Tag: Ecuador

• Wednesday, February 16th 2011 - 06:01 UTC

  Chevron will appeal 8.6 billion ‘extortive’ fine imposed by Ecuador judges

  

  US oil giant Chevron says it will appeal against an 8.6 billion US dollars fine imposed by Ecuador judges, carrying on a long-running row over pollution. Chevron's Kent Robertson told the BBC the case was an “extortion scheme”, and accused Ecuador's state-run firm of polluting the country's Amazon region.

• Thursday, February 10th 2011 - 22:53 UTC

  Unasur becomes fully in force March 11, following on Uruguay’s ratification vote

  

  The Uruguayan government officially delivered this week the formal ratification of the UNASUR (Union of South American Nations) founding charter thus turning the political project into juridical reality.

• Saturday, February 5th 2011 - 03:29 UTC

  Piñera reaffirms Chile’s commitment to Antarctica, the continent of the future

  

  President Sebastian Piñera described Antarctica as the continent of the future and confirmed Chile’s commitment to the values of peace and environment conservation represented by the southern pole mass.

• Monday, January 24th 2011 - 20:16 UTC

  Pacific Ring Countries to Make Energy Sharing Plans

  

  Future cooperative agreements among the countries of the Pacific Ring could reduce electricity costs in Chile’s far north by up to 25 percent. Chile’s energy costs are currently the highest in the region.

• Monday, December 27th 2010 - 07:51 UTC

  Ecuador, the latest Latinamerican country to recognize a free sovereign Palestine

  

  The Ecuadorean government is the latest in Latin American to recognize Palestine as a sovereign state. The Foreign Ministry said in a statement that President Rafael Correa officially recognized Palestine on Friday as “free and independent, with its borders since 1967” before the Israeli occupation.

• Thursday, December 9th 2010 - 20:51 UTC

  Unasur members will share and disclose data on military expenditure

  

  For the first time ever South American countries will jointly share and disclose data on their military expenditures, according to the Ecuadorian Ministry of Defence. It is anticipated that next March all member countries from Unasur (Union of South American Nations) will make public the information following on this year’s approval of a common methodology to measure Defence expenditure.

• Saturday, November 27th 2010 - 13:24 UTC

  Ecuador and Colombia re-establish full diplomatic relations

  

  The presidents of Colombia and Ecuador announced Friday they will resume full diplomatic relations after more than two years of estrangement.

• Wednesday, November 24th 2010 - 22:12 UTC

  Petrobras abandons Ecuador: no agreement on new oil contracts

  

  Brazil’s Petrobras is abandoning Ecuador after not having reached an agreement on the new oil contracts with the government while Spanish-Argentine Repsol-YPF will remain, announced Minister of Non renewable natural resources Wilson Pastor.

• Wednesday, October 6th 2010 - 18:35 UTC

  Ecuador arrests alleged ring leaders of police revolt; denies US involvement

  

  At least 46 Ecuador's national police members were arrested for their possible involvement in last week's revolt that the administration of President Rafael Correa called a 'coup attempt' which included the 'assassination' of the Head of State, the office of the public prosecutor informed.

• Wednesday, October 6th 2010 - 05:16 UTC

  Correa extends state of emergency and Army replaces police as Congress guards

  

  Ecuador's government extended a state of emergency and soldiers replaced the police as the force that guards Congress after a deadly revolt by some officers last week over a new law cutting their bonuses.