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IT WILL be as simple as a phone call to the bank. After yesterday's interest rate cut, Anesh Naidoo will pull a little money out of his mortgage repayments and move it into his credit card debt. The consumer market will not see a cent.
- Moody's cuts Ecuador's sovereign rating - Marketwatch
LOS ANGELES (MarketWatch) -- Moody's Investors Service on Friday downgraded Ecuador's sovereign ratings following the government's announcement that it may default on a $30 million coupon payment for its Global 2012 bonds. The agency said Ecuador has ...
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