PDA

View Full Version : Ecuador May Be Forced to Scrap Dollar After Default - Bloomberg



NewsWhore
12-17-2008, 09:10 AM
<img alt="" height="1" width="1">
Ecuador May Be Forced to Scrap Dollar After Default (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaoIiSNTtzPAQ%26refer%3Dlatin_america&cid=0&ei=hAhJSaLGKpjI9ASlqb24DQ&usg=AFQjCNFvf9ZGOkaOjTCX2nKY5RalLzek1g)
Bloomberg - 18 minutes ago
He predicts Correa will reinstitute a local currency within one to two years. “If you can’t grow credit, you can’t grow your economy,” Bernal said. ...


More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaoIiSNTtzPAQ%26refer%3Dlatin_america&cid=0&ei=hAhJSaLGKpjI9ASlqb24DQ&usg=AFQjCNFvf9ZGOkaOjTCX2nKY5RalLzek1g)