Correa, China y la Asamblea, afectados por el informe de la deuda

(Published originally in Mediato) El informe borrador –el cual aún no es concluyente– de la Contraloría sobre la deuda pública, presentado el 14 de marzo pasado, es un triunfo estratégico para el presidente Lenín Moreno. No solo permite responsabilizar al expresidente Rafael Correa del despilfarro fiscal, sino que Moreno también puede hacer corresponsable a la… Read More Correa, China y la Asamblea, afectados por el informe de la deuda

Ecuador habló: La minería es peor que Correa

(Published originally in Mediato) El referéndum del 4 de febrero fue significativo. En su nivel más obvio, le dio al presidente Lenín Moreno una sólida victoria política y al expresidente Rafael Correa una derrota asombrosa. Pero más allá de las reacciones en Quito, los votantes en las zonas mineras de la Sierra y el Oriente… Read More Ecuador habló: La minería es peor que Correa

Writing Revolution: Republican Politics in Three Cuban Histories

Luis E. Aguilar, Samuel Farber, and Robert Whitney present three complimentary interpretations of Cuba’s 1933 Revolution and the social unrest that led to the 1959 Revolution.[1] The authors explore the role of rising mass society, the influence of political and intellectual elites, and the impact of the United States’ intervention in Cuban affairs to shed… Read More Writing Revolution: Republican Politics in Three Cuban Histories

Bailout Risk Grows for Ecuador After Worst Earthquake in Decades

By Nathan Gill April 19, 2016 (Bloomberg) — Before a 7.8-magnitude earthquake struck Ecuador on Saturday, the South American nation’s finances were already in tatters as the government struggled to meet payments to municipal authorities, oil companies and even cancer hospitals. Cut off from global bond markets, President Rafael Correa must now find enough money to… Read More Bailout Risk Grows for Ecuador After Worst Earthquake in Decades

Ecuador Quake Death Toll Rises as World Leaders Offer Support

By Benjamin Bain and Nathan Gill April 16, 2016 (Bloomberg) — World leaders from the Vatican to Washington offered support to Ecuador as casualties mounted following one of the strongest earthquakes to strike the South American country in decades. By Sunday evening, the number of dead had climbed to at least 246, from 77 earlier… Read More Ecuador Quake Death Toll Rises as World Leaders Offer Support

77-Year-Old Wall Street Favorite to Face Fujimori in Peru Runoff

By Nathan Gill and John Quigley April 12, 2016 (Bloomberg) — The victory by Pedro Pablo Kuczynski, a former finance minister, for second place in Sunday’s Peruvian president elections sets up a showdown between two business-friendly candidates, part of a regional backlash against left-wing politicians. Kuczynski, a 77-year-old Oxford-trained political economist who’s spent more than 50… Read More 77-Year-Old Wall Street Favorite to Face Fujimori in Peru Runoff

Latin America Oil Producers Call for Action to Improve Prices

By Nathan Gill and Andrew Willis April 8, 2016 (Bloomberg News) — Oil-producing countries must take the necessary steps to stabilize the global crude market in a bid to improve prices, Ecuador Foreign Minister Guillaume Long said on behalf of Latin American nations after a gathering in Quito. Waiting for the market to balance itself would… Read More Latin America Oil Producers Call for Action to Improve Prices

Eight Defaults and 180 Years Later, Ecuador to Repay Bondholders

By Nathan GillNovember 18, 2015 (Bloomberg) — Ecuador is poised to do something it’s never done in its more than 180-year history: repay a bond. “What’s positive is that Ecuador has a new chance to honor, for the first time, the payment of its bonds,” said Santiago Mosquera, a former Fitch Ratings analyst who is… Read More Eight Defaults and 180 Years Later, Ecuador to Repay Bondholders

Everything Is Going Wrong in Ecuador

By Nathan Gill August 24, 2015 (Bloomberg) — As emerging markets come unhinged around the world, few nations face tougher challenges than Ecuador, a dollarized oil producer in El Nino’s path, where street protests are flaring up alongside one of the planet’s most dangerous volcanoes. “Sometimes it makes you want to laugh,” said Jose Hidalgo, director… Read More Everything Is Going Wrong in Ecuador

Venezuela Bonds Trapped by Oil’s New Normal as Relief Rally Ends

By Nathan Gill (Bloomberg) — This year’s climb in crude prices, however slight, brought relief to Venezuelan and Ecuadorean bondholders after last year’s crash decimated the oil producers’ revenue and prompted concern they were running short of cash. Now, the pessimism is back. While New York oil futures have surged 36 percent from a six-year… Read More Venezuela Bonds Trapped by Oil’s New Normal as Relief Rally Ends