A North Korean ship was found carrying "undeclared weapons of war" by Panamanian authorities.
South/Central America
The Dominican Republic's Orange is considering selling stakes to offload debt
Orange has announced that it is considering the sale of shares to improve its capital structure. Orange, originally known as France Telecom, announced that it is now considering selling its operations in the Dominican Republic.
AMCON hires Vevita and Citigroup for bank sale
AMCON hired Citigroup and Vevita Capital to handle the sale of three banks owned by Nigeria. The Asset Management Company of Nigeria (AMCON) hired Vetiva Capital, an Africa-focused investment bank and Citigroup to manage the sale of three banks owned by Nigeria.
San Gold acquires 100% interest in Wildcat Exploration mineral claims
San Gold Corporation announced that they were able to acquire a 100% interest in mineral claims owned by Wildcat Exploration Ltd.
Almalden Minerals acquires funding through private placement
Almalden Minerals Ltd announced that were able to raise US$16.9 million from their non brokered private placement
Latest News
Chevron announced the signing of an investment agreement with Argentina's YPF. Chevron announced that they have signed an agreement with Argentina's YPF (Yacimientos Petrolíferos Fiscales).
Oi SA would sell its undersea cables and towers worth US$1 billion so that it could reinforce the funding for the company.
According to a source, the sale of ThyssenKrupp's Brazilian steel mill was not imminent. The intended sale of the steel mill of ThyssenKrupp in Brazil was unlikely to transpire right away, a source familiar with the transaction said.
Barrick temporarily stopped the construction of the controversial Pascua-Lama gold mine project due to a court suspension issued last Monday.
According to sources, signing and enactment of Colombian pension fund decree may be delayed. Colombia's Finance Minister, Mauricio Cerdenas, may announce that the signing of the pension fund decree could be delayed, according to high-level government and industry sources.
According to the Argentine central bank, the Evita bank notes are legal tender. The Argentine central bank said in a statement this week that "The 100-peso bills with the image of Maria Eva Duarte de Peron are legal tender and must be accepted by all retailers and financial institutions.
Latin American currencies low as investors waited for results of Fed's meeting. Latin American currencies changed little last Tuesday as investors waited for the results of the US Federal Reserve's latest meeting.
Mexican airport operator Grupo Aeroportuario del Centro Norte said on Monday that it has decided to re-launch a previously postponed initial offering.
ITA Cayman Holdings Ltd announced its agreement to buy Standard Chartered Trust (Cayman) Limited as it expands its business and increase presence in the Latin America market.
