State-owned oil company Petroecuador said it broke its daily production record on Tuesday 15 November, pumping 156.359 barrels of crude on that day. Production from Jan. 1 to Nov. 8 totalled 47,096,086 barrels of crude, Petroecuador said in a report.
Ecuadorian president Rafael Correa described the death of former Libyan leader Muammar Gaddafi as a “murder” and strongly rejected foreign in the North African country.
Ecuador has been announced as a major sponsor and exhibitor of the National Chocolate Week in London, the UK’s biggest and most indulgent chocolate celebration.
An Ecuadorian appeals court has upheld criminal libel convictions and three-year prison sentences for three newspaper directors and a former editorialist over a column that called populist President Rafael Correa a dictator.
Journalists in Latin America are suffering through their most tragic year in two decades, with 19 reporters murdered in nine nations so far in 2011, the Inter-American Press Association said in its latest release.
The International Press Institute (IPI) blasted an Ecuadorian court’s decision to jail a journalist and three executives of critical opposition daily El Universo for libeling President Rafael Correa, and to impose 40 million dollars in fines against the defendants and the newspaper.
Mercosur plans to begin negotiations with associate members Bolivia and Ecuador to make them full members, said Brazilian Foreign Affairs minister Antonio Patriota during Wednesday’s presidential summit in Paraguay.
Ecuador’s bonds are rewarding investors with the best performance in Latin America as Chinese loans and higher oil prices boost confidence in the economy two years after the country defaulted on 3.2 billion US dollars in debt.
Ecuadorian president Rafael Correa said China has one of the largest liquid international reserves in the world and could with “a few drops” finance the development of his country and the whole of Latin America.
Conservative Keiko Fujimori is two percentage points ahead of nationalist Ollanta Humala in Peru’s presidential runoff next Sunday June 5, according to the latest opinion polls, but the difference is too tight to anticipate a clear winner.