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Weekly Report - 18 June 2009 (WR-09-24)
ECUADOR: Correa asserts independence
President Rafael Correa announced last week that 91% of bondholders
had agreed to a government buyback offer for Global 2012 and 2030 bonds for
substantially less than their face value. Days later he revealed that the
interim congress had, at his behest, voted for Ecuador to leave the World Bank's
International Centre for the Settlement of Investment Disputes (Icsid). Both
moves are part of the government's strategy of reducing its dependence on
foreign entities and increasing state autonomy.
- Enríquez-Ominami seeks to break Chile's political duopoly
- BRAZIL: Scandal implicates PMDB caciques in senate
- ARGENTINA: Kirchner lacerates "pro-opposition" media
- TRACKING TRENDS
- Paraguayans begin to lose patience with Lugo
- Quotes of the Week
- PERU: Big U-turn as Simon reveals he will resign
- BOLIVIA: Nationalisation process under further scrutiny
- VENEZUELA: Chávez takes fight to opposition governors
- ECUADOR: Correa asserts independence
- TRACKING TRENDS
- MEXICO: Void-vote campaign gathers strength
- TRACKING TRENDS
- NICARAGUA: US cuts MCC aid; Venezuela to the rescue?
- TRACKING TRENDS