The Rangers signed Venezuelan lefthander Vicente Escobar, a cousin of Brewers shortstop Alcides Escobar, for $350,000.
Here is a brief scouting report from BA:
The Red Sox have also been strongly linked to 6-foot-2 pitcher Vicente Escobar, though the Indians have also been mentioned. Some scouts have never heard of Escobar, who lives in Barquisimeto, Venezuela, but those who have seen him in the past say he's pitched regularly at 89 mph, touching 90-91.
"The body is kind of iffy," said one scout. "He's got a good arm, but you just don't know how big he's going to get. He's a guy who's high on some people's lists."
Not really a lot on him, but this is the first I've seen about any new international signings.
Here is the link announcing the signing.