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...“Sooner or later, Ecuador had to bite the bullet,” said Ramiro Crespo, an Ecuadorean fund manager and head of Analytica Investments in Quito....
...“The fear now is that with less money, Correa will tighten the screws more,” adds Ramiro Crespo, president of Analytica Securities, a Quito brokerage....
...Against a backdrop of mutual suspicion between the then government of Hugo Chávez and much of the financial services sector, confidence unsurprisingly collapsed....
...“We cannot keep relying on high oil prices and China’s ‘generosity’,” says Ramiro Crespo, who heads Analytica Securities in Quito....
...Ramiro Blazquez is an Economist at HSBC, Hernán Yellati is a Strategist at HSBC and Gordian Kemen is the Chief Latam Strategist at HSBC Related reading: Chávez: no problem here in Venezuela, beyondbrics...
...Hugo Chávez, Venezuela’s radical leftwing president, and Evo Morales, Bolivia’s president, suggested the US was behind the revolt....
...The government has attracted fierce criticism for bringing in Cuban vice-president Ramiro Valdes, a close ally of Fidel Castro, to help solve its electricity woes, despite Cuba suffering serious electricity...
...Ramiro Crespo, president of Analytica Securities in Quito, said Mr Correa had proven himself “more adept at politics than at economics”....
...Ramiro Crespo, president of Analytica Securities in Quito, says Mr Correa’s high-stakes debt default may yet prove a political triumph, shaving billions off the country’s foreign debt at a time when the...
...Ramiro Crespo of Analytica Securities says the government will be able to “muddle through” as long as the oil price holds at about $40-$45....
...Mr Correa has reached out to Mr Chávez, and to Bolivia, Cuba, Dominica, Honduras and Nicaragua, which make up Mr Chávez’s Bolivarian Alternative for the Americas....
...“It’s all for show,” says Ramiro Gumiel, the mayor of the local district....
...Ecuador's fragile political environment appears to be deteriorating following the return from exile of a former president who promises a “revolution of the poor” modelled on Hugo Chávez's Venezuela....
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