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Javier Perez, Former UN Secretary-General, Passes Away At 100
Thursday, March 5, 2020 - 9:18am | 231The former Secretary-General of the United Nations Javier Perez de Cuellar died in Lima, Peru, on Wednesday. What Happened Perez de Cuellar, a centenarian, held the position of U.N. Secretary-General twice from 1982-1991. His terms saw the collapse of the Soviet Union and an era of renewed...
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McDonald's Franchisee Found Guilty For 'Very Serious' Safety Violations In Peru
Friday, December 27, 2019 - 3:39am | 289Mcdonald's Corp’s (NYSE: MCD) Latin America franchisee Arcos Dorados Holding Inc (NYSE: ARCO) could face a fine of $254,000 for violating local safety and health laws in Peru, according to Reuters. What Happened Arcos Dorados was found guilty of six “very serious”...
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New Report Claims Latin American Cannabis Markets Show No Signs Of Near-Term Development
Tuesday, September 17, 2019 - 9:00am | 798Market research and cannabis consultancy company Brightfield Group on Tuesday released a report analyzing the current state of the Latin American cannabis market. The report focuses on looking at each country’s legislation, to assess their potential consumer markets. Too Green For The Green...
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Major Earthquake Shakes Peru
Tuesday, May 28, 2019 - 11:26am | 317A magnitude-8 earthquake struck northern Peru's Amazon rainforest, in a powerful temblor that was felt across the region. No deaths were immediately reported in the quake, which struck at 2:41 a.m. on May 26. The U.S. Geological Survey reported its epicenter was 46 miles from the city of Lagunas...
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A Potential Peruvian Problem
Tuesday, December 18, 2018 - 2:18pm | 566Among developing economies, Peru often goes overlooked. The South American nation is just a scant percentage of the MSCI Emerging Markets Index and Latin American regional benchmarks, meaning investors looking for exposure to Peruvian stocks often turn to the iShares MSCI Peru ETF (NYSE: EPU). EPU...
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Peru ETF Shrugs Off Political Volatility
Thursday, January 11, 2018 - 12:40pm | 540The iShares MSCI Peru ETF (NYSE: EPU), the only U.S.-listed exchange traded fund dedicated to Peruvian equities, is up 3.2 percent to start 2018. That is an admirable showing when considering the country's recent bout of political volatility. After pardoning former President Alberto Fujimori...
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4 Lessons Latin American Startups Can Teach U.S. Businesses In The Trump Era
Thursday, March 16, 2017 - 5:08pm | 887Benzinga recently spoke with IguanaFix’s Matias Recchia. The co-founder and CEO of one of the most successful startups in Latin America discussed the challenges of building a successful business in the region; of servicing large-caps like Anheuser Busch Inbev NV (ADR) (NYSE: BUD), Starbucks...
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The Challenges Of Building A Successful Business In Latin America: Accomplished Entrepreneur Shares His Experience
Saturday, March 11, 2017 - 8:50pm | 1317IguanaFix is one of the most successful start-ups in Latin America, currently functioning in Argentina, Brazil and Mexico, the three largest markets in the region. The company operates a site and mobile app that connects customers with certified handymen-and-women, electricians, plumbers, painters...
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Exclusive: Leading Latin American Economist Shares Insights On Politics, Bonds, Mining & Stocks
Tuesday, October 4, 2016 - 6:50am | 652Benzinga recently had a chat with Diego Martinez Burzaco, Chief Economist at the world’s leading Spanish-language financial analysis firm, Inversor Global, an Agora Inc. partner. In this article, we will take a look at the expert’s comments on Latin American politics, potential...
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Unexpected Countries Could Rise As Latin America's New Mining Champions
Friday, September 23, 2016 - 2:56pm | 657After a two-year-long rut, the Latin American mining sector is finally staging a rebound. In a recent article, Mining.com’s Cecilia Jamasmie shared an interesting view regarding who the winners of this recovery will be, and it’s not the usual suspects but two rather embattled economies...
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Behind The LatAm ETF Resurgence
Friday, September 9, 2016 - 8:20am | 598After being drags on diversified emerging markets indexes and exchange-traded funds for several years, Latin American equities are leading this year's emerging markets resurgence. For example, several of this year's best-performing single-country ETFs are Latin America funds, a group that...
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Emerging Markets ETFs: A Rally With Legs
Tuesday, August 23, 2016 - 10:48am | 646The MSCI Emerging Markets Index is up 16.2 percent year-to-date, more than double the returns offered by the MSCI All-Country World Index. The widely followed developing markets benchmark is on pace for its best annual performance since 2012. Adding to the emerging markets ebullience is the fact of...
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Peruvian Persuasion: Why This ETF Is Soaring
Monday, August 22, 2016 - 9:42am | 569Once lagging Latin American stocks are primary drivers of this year's emerging markets resurgence. Just look at the Brazil- and Mexico-heavy iShares S&P Latin America 40 Index (ETF) (NYSE: ILF), which is up 39.1 percent year-to-date, or more than double the returns offered by the MSCI...
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Loving Latin America ETFs
Friday, June 17, 2016 - 8:33am | 538After a couple of years of dismal showings, Latin America exchange-traded funds are roaring back in 2016. For example, the iShares S&P Latin America 40 Index (ETF) (NYSE: ILF) is higher by nearly 15 percent year-to-date. At the country level, the iShares MSCI All Peru Capped Index Fund (NYSE:...
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Today's National ETF Movers Explained
Wednesday, June 15, 2016 - 3:10pm | 233Gainers Pakistan: Global XMSCI Pakistan ETF (NYSE: PAK) is up 5.67 percent after receiving MSCI's Emerging Markets Index approval. Peru: iShares MSCI All Peru Capped Index Fund(NYSE: EPU) is up 2.15 percent after Kuzynski won Peru's nail-biting election. Philippines: iShares MSCI Philippines...