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Round zero makes Pemex competitive, say lawyers

Friday, 22 August

As Pemex’s winnings from round zero of Mexico’s energy reform are revealed and international oil companies weigh up all that is on offer in the upcoming round one tender, the chances of the next stage attracting US$50 billion of investment by 2018 are high, say lawyers.

Kirchner proposes debt swap; “long fight” ahead

Friday, 22 August

Argentine President Cristina Kirchner’s proposal for a voluntary debt swap to alleviate the country’s default has failed to stop sovereign bonds from sinking, leading the country into “uncertain territory”.

Eli Lilly accused of sham litigation in Brazil

Friday, 22 August

Brazil’s Administrative Council for Economic Defence (CADE) is seeking penalties against pharmaceutical company Eli Lilly after finding the company repeatedly filed lawsuits to prolong its monopoly of a cancer drug.

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