Emerginvest
12-16-2008, 04:22 AM
Last Friday, the president of Ecuador announced that the country would be defaulting on some of its foreign debt – specifically on its December 15th payment. A MarketWatch article entitled: “Ecuador Defaults on its Foreign Debt,” states that “Correa said Friday that the Andean country will not pay a $31 million coupon on the 2012 [...]
complete article here... (http://blog.emerginvest.com/emerging-market-highlights-ecuador-latin-america-and-the-russian-ruble/)
complete article here... (http://blog.emerginvest.com/emerging-market-highlights-ecuador-latin-america-and-the-russian-ruble/)