INR | AMERICAS : Weekly Updates

Ecopetrol Negotiates $3.6 Billion CrownRock Stake Acquisition from Occidental

1. Ecopetrol is negotiating with Occidental but details remain undisclosed.

2. Occidental anticipates a $3.6 billion deal with standard adjustments.

3. If no deal, Ecopetrol can choose a 49% indirect stake.

Read more at: https://www.reuters.com/business/energy/colombias-ecopetrol-talks-buy-crownrock-stake-occidental-2024-07-19/ 

Global Tech Outage Disrupts Canadian Health Infrastructure

1. Global tech outage disrupts Canadian healthcare; government is assisting.

2. Holland says Canada is monitoring and addressing the IT outage.

Read more at: https://www.reuters.com/technology/global-tech-outage-creates-challenges-canadian-health-infrastructure-2024-07-19/

Mexican President to Address Migration and Economic Ties with Trump

1. Mexican President to write Trump about migration and economic integration.

2. Lopez Obrador criticized Trump, calling him poorly informed in briefing.

Read more at: https://www.reuters.com/world/americas/mexican-president-send-letter-donald-trump-about-migration-economic-links-2024-07-19/ 

Canada's Armed Forces Welcomes First Female Commander

1. General Jennie Carignan becomes Canada’s first female chief of defense.

2. Carignan, a military engineer, led troops in multiple conflict zones.

3. Carignan feels ready and supported to tackle the challenge ahead.

Read more at: https://www.reuters.com/world/americas/first-woman-lead-canadas-armed-forces-takes-command-2024-07-18/ 

Peru Extends Detention of Former President Castillo Before Trial

1. Peru extends Castillo's pre-trial detention by 18 months amid investigation.

2. The extension adds four months to June's 14-month term.

Read more at: https://www.reuters.com/world/americas/peru-extends-pre-trial-detention-former-president-castillo-2024-07-18/ 

News bits drafted by: 

Manjyot Kaur (BA IR 2nd year) ,

Gowry Krishna (BA IR 3rd year)

Collected and published by: Varsha Das (BA IR 2nd year)