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Ecuador hints at default over 'illegitimate' debt (Financial Times)
The chances of Ecuador becoming the second country to default on its debt since the financial crisis began have risen sharply. It follows the country's move on Friday to delay meeting a $30.6m bond repayment, as Rafael Correa, its president, warned the debt might be "illegitimate". - www.walesonline.co.uk
Mortgage cuts urged as base rate slashed to 3% - WalesOnline
ITV.com Mortgage cuts urged as base rate slashed to 3% WalesOnline, United Kingdom - Nov 6, 2008 BANKS were under pressure last night to cut the cost of mortgages after the Bank of England cut interest rates to 3%. The 1.5% cut is the sharpest since ... Interest rate cut: Experts react Telegraph.co.uk Bank of England cuts interest rate by 1.5% to 54-year low Times Online Interest rates slashed by one and a half per cent Mortgage Introducer Houseladder - Moneysupermarket.com all 2,025 news articles
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