Tag: Ecuador

Friday, March 21st 2014 - 09:50 UTC

Unasur 'democratic clause' comes into force after ratification by Uruguay and Colombia

Ecuadorean foreign minister announced that a Unasur delegation will be arriving in Venezuela before the end of March

Any country that suffers an interruption to its democratic order will be automatically excluded from Unasur (Union of South American Nations), the bloc announced this week, after its “democratic clause” came into force and as Venezuelan President Nicolás Maduro claimed that a US-funded campaign is trying to ouster him.

Wednesday, January 29th 2014 - 20:37 UTC

Ecuador readies witch hunt against certain journalists, claims NGO Fundamedios

Correa describes himself as a victim of private media persecution and dismisses media watchdog groups as stooges of corporate enterprise

Ecuadorean non-governmental organization Fundamedios claimed that President Rafael Correa is trying to stop it from operating normally after the government announced that the “administrative control” of the NGO would be transferred to the national Communications Secretariat.

Sunday, January 26th 2014 - 09:27 UTC

Uruguay, Ecuador and Malta boast best climates in the world

Punta del Este resort in Uruguay

Uruguay, Ecuador and Malta were named as the best three countries in the world when it comes to climate.

Thursday, November 14th 2013 - 18:30 UTC

Business climate in Latam receives 'unfavorable' assessment from Brazil's leading foundation

Getulio Vargas Foundation elaborates the index surveying 137 experts

The business climate (ICE) in Uruguay was down in the third quarter of the year, which means the country dropped from position 5 to 7 in the ranking of the eleven economies contemplated in the index elaborated by the Brazilian Getulio Vargas Foundation and Germany's respected IFO.

Thursday, October 24th 2013 - 07:25 UTC

Former Ecuadorean judge admits taking bribes in pollution case against Chevron

Chevron claims plaintiff lawyers led by Steven Donziger, engaged in a scheme to extort money from the company during a 20-year legal battle

A former Ecuadorean judge who presided over a pollution case against Chevron Corp. (CVX) testified that he and a colleague who issued a 19 billion judgment against the company in the environmental lawsuit were bribed.

Tuesday, October 15th 2013 - 23:09 UTC

Chevron/Ecuadorean villagers case in new chapter before a US Judge

Chevron accuses Harvard-educated lawyer Steven Donziger of using US courts to enforce the Ecuadorean judgment

Chevron Corp will try to convince a US judge that a group of Ecuadorean villagers and their US lawyer used bribery to win a 18 billion dollars judgment against Chevron from a court in Ecuador, in the latest chapter in a long-running fight over pollution in the Amazon jungle.

Wednesday, September 18th 2013 - 19:43 UTC

Argentina’s YPF main partner, Chevron, blasted by Correa who is expected in Buenos Aires

“This is what Chevron-Texaco did. It’s Chevron’s black hand” said Correa holding up his oil soaked hand in the Amazon jungle

A couple of days before Ecuador’s President Rafael Correa is set to arrive in Argentina he sank his right hand into the bushes of the Ecuadorean Amazon and then showed it to the dozens of journalists summoned for the demonstration: it was covered in oil.

Friday, August 16th 2013 - 17:46 UTC

Ecuador ‘forced’ to drill for oil in pristine Amazon rainforest; ‘rich countries have failed us’

President Correa blasted lack of co-responsibility in the face of climate change

Ecuador has abandoned a conservation plan that would have paid the country not to drill for oil in previously untouched parts of Yasuni National Park in the Amazon rainforest. President Rafael Correa said rich nations had failed to back the initiative, leaving Ecuador with no choice but go ahead with drilling.

Wednesday, August 14th 2013 - 19:53 UTC

US imposes anti-subsidy duties on shrimp from Malaysia, China, Ecuador, India and Vietnam

Imports of frozen “warm-water shrimp” accounted for 3.5 billion dollars last year

Imports of shrimp from Malaysia will be subject to anti-subsidy duties as high as 54.5%, the U.S. Commerce Department said, while lower penalties were set for similar goods from China, Ecuador, India and Vietnam.

Wednesday, August 14th 2013 - 03:13 UTC

Chevron-YPF partnership splits the Argentina/Ecuador ‘progressive’ entente

Ecuador has a 19bn alleged contamination demand on Chevron which the US company describes the process as a ‘fraud’

US petroleum giant Chevron has warned that the continuing legal battle with Ecuador's government over pollution charges could put in jeopardy the company's partnership with YPF to exploit the Vaca Muerta shale reserves in the Patagonian province of Neuquén, Argentina.


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