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Rob Wile Business Insider 11/26/2013 The Chinese have taken control of Ecuador’s oil sector, Reuters’ Joshua Schneyer and Nichoals Medina Mora Perez report. Finding themselves largely shut out of credit markets since defaulting on $3.2 billion in debt in 2008, Ecuador turned to China. In exchange for covering 61% of the country’s $6.2 billion financing […] November 27th, 2013 | Tags: Ecuador, national debt, oil, Organization of Petroleum Exporting Countries (OPEC), PetroEcuador, Rafael Correa | Category: California, China, Energy, Socialism, South America | Comments are closed
Carol Greenberg Conservative Outlooks 2/15/2011 Please see my previous posts on this subject, each will link back to the previous. In the last installment the Ecuadoran plaintiffs had hired a new high-powered attorney. Chevron reacted by filing RICO charges against dozens of people and companies in this corruption, collusion-filled 18 year old lawsuit. FYI the […] February 16th, 2011 | Tags: Chevron, Ecuador, lawsuit, Rafael Correa, RICO charges, Texaco, The Hague | Category: corruption, Energy, Environment, South America, United States | Comments are closed
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