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14
World Report - Latin America
JULY 2013
Capital raising and deal making in Mexico
Latham & Watkins hosted a half-day symposium last month in Mexico City on the current state of M&A and private equity in Mexico, as well as the US JOBS Act of 2012 and its impact on Mexican companies.
More than 120 attendees, including representatives from corporations, investment banks and private equity firms, heard from a group of expert panelists from Bloomberg, Credit Suisse, EMX Capital,
ExxonMobil Ventures México, Goldman Sachs, Infraestructura Energética Nova (IEnova), Latham & Watkins, Macquarie, Morgan Stanley and NYSE Euronext. The symposium concluded with a keynote panel featuring Tania Ortiz Mena, Vice President of External Affairs and Business Development, IEnova, which focused on reform and private investment in the Mexican energy and infrastructure sector.
Four South American countries to remove envoys from Europe
Brazil, Argentina, Venezuela and Uruguay have claimed an incident
involving
the Bolivian president’s aeroplane has ‘violated’ international law.
The plane was banned from European airspace after it was thought that Edward Snowden, the US fugitive, was onboard when it was returning from Russia,
The four South American countries have now said they will remove some of their envoys from Spain, Italy, Portugal and France.
According to the BBC, the Uruguayan foreign minister, Luis Almagro said at a summit that European Governments’ actions were
He continued: "The gravity of the situation - which is a typical
neo-colonial
practice - is an unusual, unfriendly and hostile act which violates human rights and affects the freedom of transit, displacement and immunity that is enjoyed by every head of state."
A North Korean ship has been seized by Panama for carrying ‘undeclared military cargo’.
Panamanian President, Ricardo Martinelli, said the ship was searched as it entered the Panama Canal, during which time the ship’s captain attempted suicide, a reaction which further sparked suspicion.
The President has told local media that the ship
contained what is
suspected to be ‘sophisticated missile equipment’ possibly hidden in large boxes of sugar.
The captain and crew have been detained until further notice.
North Korea is under a ban from exporting weapons except small arms under UN sanctions. If these objects are found to be military weapons, it will be in violation of these sanctions.
causing its journey to be diverted to Austria.
"groundless, discriminatory and arbitrary".
north Korean ship with 'military cargo' held by Panama