The twelve countries members of the Union of South American nations, Unasur have for the first time opened to their peers defence budgets and how much they spend on the military, helping confidence building, according to reports from the group’s Secretary General Office.
Ecuador's President Rafael Correa confirmed he will not attend this month's Summit of the Americas in Colombia, nor any other gathering that excludes Cuba or fails to address what he calls the region's most pressing issues.
Ecuador's populist president, Rafael Correa, on Monday pardoned three newspaper publishers and a former columnist who had been sentenced to jail and ordered to pay 40 million dollars damages in a libel case that angered media freedom advocates.
Panama on Thursday granted asylum to Ecuadorean newspaper publisher Carlos Perez, one of three executives facing prison after losing a libel suit seen as a key test of press freedoms in Ecuador.
The Iranian president Mahmud Ahmadinejad will be travelling to Latinamerica in the second week of January 2012 to visit Venezuela, Nicaragua, Cuba and Ecuador, announced the Teheran presidential office, according to a report from the official news agency FNA.
Paraguayan president Fernando Lugo called for the free flow and free access of his country’s goods to Mercosur senior members’ markets and insisted on the energy integration of the block.
Ecuadorean president Rafael Correa said he was satisfied with having presented an official request for his country to join Mercosur and also called for closer links between Mercosur and the Andean Nations Community, CAN.
United States continues to dialogue with Venezuela, Bolivia and Ecuador, countries where it has no ambassadors in an attempt to normalize relations, said State Department spokesperson Victoria Nuland.
Repsol-YPF has raised its output in Ecuador to 45.000 bpd thanks to two new wells in the Amazon region, although the Spanish oil major still is forecasting a steady decline in production in the coming years, company executives said.
Ecuador's Tungurahua volcano (‘throat of fire’ in indigenous Quechua language) spewed red-hot rock and ash Tuesday as officials upgraded their eruption warning level to orange and some at-risk communities began evacuations.