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Ecuador delays debt payment, raising default fears (AP via Yahoo! Finance)
Ecuador vowed Friday to delay a $30.6 million interest payment on its foreign debt while it investigates possible irregularities in the contracts, sending its benchmark bonds and credit rating tumbling as default fears soared.
- www.guardian.co.uk
UPDATE 4-Pakistan agrees on $7.6 bln IMF loan - Guardian Unlimited
KARACHI, Nov 15 (Reuters) - Pakistan has agreed with the International Monetary Fund (IMF) on a $7.6 billion emergency loan to stave off a balance of payments crisis and pave the way for a broader economic rescue plan. The IMF said on Saturday its ...
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Two taxi drivers robbed (Sarnia Observer)
By DAN McCAFFERY The Observer The owner of a Sarnia cab company says drivers should be allowed to carry mace to protect themselves from robbers. [...]