RE:RE:PIFThis is the obvious concern. The market may well be discounting PIF in proportion with the amount of turmoil 'reported' in latin america.
However, this is not a new concern, and, if anything, PIF has diversified, and continues to diversify, and the political instability where they operate does not seem to have affected their results thus far. I'm not saying their facilities could never be affected, but they are producing a necessity, and their product is not easily stolen.
I suppose a possible concern would be nationalization of utilities by a dictatorial government, but that would necessitate a dictatorial government with enough structure and support to take over and run the show, like Cuba did. However, Cuba had an anti-imperial agenda with significant support. Many of the present-day messes in latin america/caribbean seem more driven by drug cartels and chaos, rather than a yearning for political change.
Sorry, I"m rambling. But I'd love to hear opinions on this.