International

29 killed in arrest of Mexico drug kingpin’s son

Photo: Marcos Vizcarra / AFP

January 6th | By AFP |

Ten soldiers and 19 suspected criminals were killed in an operation to arrest a son of jailed drug trafficker Joaquin “El Chapo” Guzman, Mexico’s government said Friday, with a dramatic shootout sowing terror at an airport.

Thousands of soldiers retook control of the Sinaloa cartel stronghold of Culiacan, which resembled a war zone after furious gunmen went on the rampage to try to free their boss.

Ovidio Guzman was captured in the northwestern city on Thursday and flown to Mexico City before being transferred to the high-security Altiplano prison in central Mexico from which “El Chapo” escaped in 2015.

The 32-year-old, nicknamed “El Raton” (The Mouse), had allegedly helped to run his father’s operations since the former Sinaloa cartel boss was extradited to the United States in 2017.

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A colonel who commanded an infantry battalion was among those killed after his team came under attack following the arrest, Defense Minister Luis Cresencio Sandoval told reporters.

Another 35 soldiers sustained gunshot wounds and were taken to hospital, while 21 gunmen were arrested.

Sandoval said a civilian airliner that was about to take off from Culiacan International Airport, as well as two Mexican Air Force aircraft, were hit as cartel henchmen tried to free Ovidio Guzman.

The military planes “had to make an emergency landing” after receiving “a significant number of impacts,” said Sandoval.

No injuries resulted from the plane attacks and Culiacan airport resumed operations on Friday.

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Multimillion-dollar bounty

The United States had issued a reward of up to $5 million for information leading to Ovidio Guzman’s capture. It accuses him of being a key player in the Sinaloa cartel founded by his father.

The arrest came as Mexican President Andres Manuel Lopez Obrador prepared to welcome his US counterpart Joe Biden for a North America leaders’ summit next week where security is expected to be high on the agenda.

Mexico denied that the United States had been involved in the operation to catch Ovidio Guzman.

“We act autonomously, independently. Yes there is cooperation and there will continue to be, but we make the decisions as a sovereign government,” Lopez Obrador told reporters.

He said calm had returned to Culiacan, where security forces removed dozens of stolen and burnt out vehicles scattered throughout the city of 800,000 people.

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Videos on social media Thursday showed passengers and Aeromexico airline employees ducking behind counters as gunfire rang out at Culiacan airport.

Cartel gunmen set cars and trucks ablaze at several intersections in the city, and authorities reported 19 roadblocks.

Cocaine, meth and fentanyl

El Chapo is serving a life sentence in the United States for trafficking hundreds of tons of drugs into the country over the course of 25 years.

However, his cartel remains one of the most powerful in Mexico, accused by Washington of exploiting an opioid epidemic by flooding communities in the United States with fentanyl, a synthetic drug about 50 times more potent than heroin.

Ovidio Guzman and one of his brothers are accused of overseeing nearly a dozen methamphetamine labs in Sinaloa as well as conspiring to distribute cocaine and marijuana, according to the US State Department.

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Ovidio Guzman also allegedly ordered the murders of informants, a drug trafficker and a Mexican singer who refused to perform at his wedding, it said.

He was captured briefly once before in 2019, but security forces freed him after his cartel waged an all-out war in response.

His release prompted sharp criticism of Lopez Obrador, who said the decision was made to protect civilians’ lives.

Foreign Minister Marcelo Ebrard has played down the prospects of a fast-track extradition, saying Ovidio Guzman was expected to face legal proceedings in Mexico.

Mexico has registered more than 340,000 murders since the government controversially deployed the army to fight drug cartels in 2006, most of them blamed on criminal gangs.

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International

US panel backs Trump-themed coin amid controversy

The United States Department of the Treasury confirmed to AFP that the Commission of Fine Arts approved the design of a new collectible coin featuring Donald Trump, with members of the commission appointed by the current administration.

According to the proposal, the coin will feature an image of Trump standing with clenched fists over a desk on the obverse, while the reverse will display an eagle, a traditional symbol of the United States.

The sale price of the collectible has not yet been disclosed, although the United States Mint typically offers similar items for more than $1,000.

“There is no more iconic portrait for the front of these coins than that of our president Donald Trump,” U.S. Treasurer Brandon Beach said in a statement sent to AFP. He added that two additional coins — a $1 piece and a one-ounce gold coin — are also under consideration.

However, the Citizens Coinage Advisory Committee (CCAC), another body responsible for reviewing new coin proposals, declined to discuss the Trump design in late February.

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“Only nations governed by kings or dictators place the image of a sitting leader on their currency,” said Donald Scarinciat the time. “No country in the world has minted coins featuring a democratically elected leader during their term in office,” he added.

When contacted by AFP, the Treasury Department did not immediately respond to requests for further comment.

International

Fed’s Waller warns of rising inflation risks amid Middle East conflict

Christopher Waller, a governor at the Federal Reserve, said Friday that he is increasingly concerned about the inflationary impact of the ongoing conflict involving United States and Israel against Iran, particularly due to the prolonged closure of the Strait of Hormuz.

Waller, who had supported interest rate cuts over the past year amid concerns about the labor market, said he has shifted his stance in recent weeks due to rising inflation risks.

“Since the Strait of Hormuz was closed, it suggests this conflict could be much more prolonged and that oil prices will remain elevated for longer,” Waller said in an interview with CNBC.

“Therefore, this indicates that inflation is a greater concern than I had previously assessed,” he added.

Waller also backed the Federal Reserve’s decision earlier this week to keep interest rates unchanged, signaling a more cautious approach as global geopolitical tensions continue to affect economic outlooks.

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International

Brazil offers to mediate Colombia-Ecuador tensions, calls for restraint

The government of Brazil has offered to mediate in the ongoing tensions between Colombia and Ecuador, while calling on both nations to exercise restraint.

In a statement released Wednesday, Brazil’s Ministry of Foreign Affairs urged the parties involved to act with moderation and seek a peaceful resolution to the dispute.

“Brazil encourages all sides to act with moderation in order to find a peaceful solution to the controversy. It stands ready to support dialogue efforts aimed at preserving peace and security in the region,” the statement said.

Brazil also expressed “serious concern” over reports of deaths in the border area between Colombia and Ecuador, noting that the circumstances surrounding the incidents have not yet been clarified.

The diplomatic move comes amid rising tensions between the neighboring countries, increasing regional concern over stability and security along their shared border.