MEXICO

Banco Santander's announcement that it would be spinning off nearly one quarter of its Mexican unit in an initial public offering later this month was greeted by the markets as a seemingly win-win-win proposition. But the move by the large Spanish bank on

Is Santander's Mexican IPO The Death Of 'Goose' That Lays Golden Eggs?

Banco Santander's announcement that it would be spinning off nearly one quarter of its Mexican unit in an initial public offering later this month was greeted by the markets as a seemingly win-win-win proposition. But the move by the large Spanish bank only highlights the increased dependence Iberian banks have had on their overseas branches over the past few years and how, in an effort to now package off those units and sell them, they could be killing the hen that's been laying the golde...
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Hurricane Isaac Aug. 29. 2012

Hurricane Isaac: Levees Topped South Of New Orleans

As Hurricane Isaac made its second landfall Wednesday morning at Port Fourchon, La., officials in Plaquemines Parish just south of New Orleans are reporting flooding as deep as 12 feet in some areas that has stranded residents.
Tennesseans Justin and Kayla Franklin walk in the rain in Key West as Tropical Storm Isaac moves over the Floridian island Sunday.

About 24% Of Gulf Of Mexico's Oil Output Cut By Tropical Storm Isaac

With the approach of Tropical Storm Isaac in the Gulf of Mexico, about 24.2 percent of the gulf's daily oil production and about 8.2 percent of its daily natural-gas production has been shut-in, according to estimates of the U.S. Interior Department's Bureau of Safety and Environmental Enforcement.
Storm Isaac - Haiti

Isaac Advances On Florida Keys; Nears Hurricane Force

Tropical Storm Isaac approached hurricane strength as descended on the Florida Keys Sunday, and forecasters warned it could become a dangerous Category 2 hurricane on an expected track toward the northern Gulf Coast.
Tropical Storm Isaac Gathers Strength As It Heads Toward Florida

Haiti Slammed By Tropical Storm Isaac

Tropical Storm Isaac battered southern Haiti on Saturday, drenching the storm-prone island's capital of Port-au-Prince and leaving at least three people dead.

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