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Message: More from Inca Kola News (Otto)

More from Inca Kola News (Otto)

posted on Jun 10, 2008 04:29AM

http://incakolanews.blogspot.com/200...

Tuesday, June 10

Meanwhile, Ecuador political risk goes up as predicted



Ecuador is next to Peru. Peru's capital is Lima, and this is the model Adriana Lima.
Pathetic way of getting a photo of a hot woman on my blog, isn't it?

In this post over the weekend, I pointed out that Correa mere mentioning a hint about maybe perhaps messing with sovereign debt would make people nervy. Of course, I was right (toot toot). Here's Bloomberg on what happened in the debt market yesterday:

June 9 (Bloomberg) -- Ecuador's bonds fell to their lowest in more than two months after President Rafael Correa said the government would annul debt deemed ``illegitimate'' by a commission auditing the country's debt.

Etc etc. Watch out folks, it's election time........
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