Tag: Ecuador

• Thursday, April 11th 2019 - 23:59 UTC

  UN warns that Julian Assange would face serious violations of human rights in the US

  

  For the United Nations (UN), the United Kingdom arrested “arbitrarily” WikiLeaks’s co-founder, Julian Assange, on Thursday and warned that by allowing his arrest, Ecuador has put the Australian journalist at risk of being extradited to the United States, “Exposing him to the risk of serious violations of human rights.”

• Saturday, March 23rd 2019 - 07:31 UTC

  Seven countries have launched the Forum for Progress of South America

  

  South American countries on Friday launched the Forum for the Progress of South America (Prosur), a new regional bloc which seeks the “integration and strengthening of the region.”

• Wednesday, March 20th 2019 - 21:13 UTC

  President of Uruguay criticizes Prosur for “generating another integration with ideological purpose”

  

  Uruguayan President Tabaré Vázquez questioned on Thursday the Colombian-Chilean initiative to create a new integration bloc to replace the Union of South American Nations (UNASUR) and argued that the region has a number of integration processes that collide and they become inefficient.

• Monday, February 25th 2019 - 09:09 UTC

  Ecuador reaches an agreement with IMF and will receive US$ 4.2 billion

  

  Ecuador and the International Monetary Fund (IMF) staff have reached an agreement on a set of policies to underpin a US$4.2 billion (435% of quota and SDR3.035 billion) arrangement under the IMF’s Extended Fund Facility (EFF). This arrangement, which is subject to IMF Executive Board approval, would provide support for the Ecuadorian government’s economic policies over the next three years.

• Friday, February 22nd 2019 - 10:01 UTC

  Rare giant tortoise surfaces in the Galapagos Islands after a century

  

  Conservationists in the Galapagos Islands have found a giant tortoise from a species thought to have become extinct more than a century ago. The adult female tortoise was found on the island of Fernandina in the west of the Pacific archipelago and is believed to be a Fernandina Giant Tortoise, also known as Chelonoidis phantasticus, a species last sighted in 1906.

• Wednesday, January 30th 2019 - 09:33 UTC

  Ecuador issues 10-year sovereign bonds at 10.75% yield

  

  Ecuador’s finance ministry said it had placed about US$1 billion in 10-year sovereign bonds in the international market. Proceeds from the 10.75% bonds will be used to strengthen the country’s reserves and help fund this year’s budget which has financing needs of about US$ 8 billion, the ministry said in a statement.

• Monday, January 28th 2019 - 09:09 UTC

  Ecuador planning IMF support to balance the budget and implement reforms

  

  Ecuador may use financing from the International Monetary Fund (IMF) to balance its budget, as the South American country seeks to reduce a swollen fiscal deficit and its international debt, the finance minister admitted on Friday.

• Saturday, December 22nd 2018 - 15:31 UTC

  Ex FARC still active guerrilla leader Guacho shot dead by Colombian forces

  

  Walter Patricio Arizala, a.k.a. “Guacho,” the FARC dissident behind the kidnapping and murder of three journalists from Quito's El Comercio newspaper, died Friday during an operation of the Colombian security forces in the jungle of Llorente, in the Tumaco municipality of the south-western department of Nariño, near the border with Ecuador, President Iván Duque announced.

• Wednesday, December 12th 2018 - 10:29 UTC

  Otto Sonnenholzner becomes Ecuador's new vicepresident with 94 Assembly votes

  

  The Guayaquil-born Otto Sonnenholzner Sper took office on Tuesday as Vice-president of Ecuador, after being chosen by the National Assembly from a shortlist put forward by President Lenin Moreno.

• Friday, December 7th 2018 - 14:52 UTC

  Ecuadorian President Lenín Moreno asks Assange to leave London embassy

  

  After the United Kingdom has guaranteed that the founder of Wikileaks will not be extradited to the US, President Lenín Moreno invited Julian Assange to leave Ecuador's embassy in London, because his time of asylum in the diplomatic building after six years is about to run out.