BUENOS AIRES, Argentina – With just
hours to go before Argentina has to show its last cards in a
billion-dollar debt showdown in the U.S. courts, President Cristina
Fernandez seems to be keeping up her "we're going for more" motto. Her
government is reportedly preparing a response that analysts say could
lead the country into another catastrophic default.
Argentina
has until midnight Friday to propose how it would satisfy a $1.4
billion judgment won by plaintiffs who have insisted for a decade on
getting full payment in cash, plus interest and penalties, on sovereign
debt that the country hasn't paid since its world-record default in
2002.
Saturday, March 30, 2013
Salmon: Could Cyprus Go the Way of Ecuador?
Salmon: Could Cyprus Go the Way of Ecuador?By Felix Salmon 03/29/13 - 03:56 PM EDT
NEW YORK (Reuters Blogs) -- A small country that has adopted a major global currency finds itself with massive debts and insolvent banks. Its only real hope is that it controls areas rich in hydrocarbons; the problem is that it has neither the wealth nor the expertise to exploit those hydrocarbons on its own. The result: It ends up essentially selling itself to an omnivorous global superpower that is interested only in access to resources rather than in domestic economic growth and prosperity.
http://www.thestreet.com/story/11883579/1/salmon-could-cyprus-go-the-way-of-ecuador.html
Peru Announces Military Draft as Govt Fights Traffickers, Rebels
Peru Announces Military Draft as Govt Fights Traffickers, Rebels: Written by Miriam Wells Thursday, 28 March 2013
The Peruvian government has reinstated a military draft in order to counter a shortfall of 30,000 personnel, as the country militarizes its fight against drug traffickers and Shining Path guerrillas. Armed forces commander Admiral Jose Cueto said a lottery system would be used to select men aged between 18 and 25 in May, reported the Associated Press. Parents and university students are exempt, and those selected can avoid service if they pay a $700 fine, sparking fierce criticism that the burden will fall almost entirely on the country's poor.: http://www.insightcrime.org/news-briefs/peru-announces-military-draft-traffickers-rebels?utm_content=aggiecarter%40gmail.com&utm_source=VerticalResponse&utm_medium=Email&utm_term=Peru+Announces+Military+Draft+as+Govt+Fights+Traffickers%2C+Rebels&utm_campaign=Weekly+InSight%3A+Vigilante+Standoff%3B+Gang+Trucecontent
BRICS leaders agree on joint development bank
The BRICS group of
emerging economies has hammered out a deal to establish an
infrastructure bank that will rival the Western-dominated World Bank.Leaders from Brazil, Russia, India, China and South Africa met
Wednesday, on the second day of the fifth BRICS summit in the South
African city of Durban.
http://www.presstv.ir/detail/2013/03/27/295436/brics-nations-draw-up-joint-bank-deal/
Friday, March 29, 2013
Plotting the next Silicon Valley -- you'll never guess where- ECUADOR
Plotting the next Silicon Valley -- you'll never guess where
special report
Crave globe-trotter Eric Mack kicks off an exclusive four-part series
on the unlikely Latin American spot hoping to transform itself into a
new hub for science, technology, and innovation.http://news.cnet.com/8301-17938_105-57575554-1/plotting-the-next-silicon-valley-youll-never-guess-where/
Thursday, March 28, 2013
Ecuador Auctions Off Amazon to Chinese Oil Firms
Ecuador Auctions Off Amazon to Chinese Oil Firms
28 March 13
cuador plans to auction off more than three million hectares of pristine Amazonian rainforest to Chinese oil companies, angering indigenous groups and underlining the global environmental toll of China's insatiable thirst for energy.http://readersupportednews.org/news-section2/329-126/16682-ecuador-auctions-off-amazon-to-chinese-oil-firms
Saturday, March 23, 2013
Ecuador GPS Map - GPSTravelMaps.com
This GPS map will give you turn by turn directions to your destination using a POI (point of interest), city point and/or latitude and longitude with the ability to preplan driving destinations before getting into your car.
The easy to follow instructions allow you to download and install the map into Garmin BaseCamp desktop software and transfer it to your Garmin GPS in minutes. Compatible with ALL Garmin
GPS units. This is the most comprehensive GPS map available at such an affordable price! Includes the Galapagos Islands.Latest Update: March 2013 v1.8
Statistics of the map:
• 38,000+ kilometers of Highways, Major Roads and Residential Streets with turn-by-turn, voice guided directions.
• Over 11,000 unique points of interest.
• All rivers, streams, lakes, wetlands, beaches, volcanos, mountain summits, golf courses, ferry's, parks, cemeteries, etc.
Ecuador GPS Map - GPSTravelMaps.com
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