17Dec24, "the Government of Daniel Noboa completed the process of exchanging bonds for the conservation of the Amazon, which began on December 3, with the participation of Amazon Conservation DAC, The Nature Conservancy (TNC) and the advice of Bank of America. As a first step, Amazon Conservation DAC issued a bond for $1 billion, with which resources it can buy Ecuadorian securities, which are currently discounted.
The process was carried out with the advice of Bank of America. With that money, Amazon Conservation DAC was able to purchase and retire $1.527 billion in bonds from the market.
Thus, after this process that culminated on December 17, Ecuador must now pay Amazon Conservation DAC $1 billion , and $.527 billion to the bondholders that have already been withdrawn from the market. Hence, the savings for Ecuador from the exchange of this debt would be around $527 million. However, if interest and other financial costs are taken into account , Ecuador's savings in external debt payments will be $816 million by 2035.
This issuance was made possible by the Inter-American Development Bank providing a $155 million guarantee for Amazon Conservation DAC to issue the $1 billion bond on favorable terms. In addition, the International Development Finance Corporation of the United States provided insurance for the operation.
This is the second debt swap that Ecuador has carried out. The first one was carried out in May 2023, during the government of Guillermo Lasso, and was in favor of the Galapagos Islands...." -
Jack Abercrombie, [12/17/2024 12:27 PM]
Looks good on paper💰💵unfortunately, any and all profits proceeds or gains for Ecuador will
be stolen and go to 💸offshore banco accounts,🏦 🥹
🤠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 ...
23SEP26 #Ecuador 🇪🇨 "An analysis published by CNN en Español examines several Latin American presidents who maintain political ties with Donald Trump and who, after winning elections with radical rhetoric, face social, economic, or governance challenges.
Among the cases examined are Ecuadorian President Daniel Noboa , along with Javier Milei in Argentina; José Antonio Kast in Chile; Rodrigo Paz in Bolivia; and Nayib Bukele in El Salvador. CNN also analyzes recently inaugurated presidents in Honduras, Peru, and Colombia.
The publication argues that these leaders capitalized on public discontent with traditional governments and parties by proposing economic adjustments, security measures, and confrontation with their adversaries. However, it posits that this electoral strategy faces limitations when it must translate into effective governance.
Ecuador: security under question
In the Ecuadorian case, CNN focuses part of its analysis on the security strategy promoted by Noboa.
The president declared the internal armed conflict in ...
16SEP26💯%Choneros🚀"On Sept. 16, under the direction of #SOUTHCOM, Joint Task Force Western Hemisphere (JTF-WHEM)
forces successfully interdicted a floating refueling station supporting illicit at-sea drug trafficking operations in the Eastern Pacific.
Intelligence confirmed the vessel's involvement with the Los Choneros violent narco-terrorist organization.
Individuals removed from the vessel have been transferred to Ecuadorian authorities. After clearing the vessel and disembarking the crew, U.S. forces sank it.
JTF-WHEM continues to conduct precise and professional operations to dismantle the logistical networks fueling narco-trafficking in the Western Hemisphere.
"Alongside our Ecuadorian partners, we are relentlessly pursuing narco-terrorists who prey on our citizens,
undermine hemispheric security, and leave death and suffering in their wake. This deliberate, lawful, and precise operation saves lives and makes our citizens—from Ecuador to the United States—safer." -
SOUTHCOM ...
"It is an absurdity, it is laughable, to speak of such a
pending disaster as "The End of the World."
We are discussing the end of Humanity, or we are discussing the
end of Civilization, or we are perhaps even discussing
the end of some this or that Empire that we mistakenly
believe to identify with.
The end of the world will come when the sun
expands and engulfs it.
Now, is it truly a surprise that our discourse relates
economic tragedy with an ecological one?
That we actually behave as though a marked downturn in
the Market can somehow be compared to the death of Nature?
We are so enamored with our vastness and resource that we have forgotten the lark and the sparrow.
So I say, come armageddon. Come, you horsemen.
Let us speak these things no more."
— Takici Kaneko, 1934 - 'SteamPunk Magazine' 3-A4
https://archive.org/stream/SteamPunk_Magazine_3-A4/SteamPunk%20Magazine%203-A4_djvu.txt
