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The U.S. Immigration and Customs Enforcement (ICE) detained Mexican businessman Carlos Federico Valenzuela Cadena on January 16 in Houston, Texas. The 63-year-old faces charges in Mexico for fraud, extortion, and organized crime tied to real estate scams in Nayarit. He will be extradited to face Mexican justice.

Reported by AI

Chilean businessman Fernando Larrain Peña, born on January 30, 1934, died this Sunday at age 91. Leader of the country's largest economic conglomerate in the 1980s alongside his brother-in-law Manuel Cruzat, his career involved controlling over 100 companies that were intervened after the 1982 crisis. His family retains control of LarrainVial, Chile's leading investment manager.

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