Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Banking Awards
    • Banking Innovation Awards
    • Digital Banking Awards
    • Finance Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    • Financial Awards
    • Private Banking Awards
    • Private Banking Innovation Awards
    • Retail Banking Awards
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >Trump announces new military coalition to 'eradicate cartels' in Western Hemisphere
    Finance

    Trump Announces New Military Coalition to 'eradicate Cartels' in Western Hemisphere

    Published by Global Banking & Finance Review®

    Posted on March 7, 2026

    1 min read

    Last updated: April 1, 2026

    Add as preferred source on Google
    Trump announces new military coalition to 'eradicate cartels' in Western Hemisphere - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Global Banking & Finance Awards 2026 — Now Open for Entries
    Tags:FinanceBankingMarkets

    Quick Summary

    On March 7, 2026, President Trump unveiled a new military coalition—the "Shield of the Americas"—with 17 Western Hemisphere nations to eradicate cartels via coordinated military action, intelligence-sharing, and regional operations.

    Global Banking & Finance Awards 2026 — Call for Entries

    Trump Forms 17-Nation Military Coalition to Fight Cartels in Western Hemisphere

    U.S. Announces International Military Alliance Against Cartels

    Coalition Details and Objectives

    Formation of the 17-Nation Alliance

    March 7 (Reuters) - U.S. President Donald Trump on Saturday announced a new military coalition to "eradicate cartels" in the Western Hemisphere and said 17 nations had formally entered the alliance.

    Reporting and Editorial Credits

    (Reporting by Nandita Bose; writing by Bhargav AcharyaEditing by Tomasz Janowski)

    References

    • Trump flexes American influence with Shield of the Americas Summit
    • U.S., Ecuadorian military operations in Ecuador target drug traffickers
    • Hegseth urges Latin American allies to go on offense against drug cartels

    Table of Contents

    • U.S. Announces International Military Alliance Against Cartels
    • Coalition Details and Objectives
    • Formation of the 17-Nation Alliance
    • Reporting and Editorial Credits

    Key Takeaways

    • •The “Shield of the Americas” coalition was established at a summit in Doral, Florida, consisting of 17 allied nations committing to joint action against narco‑terrorism across the Western Hemisphere. (axios.com)
    • •Recent operations include joint U.S.–Ecuador military missions targeting narco‑terrorist organizations, as part of a broader campaign under Operation Southern Spear that has seen over 40 strikes in maritime zones. (axios.com)

    Frequently Asked Questions about Trump announces new military coalition to 'eradicate cartels' in Western Hemisphere

    1What did President Trump announce regarding cartels?

    President Trump announced a new military coalition aimed at eradicating cartels in the Western Hemisphere.

    2How many nations have joined the new military coalition?

    A total of 17 nations have formally entered the alliance.

    3
  • •Defense Secretary Pete Hegseth urged regional governments to intensify offensive measures against cartels, warning the U.S. may act unilaterally if allies fail to cooperate. (apnews.com)
  • What is the main goal of the announced coalition?

    The primary goal is to eradicate cartel activity in the Western Hemisphere.

    4When was the coalition announcement made?

    The announcement was made on March 7.

    5Who reported and wrote this article?

    The report was by Nandita Bose, and the article was written by Bhargav Acharya.

    More from Finance

    Explore more articles in the Finance category

    Image for Carrefour reports weaker than expected first-quarter sales as Brazil slows
    Carrefour Reports Weaker Than Expected First-Quarter Sales as Brazil Slows
    Image for EU may let startups claim innovation benefits in M&A if Big Tech not involved
    EU May Let Startups Claim Innovation Benefits in M&A if Big Tech Not Involved
    Image for Exclusive-EU-funded agency working with Metalshub on European critical minerals trading platform
    Exclusive-EU-funded Agency Working With Metalshub on European Critical Minerals Trading Platform
    Image for Leader of Russia's Communists warns parliament of risk of revolution due to faltering economy
    Leader of Russia's Communists Warns Parliament of Risk of Revolution Due to Faltering Economy
    Image for Del Vecchio heir lines up banks for 10 billion euro loan to triple Delfin stake
    Del Vecchio Heir Lines up Banks for 10 Billion Euro Loan to Triple Delfin Stake
    Image for Switzerland softens proposed UBS capital rules but keeps key demand
    Switzerland Softens Proposed UBS Capital Rules but Keeps Key Demand
    Image for Traders place $430 million bet on lower oil price before Trump ceasefire extension
    Traders Place $430 Million Bet on Lower Oil Price Before Trump Ceasefire Extension
    Image for Italy is euro zone laggard on AI usage, official data shows
    Italy Is Euro Zone Laggard on AI Usage, Official Data Shows
    Image for Volvo Cars says demand for new EX60 electric SUV exceeds expectation
    Volvo Cars Says Demand for New EX60 Electric Suv Exceeds Expectation
    Image for UK's Intertek gets sweetened proposal from private equity firm EQT, FT reports
    UK's Intertek Gets Sweetened Proposal From Private Equity Firm Eqt, Ft Reports
    Image for EU to present fertiliser strategy on May 19 as Iran conflict raises costs
    EU to Present Fertiliser Strategy on May 19 as Iran Conflict Raises Costs
    Image for Waiting for 'safe and sustainable' strait crossings, top shipping execs say
    Waiting for 'safe and Sustainable' Strait Crossings, Top Shipping Execs Say
    View All Finance Posts
    Previous Finance PostItaly Defence Minister Urges Arms Industry to Speed up Production
    Next Finance PostEU Looks to Soften Energy Bill Pressures for Industry, Document Shows