Ecuador
Economy
Despite the confident rhetoric surrounding the currency union between five Latin American economies, we doubt the Sucre will have any appeal beyond its immediate members. Economic...
2009-10-22Economy
On June 15, ratings agency Standard & Poor's (S&P) raised its long-term sovereign credit rating on Ecuador from 'SD' to 'CCC+' (with a stable outlook), in a move which we...
2009-06-16Economy
BMI View: Ahead of general elections on April 26, the Ecuadorean government has announced its intentions to buy back its default debt at 30% of the face value. While there are now...
2009-04-21Economy
Ecuador's government is widely expected to announce formal default on its US$ Global 2030 this weekend, following the expiry of a month-long grace period of its US$135mn coupon payment....
2009-03-13Economy
The financial storm that swept across global markets last year has rapidly degenerated into an economic hurricane. Consequently, we have grown bearish on Latin America's economic...
2009-01-30Economy
BMI View: We have grown extremely bearish on Latin America's growth prospects as the region faces a darker age of lower commodity prices, stricter financing, and waning demand. In...
2008-12-23Economy
BMI View: We have grown extremely bearish on Latin America's growth prospects as the region faces a darker age of lower commodity prices, stricter financing, and waning demand. In...
2008-12-23Economy
BMI View: Ecuador's outright suspension of external debt payments, which has triggered the first major default since Argentina in 2001, will inevitably put Latin America's sovereign...
2008-12-15
