IMF approves $4.2bn loan for Ecuador | Hacker News Reader

IMF approves $4.2bn loan for Ecuador

enca.com

25 pointsgtt18 comments

assange go in jai and 2 days latter IMF approve loan ... seem nice timing there

Please be advised that the news article is dated March 2019. No relation at all.

I'm sure.. Because the IMF backed states didn't consider that, and put a time-delay for the request of ousting...

No relation at all might be the case but a "wink and a nod" exists and has existed. Break the agreement and IMF will bring hell upon you.

So, it's quite possible that US and Ecuador planned this a few months apart to look unrelated. US diplomats aren't shy at all...

I have no idea how others on this site think that something that happened as long ago as March 2019 (the loan being approved) and Assange's arrest MORE THAN A WEEK LATER could be related at all.

It's preposterous. It makes no logical sense.

That a country which has not received money from the IMF for more than a decade receives money and a month later, one of the most notorious fugitives holed up in said country's embassy is arrested.

I cannot fathom why anyone would think these two things that temporally happened MORE THAN A WEEK APART would be related AT ALL.

Shameful.

https://www.nytimes.com/2018/12/03/us/politics/manafort-assa...

And backdated the article about the loan to the 12th March. Very cunning.

Either that or someone has posted a month old article that happens to, topically, mention Ecuador.

I think the key is that they have a new President.

Rafael Correa, the former President, was aligned with Venezuela and Chavez.

Lenin Moreno, the new President, has been much more friendly to the US despite his first name...

Certainly more plausible than him not keeping his room tidy.

The loan was agreed on the 21st of February. The article is from March.

Does anyone have any data on how well IMF loans are repaid?

As I am reading it, not great in the recent years.

https://www.imf.org/external/np/fin/tad/extrep1.aspx

Almost all pay. Sudan and the likes do not. (And Greece, but no doubt it will pay them) https://www.theguardian.com/news/datablog/2015/jun/05/histor...

That's a pretty long list of defaulters.

30 countries over 70 years? Se anything in common with those countries?

AFAIK, IMF never, even loses money. Might get it a bit later but...

I'm thinking that people would consider it concerning and alarming if this loan wasn't given by the IMF but by China.

Just a few days later Assange is evicted from their ambassy in London. that must have been one of the conditions. It's how the IMF rolls, clearly, totally in the pocket of the vile empire called the USA.

https://www.nytimes.com/2018/12/03/us/politics/manafort-assa...

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