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Ecuador Political News

Dow Jones – Ecuador’s 2Q GDP Rose 8.9% Vs 2Q 2010: Central Bank

Ecuador’s GDP up on oil exports and loans from China that allow for public spending:

“Significant oil revenues have played a key role in the performance of the Ecuadorian economy, but it is hard to believe that this growth can continue,” said Alberto Acosta, an economist with Grupo Spurrier.

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