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Economy & Business - June 2009 (ISSN 1741-7430)
DEBT: Ecuador clears "illegal" debts
On 11 June the government announced that it had
cleared 91% of its 2012 and 2030 bonds. This was much better than most analysts
had expected. Investors took a payment of up to 35% of face value for these
debts.
- Is Latin America about to go backwards?
- Whacked
- Getting worse
- Consumers do their bit
- ARGENTINA: Recession looms
- CHILE: Pump- priming stepped up
- BOLIVIA: The two sides of jobs
- PARAGUAY: Economy heads down
- URUGUAY: Bank cuts rates
- ECUADOR: Oil spend slows
- PERU: Problems
- VENEZUELA:Inflation tumbles
- TOBACCO: Paraguay the illegal-cigarette manufacturing capital of the world
- MINING: What is going on at Doe Run?
- ARGENTINA: The drought shrivels exports
- COSTA RICA: World Bank deal
- CUBA: Braced for the worst
- DOMINICAN REPUBLIC: Growing discretion
- EL SALVADOR: Problems
- GUATEMALA: Exports hold up
- HONDURAS Worries about the deficit
- NICARAGUA: Some growth
- PANAMA: Economy slows
- MEXICO: Rethinking Punta Colonet
- FOREIGN INVESTMENT: Ecuador to withdraw from ICSID
- DEBT: Ecuador clears "illegal" debts