Latin America Archives - Spark Newswire

2 minute read

Milei’s Triumph Triggers Argentine ETF’s Bull Market: High Stakes In Upcoming Washington Talks

November 27, 6:16 PM

Argentine stocks in Global X MSCI Argentina ETF surged by over 20% following Andrei Milei's win in presidential election. Meetings in Washington D.C. to discuss potential synergies with US, IMF, and World Bank to aid economic recovery.

ARGT

3 minute read

Milei’s Election Win Fuels Major Gains in Argentine ADRs, ETFs: ‘There Is No Free Lunch,’ Analysts Say

By Piero Cingari

November 20, 10:45 AM

Javier Milei‘s victory in Argentina’s presidential election sparked a rally in Argentine ADRs trading on major U.S. stock exchanges.

$USDT

2 minute read

Bad Bunny Makes History As Spotify’s Most-Streamed Album Of 2023 (So Far)

By Franca Quarneti

October 18, 3:52 PM

Latin music sensation Bad Bunny achieved a remarkable milestone by breaking the Spotify record for the most-streamed album in a single day on Oct. 13, 2023.

SPOT

2 minute read

Could Bitcoin Be Involved? El Salvador’s Nayib Bukele Joins Forces With Google Cloud

By Mehab Qureshi

September 1, 6:30 AM

Alphabet Inc's Google (NASDAQ:GOOGL) on Wednesday said it will expand its Cloud operations into the Central American country El Salvador, which stands as the only nation to fully legalize Bitcoin (CRYPTO:

BTC

2 minute read

USDC Stablecoin To Save Chilean Economy From Inflation?

By Murtuza Merchant

August 29, 5:25 PM

Circle (CRYPTO: USDC) unveiled a new partnership with Mercado Pago, a leading payment platform in Latin America, to bring the USDC stablecoin to Chilean customers. This move is particularly significant given Chile's current economic hurdles and rising inflation.

USDC

2 minute read

After China’s G7 Challenge, BRICS Bank Eyes Cutting Dollar Reliance With South African, Brazilian Currency Loans

By Ramakrishnan M

August 22, 5:42 AM

The NDB emphasized that this initiative seeks to mitigate exchange rate risks and the impact of U.S. interest rate fluctuations.

UUP

2 minute read

El Salvador’s Bitcoin Bet Pays Off As Bonds Skyrocket With 70% Returns

By Murtuza Merchant

August 16, 11:39 AM

El Salvador president Nayib Bukele's embracing of Bitcoin (CRYPTO: BTC) was initially met with skepticism on Wall Street.

BTC

2 minute read

MercadoLibre’s Financial Architect Steps Down After 24 Years

By Jose Rodrigo Safdiye

August 11, 5:08 PM

MercadoLibre Inc (NASDAQ: MELI), the e-commerce titan of Latin America, announced the departure of chief financial officer Pedro Arnt, as reported by

MELI

2 minute read

Global Markets Today While US Was Sleeping

By Akanksha Bakshi

July 18, 6:40 AM

On Monday, July 17, Wall Street closed higher ahead of the busy earnings week, reflecting gains in financial and technology shares. The Dow Jones Industrial Average ended Monday’s session 0.22% higher at 34,585.35; the S&P 500 gained 0.39% to 4,522.79; and the Nasdaq Composite rose by 0.93% to close at 14,244.95.

EEMA

2 minute read

Fiesta Time: Mexican Stocks Topple 2014 Highs And Peso Soars To Best Level Since 2015

By Piero Cingari

July 14, 4:27 PM

The fortunes of Mexican assets have taken a remarkable turn, with both the equity market and the currency…

AMX