The country can no longer afford this: the price of nickel, the main export, has fallen.
This year the price of Russia's main export commodity, oil, has fallen sharply.
If the price of oil, Ecuador's main export, remains low, Mr Correa will have much less money to spend on social programmes.
Cheap US gas is already driving down the price of the biggest substitute for generating electricity, coal, freeing it up for export to Europe, where it is displacing Europe's relatively highly-priced gas.
Due to lags in the oil price transmission to export revenues (of up to three months), Barclays Russian analysts in Moscow say they expect oil prices to ad to a fairly big first quarter surplus for Russia.
Ceredigion AM Ms Jones said Wales should have control of its natural resources, including the right to export water to the rest of the UK "at a fair price".
U.S. economic data due for release Friday includes import and export price indexes, the University of Michigan consumer sentiment survey, and monthly wholesale trade inventories.
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The price of nickel, once Cuba's leading export earner, has slumped.
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Removing export subsidies on agricultural products would raise the price of those products on world markets.
Negotiations on the export of natural gas are still stalled over price, which is no wonder given the effect of the shale gas revolution on the world market.
U.S. economic data due for release Friday includes the import and export price indexes, retail sales, the University of Michigan consumer sentiment survey, manufacturing and trade inventories and the U.S. Treasury budget statement.
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The government's finances have been weakened by the collapse in the price of oil, which last year provided over 90% of Venezuela's export earnings.
Export-led growth works well in a world where the price elasticity of demand for the exported goods is effectively infinite, where any decrease in costs will always lead to an expansion in sales.
From April 1st, for example, a ban on the export of palm oil is due to be lifted, so the domestic price should rise sharply.
But in democracies that bent can lead to silly policies such as the new government of Thailand's subsidized rice price, designed to aid farmers but imperiling a huge export market with artificially high supply costs.
So Iraq has yet to export any oil produced since the war, a state of affairs that has buoyed the oil price.
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