Mexico kills kingpin in drug war coup

GUADALAJARA, Mexico, (Reuters) – Mexican soldiers  shot and killed drug boss Ignacio “Nacho” Coronel yesterday,  the first major triumph this year for President Felipe  Calderon’s war against defiant drug cartels.

The Mexican army killed Coronel, a senior member of the  powerful Si-naloa cartel, as he exchanged fire with soldiers  during a raid of a wealthy residential area near Guadalajara in  western Mexico, officials said.

“Nacho Coronel tried to escape, wounding military personnel  … dying as fire was returned,” Edgar Villegas, a senior army  official, said during a news conference in Mexico City.

Coronel was known as the “King of Ice” for his  multimillion-dollar methamphetamine business and was a top lieutenant of Sinaloa leader Joaquin “Shorty” Guzman, Mexico’s  most wanted man.

He has been indicted in a Texas court for allegedly  smuggling tonnes of narcotics into the United States and Europe  since the early 1990s. The United States has offered up to $5  million for information leading to his capture.

Television images showed military helicopters flying over  normally quiet streets in the upscale residential area of  Zapopan as soldiers swarmed the area in search of Coronel.

The killing may provide a boost for Calderon, who has  staked his presidency on winning the military campaign he  launched against drug gangs in late 2006.

The conservative leader’s image has been stained by  spiraling violence across the country, and critics note that  drug bosses operate with virtual impunity.

But drug trade experts cautioned that the Sinaloa cartel,  like other drug cartels, is a sophisticated, highly organized  operation and was likely to bounce back quickly.

“This is going to have a temporary impact on the  methamphetamine market … but someone else is going to take  his place,” said security analyst Alberto Islas.

More than 26,000 people have died in drug violence across  Mexico over the past 3-1/2 years, making cartel activity in  Mexico a growing worry for the administration of U.S. President  Barack Obama and for some global investors and foreign  tourists.

Mexican security forces shot dead top drug lord Arturo  Beltran Leyva in December in Calderon’s biggest blow to date in  his war on drugs.