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Ecuador Political News

Bloomberg – Ecuador First-Quarter GDP Expands 0.33% as Oil Revenue Slumps on ‘Boycott’

Oil revenues for Ecuador fall amid boycott by oil companies as government forces them to renegotiate contracts that would give state greater control:

Ecuador’s gross domestic product expanded for a third straight quarter as growth in non-oil industries helped compensate for the steepest decline in oil revenue since 2007.

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