Mexican Peso Depreciates as Market Awaits Inflation Data from Mexico and the U.S. The Mexican peso experienced a depreciation against the U.S. dollar early Tuesday, marking its second consecutive session in decline. The currency's dip is largely attributed to investor anticipation of upcoming inflation reports from both Mexico and the United States, which are expected to influence monetary policy decisions in the near term. At the latest spot…
New Mayor of Puerto Vallarta Uncovers 400 Million Pesos of Hidden Debt Not Reported by Previous Administration Puerto Vallarta, Mexico — The new administration in Puerto Vallarta, led by Mayor Luis Ernesto Munguía González, is facing a significant fiscal challenge left by the previous municipal government. According to preliminary reports, the former administration may have left a public debt of between 350 and 400 million pesos, contradicting earlier assurances of a zero-debt…
Heavy Rains Prompt Puerto Vallarta Authorities to Issue Advisories Puerto Vallarta, Jalisco – Due to recent meteorological disturbances and the potential for heavy rains along the Pacific coast, Civil Protection authorities in Puerto Vallarta, under the leadership of Mayor Luis Munguía, are urging the public to adhere strictly to preventive measures to safeguard lives and property. The Municipal Civil Protection Council, which includes representatives…
Damage Reported in Puerto Vallarta After Sunday Night Storm Puerto Vallarta, Mexico - A strong storm that swept through Puerto Vallarta from Sunday night into early Monday morning brought heavy rainfall, causing minor damages and temporary road closures across the city, according to the Puerto Vallarta Civil Protection and Fire Department (PCBPV). The storm, which recorded up to 85 liters per square meter in…
Puerto Vallarta’s Gaviotas Restaurant Wins 2024 World Culinary Award Puerto Vallarta, Mexico – October 7, 2024 – The acclaimed Gaviotas restaurant at the Sheraton Buganvilias Resort & Convention Center in Puerto Vallarta has been recognized with the 2024 World Culinary Award for Best Fine Dining Hotel Restaurant in Latin America. Known for its dedication to excellence in cuisine and service, Gaviotas proudly adds this…
Puerto Vallarta Airport Sees 5.1% Decline in Air Traffic Amid Broader Regional Downtrend Puerto Vallarta, Mexico - Passenger traffic at Puerto Vallarta International Airport took a notable dip in September, recording a 5.1% decline compared to the same month in 2023, as reported by Grupo Aeroportuario del Pacífico (GAP). This contraction marks a pronounced shift during what is typically the low season, reflecting the broader downward trend seen…
Hurricane Milton Reaches Category 5, Spurring Alerts for Mexico’s Yucatán Peninsula As tropical cyclone season reaches its peak, Hurricane Milton has intensified rapidly, now classified as a Category 5 storm. The hurricane, located in the Gulf of Mexico, is affecting the Yucatán Peninsula and the southern United States, bringing heightened alerts across the region. According to the latest reports from the National Meteorological Service (SMN) and…
Potential Tropical Cyclone Near Jalisco Coast Gains Strength Puerto Vallarta, Mexico - A potential tropical cyclone has been identified off Mexico's Pacific coast, intensifying as it moves slowly west-northwest, according to a report from the National Water Commission (Conagua). Currently situated approximately 185 kilometers southwest of Zihuatanejo, Guerrero, this low-pressure zone has prompted concern as it shows a 40% chance of developing into…
Puerto Vallarta Will Celebrate Day of the Dead Again With The World’s Largest Catrina Puerto Vallarta, Jalisco - The Day of the Dead celebration in Puerto Vallarta, known for its vibrant parade, elaborate altars, and monumental Catrina statues, has become a significant cultural event, drawing both local participants and international visitors. “We are going to activate the festival,” Mayor Munguía affirmed. “From Muelle de Los Muertos to the Malecón,…
Mexican Peso Depreciates for Fourth Consecutive Session Amid Economic Uncertainty The Mexican peso continued its losing streak against the U.S. dollar on Thursday, marking its fourth consecutive session of depreciation amid investor anticipation surrounding the Bank of Mexico's latest policy minutes and recently released U.S. inflation data. As of Thursday morning, the peso's exchange rate stood at 19.5331 per dollar, marking a slight depreciation from…The Jalisco New Generation Cartel (CJNG) is a powerful criminal organization based in Mexico that has rapidly expanded its influence over the last decade. The group is known for its brutal tactics, including violence against civilians, police officers, and rival cartel members. The CJNG has been involved in drug trafficking, extortion, kidnapping, and other criminal activities. It has also been responsible for several high-profile attacks, including the downing of a Mexican military helicopter in 2015. The group’s leader, Nemesio Oseguera Cervantes, also known as “El Mencho,” is one of the most wanted drug lords in Mexico, and the CJNG is considered one of the most dangerous and powerful criminal organizations in the country.
The Cártel de Jalisco Nueva Generación, also known as CJNG, is one of the most powerful and violent criminal organizations in Mexico. It is a drug trafficking organization that operates primarily in the western states of Jalisco, Michoacán, and Colima, but also has a significant presence in other regions of Mexico, as well as in the United States and Europe.
The CJNG was formed in 2010 by a former member of the Sinaloa Cartel, Nemesio Oseguera Cervantes, also known as “El Mencho.” The group quickly gained notoriety for its extreme violence and ruthless tactics, including beheadings and mass killings. It has since become one of the most dominant drug cartels in Mexico, with a presence in nearly every state in the country.
The CJNG is involved in a wide range of criminal activities, including drug trafficking, extortion, kidnapping, and human trafficking. It is particularly known for its production and distribution of methamphetamine, which has become one of the most profitable illegal drugs in the world.
The CJNG has also become infamous for its attacks on Mexican law enforcement and military personnel. In recent years, it has targeted police stations and military convoys, killing dozens of officers and soldiers. The group has even used rocket launchers and other heavy weaponry in its attacks, demonstrating a level of sophistication and firepower that is rare among Mexican criminal organizations.
Despite its brutal tactics, the CJNG has also tried to portray itself as a Robin Hood-like organization that helps the poor and fights corruption. It has even claimed responsibility for providing aid to communities affected by natural disasters, such as earthquakes and hurricanes.
The CJNG’s rise to power has been aided by its ability to recruit members from all levels of Mexican society, including former police officers, military personnel, and politicians. It has also formed alliances with other criminal organizations in Mexico and abroad, including the Los Zetas cartel and the Italian mafia.
The Mexican government has launched several operations to try to dismantle the CJNG, but the cartel has proven to be incredibly resilient. It continues to operate with impunity in many parts of Mexico, and its influence is felt throughout the country. The CJNG’s ongoing presence is a testament to the challenges that Mexico faces in its battle against drug trafficking and organized crime.
