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Ecuador Upgraded, Faces Financing Block

Jun 16, 2009

S&P has upgraded Ecuador’s long-term sovereign credit rating to CCC+ from SD, after the sovereign announced that its reverse Dutch auction has had a preliminary 91% overall acceptance rate. The outlook...

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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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