There has been new chatter on the Solg forum, some of which has been dealt with before.
However, in the midst of all this, NEW news has come out:
"IMF and Ecuador has reached agreement on $4.2 billion fund." - 19 hrs ago, Mon 25 Feb 2019 Link: https://twitter.com/newsography/1099723129641787392
"WSJ places news of Ecuador*s new World Bank and IMF loans...." - 5 hrs ago, Mon 25 Feb 2019
Screenshot quote: " Ecuador may have to reduce fuel subsidies and the public sector payrolls, raise taxes and privatise some state-owned co*s as conditions for the loans and to ATTRACT f o r e i g n investments...said in a note."
Comment: Alpala capex is $3.3 billion per broker note/s. So this investment brings jobs, money into the Ecuadorian economy in light of the above = a benefit?
DYOR.
DGR Price at posting:
12.5¢ Sentiment: None Disclosure: Not Held
(20min delay)
