to Mexico with an 18% increase in seat capacity compared to last summer, reflecting the strengthening ties between Canada and Mexico [1][11] - New year-round flights from Montréal to Guadalajara will be introduced, along with increased frequencies to popular destinations such as Cancún, Monterrey, Mexico City, and Puerto Vallarta [1][6] Company Expansion - The airline's new service between Montréal and Guadalajara will operate year-round, enhancing connectivity and supporting growing passenger and cargo demand [3][11] - Increased flight frequencies include 11 weekly flights from Montréal to Cancún (up from 7), 4 weekly flights from Toronto to Monterrey (up from 3), 11 weekly flights from Vancouver to Mexico City (up from 7), and 2 weekly flights from Vancouver to Puerto Vallarta (up from 1) [6][9] Strategic Importance - Air Canada's expansion is part of a broader strategy to enhance its global network and strengthen tourism and commercial ties between Canada and Mexico [3][4] - The initiative aligns with Canada's efforts to diversify trade and create new partnerships, facilitating easier travel for business leaders, tourists, and investors [5][6] Historical Context - Air Canada has been operating flights to Mexico since 1954, and currently offers 30 non-stop flights from eight Canadian cities to 11 destinations in Mexico during peak winter season [10] - The airline connects Mexico globally to Europe and Asia through its hubs in Montréal, Toronto, and Vancouver, reinforcing its role in international travel [10]
Air Canada (OTC:ACDVF) Maintains "Hold" Rating by Jefferies with Increased Price Target
Financial Modeling Prep· 2026-02-16 05:00
Core Viewpoint - Air Canada has demonstrated strong financial performance, exceeding earnings and revenue estimates, while Jefferies maintains a "Hold" rating and raises the price target for the stock. Financial Performance - Air Canada reported quarterly earnings of $0.47 per share, significantly exceeding the Zacks Consensus Estimate of $0.20 per share, resulting in an earnings surprise of +138.94% [2] - The company generated $4.14 billion in revenue for the quarter ending December 2025, surpassing the Zacks Consensus Estimate by 3.90%, and showing an increase from $3.86 billion reported in the same period last year [3] Stock Performance - The current price of ACDVF is $14.90, reflecting an increase of 4.12% or $0.59, with a trading range between a low of $14.61 and a high of $15.76 for the day [4] - Over the past year, ACDVF has reached a high of $17.25 and a low of $8.56, with a market capitalization of approximately $4.41 billion [4] Analyst Rating - Jefferies maintained a "Hold" rating for Air Canada and raised its price target from C$18 to C$22 [5]
Cuba fuel crisis deepens as Trump tightens screws after Venezuela raid
Business· 2026-02-15 05:36
Core Viewpoint - Cuba is facing a severe fuel shortage that threatens its tourism industry and daily life, prompting international airlines to warn about the inability to refuel at Cuban airports [1] Group 1: Impact on Airlines and Tourism - Air Canada has suspended flights to Cuba due to the ongoing aviation fuel shortage and will operate empty flights to repatriate approximately 3,000 customers stranded on the island [1] - The fuel scarcity has led to reports of cancelled flights and disruptions to major events, indicating a potential decline in tourism receipts and access to hard currency, which are essential for maintaining basic services [5] Group 2: Political and Economic Context - The fuel crisis has intensified following increased US pressure on Cuba, particularly after a military operation in Venezuela aimed at President Nicolás Maduro, a close ally of Cuba [2] - US President Trump has labeled Cuba's government as a significant threat and has threatened tariffs on countries supplying oil to Cuba, which has deterred potential shipments and exacerbated the fuel shortage [3][4] Group 3: Government Response and International Support - In response to the fuel crisis, the Cuban government is implementing fuel rationing and emergency measures affecting transportation, public services, and parts of the state economy [5] - Cuban President Miguel Díaz-Canel has condemned US actions and expressed willingness to engage in talks with Washington without preconditions [6] - China and Russia have expressed support for Cuba, with China condemning US actions that harm the Cuban people and Russia describing the fuel situation as critical [8][9] Group 4: Humanitarian Concerns - The United Nations has warned that the situation in Cuba could worsen significantly if oil needs are not met, raising concerns over humanitarian and stability risks as shortages affect essential services [11] - The US government has announced an additional $6 million in humanitarian aid to Cuba, aimed at supporting communities recovering from Hurricane Melissa, which includes food staples and solar lamps [10]