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Ecuador to Hike Taxes, Sell Assets to Fund Quake Rebuilding

Ecuador will temporarily increase some taxes, sell assets, and may issue new bonds on the international market to fund a multibillion-dollar reconstruction after a devastating 7.8 magnitude quake, a somber President Rafael Correa said on Wednesday. The death toll from Ecuador's weekend earthquake climbs beyond 600 and rescue missions ebbed as the traumatized Andean nation braced itself for long and costly rebuilding. "It's hard to imagine the magnitude of the tragedy....

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