Ecuador scraps trade pact over US blackmail in Snowden case -
http://www.bloomberg.com...il-in-snowden-case.html
Quote: Ecuador, the South American nation considering an asylum request from fugitive U.S. intelligence leaker Edward Snowden, renounced its U.S. trade benefits today, saying they were being used as “blackmail.”
Small nation with big balls... Who's the big bro??
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!