Wednesday, November 25, 2015

Eric Litvin shares the latest NPR Business News : Ecuador's Oil Bust Draws Parallels To 1990s Financial Crisis

Ecuador's Oil Bust Draws Parallels To 1990s Financial Crisis
Ecuador's economy is faltering thanks to a year of record low oil prices and fears of a "godzilla" El NiƱo forming in the Pacific Ocean. The situation is drawing bizarre parallels to the last major financial crisis to hit the small South American country in the late 1990s.

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