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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Ecuador Impeachment & Anti-Corruption Bill
Ecuador: A couple of stories garnering some attention so for those interested:
- Today, Ecuador's Congress is set to vote on impeachment of the country's Interior Minister Maria Paula Romo.
- She is accused of failing to perform her duties during the October demonstrations, last year.
- Separately, Finance Minister Pozo, is hopeful the National Assembly will pass an anti-corruption bill which will secure disbursal of $2b by the IMF while the law itself will still be subject to a potential presidential veto.
- Once the legislature restarts work in January, govt will submit a bill that above all aims to restore central bank autonomy
- Pozo called campaign promises to introduce a $400/month universal basic income via unbacked money "a demagogic adventure" that would threaten Ecuador's use of the U.S. dollar as its currency.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.