NewsWhore
03-16-2009, 05:10 PM
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Ecuador’s Foreign Reserves Drop to Lowest in Almost Two Years (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DazT18skmaWzI%26refer%3Dnews&cid=0&ei=IMG-Sf28NZfCMeSK1f4J&usg=AFQjCNHJGxNJTuayCP5cxilzpp3Sl5wBHw)
Bloomberg
... for the country’s oil exports and President Rafael Correa defaulted on some foreign bonds in December, saying the debt was “illegal” and “illegitimate.” Ecuador uses the dollar as its currency, making its money supply dependent on dollar inflows.
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%3DazT18skmaWzI%26refer%3Dnews&cid=0&ei=IMG-Sf28NZfCMeSK1f4J&usg=AFQjCNHJGxNJTuayCP5cxilzpp3Sl5wBHw)
Ecuador’s Foreign Reserves Drop to Lowest in Almost Two Years (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DazT18skmaWzI%26refer%3Dnews&cid=0&ei=IMG-Sf28NZfCMeSK1f4J&usg=AFQjCNHJGxNJTuayCP5cxilzpp3Sl5wBHw)
Bloomberg
... for the country’s oil exports and President Rafael Correa defaulted on some foreign bonds in December, saying the debt was “illegal” and “illegitimate.” Ecuador uses the dollar as its currency, making its money supply dependent on dollar inflows.
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%3DazT18skmaWzI%26refer%3Dnews&cid=0&ei=IMG-Sf28NZfCMeSK1f4J&usg=AFQjCNHJGxNJTuayCP5cxilzpp3Sl5wBHw)