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Ecuador must now pay Amazon Conservation DAC $1 billion , and $.527 billion to the bondholders that have already been withdrawn from the market.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 ...
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 -
