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Ecuador’s President Rafael Correa has vowed to sue the Wall Street Journal for linking his government to the Colombian FARC rebels.  “We will sue this newspaper because we are sick of their lies,” Correa told reporters on Thursday after addressing the UN General Assembly’s Conference on the world financial crisis, Reuters reported.
“We demand the Wall [...]

Ecuadorean President Rafael Correa officially announced that he will not be making the interest payments on his foreign bonds. The country has officially defaulted on its debt obligations. This is the second Ecuadorian default in ten years.
“I have given the order that interest payments not be made,” Correa said. “The country is in default.”
Correa went [...]