Tag: Ecuador

Wednesday, September 23rd 2020 - 08:44 UTC
US Asphalt Company pleads guilty to paying bribes to South American leftist governments to win contracts

A major U.S. asphalt company agreed to pay US$16.6 million in fines while pleading guilty Tuesday to federal charges that it paid millions in bribes to officials in Brazil, Ecuador and Venezuela for almost a decade to win lucrative contracts.
Tuesday, September 8th 2020 - 09:45 UTC
Ecuadorean court upholds sentence against ex president Correa and bans him from 2021 election

An Ecuadorian court on Monday upheld an eight-year prison sentence against former President Rafael Correa for breaking campaign finance laws, blocking him from participating as a vice-presidential candidate in the 2021 election.
Tuesday, August 25th 2020 - 08:12 UTC
Chinese fleet next to Galapagos Islands “complying with fishing regulations” and most are jiggers

Chinese fishing vessels operating in the vicinity of the Galapagos Islands are complying with international fishing regulations on the high seas and none have been reported for illegal activities, China's ambassador to Ecuador said on Monday.
Friday, August 14th 2020 - 10:53 UTC
Ecuadorean popular ex president under house arrest

A judge in Ecuador on Thursday placed former president Abdala Bucaram under house arrest over his alleged involvement in a corruption scandal blamed in the murder of an Israeli prison inmate, the public prosecutor said.
Thursday, August 13th 2020 - 06:52 UTC
Ecuador expects shrimp exports to China to resume soon after Covid-19 dispute

Ecuador expects a quick resolution to a trade dispute with China over traces of coronavirus in a container of exported shrimp that led Beijing to suspend imports from three companies, Ecuador’s production and trade minister said on Tuesday.
Monday, August 10th 2020 - 07:57 UTC
Some 340 Chinese vessels fishing off Galapagos Islands protected waters

Ecuador's navy is conducting surveillance of a massive Chinese fishing fleet that is operating near the protected waters of the Galapagos Islands, amid concerns about the environmental impact of fishing in the area of the ecologically sensitive islands.
Saturday, August 1st 2020 - 06:11 UTC
Ecuador extends deadline for negotiations with bondholders

Ecuador will extend the deadline for creditors to vote on its US$ 17.4 billion debt restructuring plan to Monday following a lawsuit by a small group of bondholders, the finance ministry said on Thursday.
Thursday, July 30th 2020 - 09:05 UTC
Ecuador fishery resources threatened by a fleet of 260 Chinese vessels

Ecuador is on alert due to the appearance of a huge fleet of mostly Chinese-flagged fishing vessels off its Galapagos Islands. Patrols are trying to ensure the fleet - which is made up of around 260 vessels - does not enter the delicate eco-system from international waters.
Friday, July 24th 2020 - 09:05 UTC
Ecuador promotes mining but with stricter regulation for waste dams

Ecuador unveiled new, tighter regulations for the design and construction of mining waste dams, seeking to avoid disasters like the tailings dam collapse that killed hundreds at a Vale site in Brazil last year.
Wednesday, July 22nd 2020 - 08:01 UTC
Health officials admit Ecuadorean public hospitals and ICUs situation is critical

The situation in the Ecuadoran capital Quito is critical due to the coronavirus epidemic Health Minister Juan Carlos Zevallos warned. Between April and July, public hospitals in Quito - home to 2.78 million - expanded their intensive care units from 61 to 162, Zevallos said in a nightly interview with the Teleamazonas network.