Finance

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Ecuador's Dollar Bonds Plunge as Finance Minister Ortiz Quits
(Bloomberg.com - Jul 9, 2008)

July 8 (Bloomberg) -- Ecuador's bonds tumbled after Finance Minister Fausto Ortiz resigned, renewing concern the government may default on about $10 billion of debt.

www.bloomberg.com/apps/news?pid=20601086&sid=aOAx_SICQRM4

Kenya's finance minister quits over corruption scandal
(Nasdaq - Jul 8, 2008)

(RTTNews) - Kenya's Finance Minister Amos Kimunya, undergoing an inquiry over allegations of corruption, resigned Tuesday.

www.nasdaq.com/aspxcontent/NewsStory.aspx?cpath=20080708%5cA...

Ecuador Finance Minister Resigns in Dispute Over Asset Seizure
(Bloomberg.com - Jul 8, 2008)

July 8 (Bloomberg) -- Ecuadorean Finance Minister Fausto Ortiz resigned after the government seized two television stations and almost 200 other businesses in a dispute over debts stemming from a 1990s banking crisis.

www.bloomberg.com/apps/news?pid=20601086&sid=aOsh6g96_11M

Kenyan finance minister resigns over hotel sale scandal
(AFP via Yahoo! News - Jul 8, 2008)

Kenyan Finance Minister Amos Kimunya on Tuesday announced he had tendered his resignation from the government over suspicion of corruption in the sale of a luxury Nairobi hotel.

news.yahoo.com/s/afp/20080708/wl_africa_afp/kenyapoliticscor...

Atlantic finance ministers discuss common trends
(CBC Newfoundland and Labrador - Jul 8, 2008)

From taxation to energy prices, finance ministers from Atlantic Canada will be discussing a long list of common issues at their meeting in Halifax Tuesday.

www.cbc.ca/canada/newfoundland-labrador/story/2008/07/08/atl...

Ecuador's Dollar Bonds Plunge as Finance Minister Ortiz Quits
(Bloomberg.com - Jul 8, 2008)

July 8 (Bloomberg) -- Ecuador's bonds tumbled after Finance Minister Fausto Ortiz resigned, renewing concern the government may default on about $10 billion of debt.

www.bloomberg.com/apps/news?pid=20601086&sid=ay2ViZgPXPME

Kenya's finance minister resigns over scandal
(CNN.com - Jul 8, 2008)

Kenya's finance minister has resigned after being named in a corruption scandal that threatened to damage the nation's fragile new unity government, Prime Minister Raila Odinga announced.

www.cnn.com/2008/WORLD/africa/07/08/kenya.resign/index.html?...

Kenya's finance minister steps down
(AP via Yahoo! Finance - Jul 8, 2008)

Kenya's finance minister stepped down Tuesday after a week of protests and a no-confidence vote in parliament over his handling of the sale of a government-owned hotel.

biz.yahoo.com/ap/080708/kenya_hotel_scandal.html?.v=1

Ecuador's Dollar Bonds Plunge on Report Finance Minister Quit
(Bloomberg.com - Jul 8, 2008)

July 8 (Bloomberg) -- Ecuador's bonds tumbled, sending yields relative to Treasuries to their widest since March, after Ecuavisa TV reported that Finance Minister Fausto Ortiz resigned to protest the government takeover of two television stations.

www.bloomberg.com/apps/news?pid=20601086&sid=a2J.Wi7T56S8

Ecuador Finance Minister Ortiz Resigns Post, Ecuavisa TV Says
(Bloomberg.com - Jul 8, 2008)

July 8 (Bloomberg) -- Ecuador's Finance Minister Fausto Ortiz resigned his post to protest the government's takeover of two television stations, Quito-based Ecuavisa TV reported.

www.bloomberg.com/apps/news?pid=20601086&sid=aKX7AtcUoGP8