Gold Investing News – Analyzing Investment Risk in Ecuador
Date: Oct 14, 2010
This article discusses Ecuador’s investment climate, which has been damaged by the recent unrest in the country and prior defaulting on foreign debt:
Recent news of a coup attempt on Ecuador President Rafael Correa has raised many eyebrows about the stability of the Latin American country. The coup was undertaken by the national police, largely over austerity measures that would have cut the pay of the police force. Ecuador was severely hurt by the global economic downturn.