NewsWhore
05-11-2009, 01:10 PM
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Ecuador Bank Lending Falls as Default Sparks Outflows (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Da0wGYglwkERg%26refer%3Dnews&cid=0&ei=L14ISpu3JMigmAe0wLjwBg&usg=AFQjCNGAJo70rxWE6cAidoqX84kAD9ePOA)
Bloomberg
A 30 percent tumble in the central bank's foreign reserves since the December default is draining the money supply because the oil-exporting country uses the dollar as its currency. The lending decline is deepening the economic slump and adding to ...
More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Da0wGYglwkERg%26refer%3Dnews&cid=0&ei=L14ISpu3JMigmAe0wLjwBg&usg=AFQjCNGAJo70rxWE6cAidoqX84kAD9ePOA)
Ecuador Bank Lending Falls as Default Sparks Outflows (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Da0wGYglwkERg%26refer%3Dnews&cid=0&ei=L14ISpu3JMigmAe0wLjwBg&usg=AFQjCNGAJo70rxWE6cAidoqX84kAD9ePOA)
Bloomberg
A 30 percent tumble in the central bank's foreign reserves since the December default is draining the money supply because the oil-exporting country uses the dollar as its currency. The lending decline is deepening the economic slump and adding to ...
More... (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Da0wGYglwkERg%26refer%3Dnews&cid=0&ei=L14ISpu3JMigmAe0wLjwBg&usg=AFQjCNGAJo70rxWE6cAidoqX84kAD9ePOA)