Updated on April 12, 2021, 9:29- 'Ecuador Bonds Rally as Millionaire Banker Wins Presidency- 'Guillermo Lasso, 65, will be sworn in as president next month- 'Win by Lasso set to reassure bondholders on upholding IMF plan-
-"Ecuadorean bonds rallied after career banker Guillermo Lasso won the presidential election with a late surge in support, calming investors who thought his opponent was likely to lead the default-prone country into insolvency once again.
Lasso beat out economist Andres Arauz, a left-wing protege of former President Rafael Correa, by a solid margin in Sunday’s runoff vote. Arauz, who conceded defeat, won February’s first round by 13 percentage points.
It was a massive relief for bondholders, who bid up the country’s benchmark notes to their biggest gain since they were restructured just eight months ago. Ecuadorean debt had been trading at levels that signaled broad investor skepticism amid worry that a victory for Arauz would lead to unsustainable levels of social spending and an inevitable default from a politician who promised to prioritize the poor over the powerful.
Lasso, a 65-year-old self-made millionaire and father of five, was largely seen as representing the establishment, having vowed to uphold a $6.5 billion financing agreement with the International Monetary Fund and to keep up payments on the country’s overseas bonds. In his victory speech Sunday evening, Lasso said he will work to create “the prosperity we all long for.....” -
🤠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 ...
(there will be no significant improvement in Ecu until this addressed and resolved once and for all, very similar issues up NA way too, Ecu mini state likes to monkey see monkey doo big brother brothel USSA in so many ways:) 03DEC25- #Ecuador ⚖ 'Life imprisonment! For corrupt judges & lawyers- "...So, let's use the same logic with my "buddies." If as a lawyer you are found guilty of having bribed a judge or prosecutor or you are that judge or prosecutor bribed, it is impossible for us to think that it is coherent that we can once again entrust them with their participation in the system of administration of justice.
A corrupt judge, lawyer or prosecutor must be banned for life from practicing the profession. Let them go out to sweep streets or pass cafes, but in this profession they cannot participate again. Because without Justice there is no State and they have made sure that Ecuador is a failed State.
But I am more radical: I propose that the perpetual inability to practice the profession ...
SUN 23NOV25 The #EcuadorReport Giving Thanks to the Entire Crew at KAT-BAS Club de Tiro #Quito Gun Club - 'Nobody is Coming to Save You!'🦃Have a Happy Thanksgiving 2025🎩-
13NOV25 📑#Ecuador
"There is an agreement between the US and Ecuador on reciprocal tariffs, driven by President Donald Trump and President Noboa.
The United States announced the elimination of reciprocal tariffs for certain Ecuadorian exports, following the conclusion of a new agreement promoted by President Donald Trump and President Daniel Noboa.
The understanding incorporates chapters of trade, work, environment and security, with the aim of providing greater competitiveness and relief to the export sector of Ecuador.
The Minister of Production and Foreign Trade, Luis Jaramillo, stressed that this framework "will lay the foundations of trade, economic and national security relations", emphasizing that the agreement marks a decisive step to deepen cooperation between the two countries.
According to the Ecuadorian Government, the measure will allow to expand opportunities for domestic products and strengthen the bilateral agenda in strategic areas for development and security." -
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