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CNE recognizes error in more than 6 million presidential ballots and says it will destroy them
Small and medium entrepreneurs of Guayaquil will be trained for business rounds
World food prices rose for the seventh consecutive month
More than 6 million presidential ballots will have to be reprinted due to an error in the logo of a political movement
Ecuador obtained $ 5.5 billion of income from exports in 2020
Ecuador, one of the nations most attacked by hackers
Why is inflation so low in Latin America and what does it say about the region’s economy
Femicide, a drama that involves more families in Ecuador
Second trial against former minister María de los Ángeles Duarte
An official resigns from the CNE stating that she was asked to sign documents to hire a supplier

Noble Group loaned $ 1 billion to Petroecuador, according to Bloomberg

Posted On 28 Sep 2014

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The American unit of the Noble Group Americas loaned $ 1 billion on September to the state public oil company of Ecuador, Petroecuador, according to documents gathered in the U.S. by Bloomberg. This debt was transformed into notes (bonds or stocks) traded that Noble then sold to investors through a trust established in the Cayman Islands.

The name of the trust is Noble Sovereign Funding I Ltd. These notes have a maturity to 2019 and were placed with an interest rate of 5.63 percentage points above the three-month LIBOR interest rate. That is to say about 6%. The bonds were sold at $ 0.98 each, according to data compiled by Bloomberg.

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CNE recognizes error in more than 6 million presidential ballots and says it will destroy them

Posted On 14 Jan 2021

Small and medium entrepreneurs of Guayaquil will be trained for business rounds

Posted On 14 Jan 2021

World food prices rose for the seventh consecutive month

Posted On 14 Jan 2021
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