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Why Ecuador President Guillermo Lasso's Downfall Is Hitting Bonds - Bloomberg

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Ecuador President Guillermo Lasso, a wealthy former banker who’s popular among investors, will serve only a few months longer than half of his term after bowing out of snap elections. With momentum favoring left-wing populists, concerns over a return to socialist rule have sent Ecuador’s bonds into a tailspin, leaving them deep in distressed territory.
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