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Government launches public securities exchange

CARACAS | The Venezuelan government has launched a new public securities exchange.

It has begun operating with corporate bonds issued by the Venezuela-based subsidiary of Japanese carmaker Toyota and the local company Envases Venezolanos.

The Bicentennial Public Securities Exchange will compete with the privately run Caracas Stock Exchange.

Trading in the private stock exchange has dwindled after President Hugo Chavez nationalized some companies that traded shares, and has been nearly paralyzed since securities regulators took over management of 47 brokerage companies last year.

Planning and Finance Minister Jorge Giordani visited the new public securities exchange in Caracas on Monday for its official launch.


$658,000 reward for massacre suspects

MEXICO CITY | Mexican prosecutors are offering $658,000 for information leading to the capture of two suspects in the massacre of 72 illegal Central and South American migrants.

Authorities already have arrested eight people in the mass killings in August at a ranch in the northern border state of Tamaulipas.

But the large amount offered for two suspects known by the nicknames “The Coyote” and “The Scorpion” suggests they may have been the ringleaders.

The Attorney General’s Office announced the reward Monday along with a separate bounty of $411,000 for a third suspect.

Authorities blame the Zetas cartel for the killings. A survivor told police that gunmen shot the migrants after they refused to work for the gang.

From wire dispatches and staff reports