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Other Sovereigns Unlikely to Follow Ecuador

Dec 16, 2008

Despite concerns that an Ecuador default sets a dangerous precedent for other sovereigns whose willingness rather that ability to pay is in question, analysts do not expect others to follow. “Investors will remain largely unconcerned about default risk in Brazil, Chile, Colombia, Mexico and Peru. Investors will likely continue to worry about...

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It’s going to be a tough road for [Maduro]. Given the blow to Chavismo with the death of Chavez, there is a real likelihood of some form of real change in Venezuela.

Kathryn Rooney Vera, Bulltick Capital Markets


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