“Ecuador will announce a restructuring of its defaulted debt this week, UBS AG said.”
…… and compare it to this report dated March 28th that starts….
“Ecuador will unveil detailed plans on April 20 for restructuring its $3.2 billion in defaulted international debt, President Rafael Correa said.”
Moral of the story: Just because you wear a suit and get a monthly paycheck for following LatAm affairs it doesn’t mean you’re not a dumbass. But fear not, because in the end Jesus loves us all.