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Daily Brief

Dec 28, 2006 Issue

Argentina Welcomes Structured Film Financing

Argentina

Structured film financing looks set to become a reality later this year in Argentina, according to reports in the local media. The country's vibrant domestic film industr...

Ashmore Takes Control Of Promigas

Colombia

International investment fund Ashmore, based in London, has taken control of Colombian natural gas distribution company Promigas after increasing its 33% stake to almost ...

Codensa To Issue $292 Million Bonds

Colombia

Electricity distributor Codensa, the Colombian subsidiary of Spanish utility Endesa, is to issue $292 million worth of local bonds (650 billion pesos). Codensa is Colombi...

Correa Finalizes Team

Andean

President-elect of Ecuador, Rafael Correa, is finalizing his team ahead of taking power on January 15. On Wednesday he announced the appointment of Guadalupe Larriva as m...

Fitch Affirms IPAB Ratings

Mexico

Ratings agency Fitch has affirmed its ratings of Mexico's deposit insurance fund, IPAB, as follows: local currency long-term Issuer Default Rating (IDR) at BBB+; national...

Paraguay To Analyze Public Companies

The Paraguayan government has set up a supervisory board in charge of public companies to help analyze the financial state of the country's state-run concerns and decide ...

Record Exports For Chile

Chile

Chile expects to have exported $68 billion worth of goods and services this year, a record value according to the country's finance minister Andrés Velasco. The figure pr...

Sempra Energy To Sell Argentine Assets

Argentina

Sempra Energy, the San Diego-based US utility, announced Wednesday it has decided to sell its interests in two Argentine natural gas distribution companies. Sempra owns 3...