Tag: Ecuador

• Thursday, April 21st 2016 - 12:16 UTC

  Ecuador raises taxes to rebuild cities devastated by major earthquake which continues with aftershocks

  

  President Rafael Correa announced Wednesday night that he is raising sales taxes and will charge a one-time levy on millionaires to rebuild cities devastated by Ecuador's worst earthquake in decades. In a televised address, Correa said damages from the 7.8-magnitude quake will likely run into the billions of dollars, adding to already heavy economic hardships triggered by the collapse in world oil prices.

• Monday, April 18th 2016 - 08:21 UTC

  Ecuador quake primary toll: 262 killed and over 2.500 injured, but climbing

  

  Aid began to flow in Sunday to areas devastated by Ecuador's strongest earthquake in decades and the death toll continued to rise as people left homeless hunkered down for another night outside in the dark.

• Wednesday, April 13th 2016 - 05:03 UTC

  Ecuador signs US$ 1 billion investment deals to boost oil production in existing fields

  

  Ecuadorian state-owned energy firm Petroamazonas EP, which is looking to boost production at nine of its existing oil fields and on Monday signed a series of investment deals amounting to US$ 1 billion for those areas, enlisting the help of both domestic and foreign companies.

• Friday, January 22nd 2016 - 07:21 UTC

  Ecuador disenchanted with OPEC policy will work as if the cartel 'did not exist'

  

  Ecuador President Rafael Correa said that his government was “tired” of pushing OPEC to decrease output and that the nation would keep working as if the oil cartel “did not exist.”

• Friday, September 11th 2015 - 10:14 UTC

  Ecuador's Correa orders dissolution of freedom of expression organization

  

  Fundamedios, an Ecuadorian organization that defends freedom of expression, is now the one in need of defense, as it faces state-mandated closure. On Tuesday, September 8, its directors reported that they had received a letter from the National Communications Secretariat (Secom), which informed them of the beginning “of the dissolution process” against the institution.

• Monday, August 24th 2015 - 10:35 UTC

  Franco-Brazilian journalist beaten-up in Ecuador leaves the country but promises to return

  

  Detained, beaten-up and threatened with deportation: Franco-Brazilian journalist Manuela Picq experienced the rough edges of Ecuador's political system after attending an anti-government rally this month backed by union bosses and indigenous leaders.

• Monday, August 17th 2015 - 08:07 UTC

  Ecuador declares state of emergency as volcano Cotopaxi becomes active

  

  Ecuador's President Rafael Correa declared a state of emergency Saturday after increased activity the day before at the giant Cotopaxi volcano, giving the government greater leeway to mobilize financial resources in the event of an eruption.

• Monday, August 17th 2015 - 07:54 UTC

  Ecuador hits back at the UK over the Assange asylum case in London

  

  Ecuador has hit back at the UK government over who is to blame for the deadlock in the case of WikiLeaks founder Julian Assange. The 44-year-old Australian has been living in Ecuador's embassy in London for more than three years to avoid extradition to Sweden, where he faces sexual assault allegations.

• Friday, August 14th 2015 - 08:32 UTC

  UK to protest to Ecuador for harboring Assange; policing the embassy has cost 18.8m dollars

  

  The UK is to make a formal protest to the government of Ecuador over the country's decision to “harbor” Julian Assange, the Foreign Office has said. The Wikileaks co-founder sought asylum at London's Ecuadorean embassy in 2012 to avoid extradition to Sweden.

• Wednesday, August 5th 2015 - 08:13 UTC

  Galapagos penguin numbers recovering with shifts in trade winds and ocean currents

  

  Shifts in trade winds and ocean currents powered a resurgence of endangered Galapagos Penguins over the past 30 years, according to a new study led by researchers at the Woods Hole Oceanographic Institution (WHOI). These changes enlarged a cold pool of water the penguins rely on for food and breeding-an expansion that could continue as the climate changes over the coming decades, according to the study.