around but detecting nothing unusual, he carefully extracted the note and unfurled it, reading the few words before nodding and pushing to his feet.

He took his beer and walked to the water’s edge, where the gentle lapping of the surf was almost lake-like in its lack of intensity, and began walking towards the town a mile or so away. Three minutes later, a fishing panga pulled up a few yards from him, beaching its bow in the wet sand, and the pilot gestured to Aranas to climb aboard. Once he had scowlingly done so, the boat backed off the beach, its engine frothing from the reverse thrust before it cut around in a circle and headed towards the open ocean, rapidly becoming invisible in the moonless night.

“Sorry for the drama, but I didn’t like the looks of the scopes trained on you from the hotel. I thought I was clear about this,” El Rey said, throttling back the large outboard when they were nine hundred yards from shore.

Aranas studied the man’s dim outline at the stern, a baseball cap pulled down low over his brow and a week-old beard masking most of his lower face. He was completely unremarkable, which Aranas supposed was the point. He noted the night vision scope on the bench next to him, along with a black waterproof nylon bag that was ominously long.

“My security head wanted some options if you gunned me down on the beach,” Aranas replied, shrugging.

“Out of courtesy, I didn’t kill the snipers, however I’d prefer if we could operate with a little more trust. I’ve done work for you before, always satisfactorily, so you should have no reason to doubt me,” El Rey said.

“Fair enough.”

“Now that you have me here, what is this situation that requires me to come out of retirement? And why will nobody but me suffice, out of all the available contractors in the world?”

“Can’t you guess?”

“For twenty million, of course I can. But I didn’t fly halfway around the world to speculate. We have five minutes before I drop you off over at the malecon in town. It would be a more productive use of both our time if you simply told me what’s required,” El Rey said reasonably, his soft voice barely audible over the burbling of the outboard.

“The president has decided to renege on our arrangement. We had agreed before he was elected that we would continue to receive a certain preference, as with his predecessor, but once he was elected he seemed to forget who put him in office, and has been favoring interests that are hostile to mine. That is a material breach of our agreement, and it cannot be allowed to stand,” Aranas explained. “If you follow the news, you’ll see that quite a few of my group’s shipments have been apprehended lately, whereas my adversaries, the Zetas and the Jalisco cartels, are enjoying an almost magical bout of good fortune. I suspect they made El Presidente a better offer, but that’s not how these things are supposed to work. You keep your side of the bargain when you make a deal with me. He has reneged, and I need you to extract an appropriate penalty.”

“You want me to execute the president of Mexico,” El Rey said dispassionately. “Do you agree to my fee?”

“I do. I believe on our last contracts you received half in advance and half upon successful completion of the sanction.”

“Yes, however this requires that I come out of retirement and pull off something extraordinary with the security forces on high alert. I saw the botched attempt in Tampico. I will require fifteen million dollars in advance, and five upon successful completion of the hit. In return, our president will be dead within sixty days — no later. At that point our business is concluded, and I will be in permanent retirement. Is that acceptable?” El Rey offered, not so much asking as stating.

Aranas smoothed his hair where the light breeze off the ocean had ruffled it.

“I can wire transfer fifteen million tomorrow to any account you want, anywhere in the world. Alternatively, I can arrange for you to receive it in cash, or in gold. Your preference. Just make sure you take the miserable shit-rat out — no mistakes or excuses,” Aranas warned.

“I will call you tomorrow morning with wire routing instructions. I would prefer Swiss francs, if that is acceptable? I’m sure you have the ability to convert before you transfer. And don’t worry, I will keep my end of the bargain. He will be dead inside of two months.”

El Rey throttled up the motor and swung the boat back in the direction of the harbor, cutting through the small waves effortlessly at high speed. It was impossible to carry on any further conversation due to the wind and engine noise. Which was fine. There was nothing more to say.

The boat pulled up onto the beach in front of a string of open air seafood restaurants, and Aranas climbed over the bow and hopped agilely onto the sand.

“I’ll await your call,” he said, and the assassin nodded before gunning the motor and heading back to the dark waters of the open sea. Aranas watched as he disappeared and nodded to himself. If anyone could pull off this hit, it was El Rey.

Aranas fished his cell phone from his shirt pocket and noted that he had sixteen messages. He’d felt it vibrating nonstop in the boat, but part of his arrangement with the assassin was no phone calls, so he’d erred on the side of discretion. It was bad enough the man had spotted the two jackasses with the rifles — two of his very best men. He hadn’t wanted to show any further bad faith.

Aranas punched the redial button and issued terse instructions. He wanted to be in the air within half an hour. His chartered jet was sitting at the airport, waiting for him and his security detail. He’d had about enough of this little fishing hamlet, between the beach and the boat ride.

After tossing his empty Bohemia bottle in a gray plastic trash receptacle, he moved up the shore towards the waterfront walkway, confident that his men would be there within a few minutes.

A group of five drunken gringos staggered past him, laughing loudly at some private joke as they moved down the strand in search of a party. Aranas eyed the two leggy teenage blondes, wearing miniskirts so short that they more resembled Tshirts than dresses, cackling with glee as they passed a fedora back and forth, their boyfriends’ expressions already tequila-glazed. Ah, youth. It was wasted on the young.

Aranas ambled past the boat ramp and towards the pedestrian shopping area that was closing down for the night. As he trudged along, he reflected on his brief meeting with the assassin, the ephemeral El Rey, seemingly more phantom than human, judging by his miraculous string of successful executions. Twenty million dollars was a lot of money, but Aranas wasn’t in a bargain-hunting mood, and in the scheme of things, it was loose change to the cartel kingpin. El Rey was absolutely correct in his assessment of the current situation — the disastrous attack on the motorcade had served to escalate the conflict, and now the president’s security forces were in a state of agitated high alert. Meanwhile, every day, shipments worth many times the twenty million were in jeopardy due to the law enforcement focus on his cartel.

The man was right. It would require a small miracle to pull the hit off successfully. And these days, miracles cost.

It would be money well spent, of that he was sure.

Aranas spotted the two silver Suburbans his men had rented pulling along the beach drive and hiked in their direction. The assassin’s reputation and legacy of kills notwithstanding, Aranas was certain of one thing after their brief encounter.

He was very glad that El Rey wasn’t targeting him.

The following morning, a young man with almost impossibly attractive features lounged by the pool at a private beachfront villa in Ixtapa, taking in the breathtaking beauty of the pristine ocean while munching contentedly on a fruit plate. A porter in white linen stood a discreet distance away in the shade of the house, sensitive to the slightest indication that the guest required anything at all.

El Rey tapped a few keys on his laptop computer and then reached over to the small marble table for a wireless headset. He placed the fruit on the ground next to him and waved the man off — he needed privacy for the call he was about to make. The attendant bowed and scurried into the house, leaving the area empty except for a brave herring gull that had landed, eyeing the pool curiously.

After another series of keystrokes, the young man heard a distinctive ringing in the headset, followed by a

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