The Washington State Investment Board, which oversees $141.8 billion for 17 state retirement plans, can move forward with a lawsuit that seeks to recover millions of dollars from a soured investment in a Brazilian conglomerate that was discovered to be engaged in an international bribery scandal of unprecedented scale.
Mexican billionaire Carlos Slim said on Wednesday that the private sector would step in to help finance ambitious infrastructure projects in Mexico so as long as public finances are healthy and inflation is under control.