02AUG22- 'Analysts Expect Swift Resolution to Ecuador-Perenco Dispute- 🛢 (Reuters) - ⛽️ "Ecuador is expected to deal quickly with Anglo-French oil company Perenco's efforts to enforce a multi-million dollar award payment as delaying could cast a shadow over international bond payments down the line, analysts said.
A Luxembourg bailiff had ordered banks to freeze assets held by Ecuador at accounts in the country on July 28 as a result of a dispute over a $391 million settlement award that Anglo-French oil company Perenco says remains unpaid, a document seen by Reuters shows.
As part of the debt restructuring on its international bonds that followed Ecuador's default two years ago, Ecuador sold new bonds maturing in 2030, 2035 and 2040, which are listed on the Luxembourg stock exchange.
However, some bond holders received interest payments which had been due on the bonds on July 31, sources familiar with the matter said on Monday.
Fabio Trevisan, partner and head of BSP's Dispute Resolution practice, the law firm representing Perenco, declined to comment on the interest payments received.
Ecuador's economy ministry said on Monday it had not been formally informed of the asset freeze and would establish payment terms for the settlement, which it said was for some $374.3 million.
The figure rises to $391 million when including post-award interest. This is down from the $412 million awarded in May last year after taking into account compensation Perenco was ordered to pay Ecuador for environmental damage caused in the areas where it operated in Blocks 7 and 21......" -
🤠iffin you gonna move down or remain in Ecuador on into 2025, get prepared for whats a coming down the pike🥷🏼its not and has not been just a Coastal & #GYE thang, its also a Sierra & Metro #Quito Thanggy as well👮🏻♂️💰
My 2025 NewYears Resolution is more time out on the La G range, zz style, 🎸🥁🎸 cuzz (imho) we gonna dang sure be a needin it🥷🏼if anybody wants to no longer be an outlaw? Call me to join our Qtowne Quito gun club and get legal to tote with a 55hr CCW Course,
now a days The CCW is pretty much streamlined down to this:
plan on about $300 for to join the gun club,about $200 or up to $300 for the CCW course,about $300 for psyche, psycho and toxico exams,
a 9mm Taurus for say $1200.
a 9mm CZ for say $1500.
aprox $80 to $100 for a box of 50rds 9mm FMJ
i see peeps now a days getting legally armed in about a 3-4 months time frame, kinda like a tuff assed visa process!
'Always be prepared' - BSA & SA,
"When guns are outlawed, only outlaws will have guns" - Louis L'Amour (1908-1988) Western novelist of ...
20AUG25 'The 10 most affordable states for retirees in 2025- "Here are the most affordable states, according to Bankrate’s analysis:
West Virginia
Pennsylvania
Delaware
Wyoming
Ohio
Wisconsin
Nevada
Indiana
Idaho
Georgia,
West Virginia
powered to the top with strong performances in both key sub-categories. The state had the lowest cost of living, as well as the fourth-lowest cost of homeowner’s insurance, at $1,009 annually.
“West Virginia has been an attractive location for retirees for the last few years and has seen multiple years of positive net migration — people moving in — despite the fact that the overall state population is shrinking,” says Kates...." -
Premeirs🎥SUN 10AUG25 (9pmET) #CNN "Senior National Correspondent David Culver and team report on the exploding violence in Ecuador, 🇪🇨
Where citizens are regularly pressured to hand over money to gangs involved in the country’s drug trade.
Watch ‘Ecuador: The Narco Superhighway’ on ‘The Whole Story with Anderson Cooper’ Sunday August 10 at 9pm ET on CNN." #CNN #News -
