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Ecuador Political News

Read the latest political news out of Ecuador including new and ongoing issues, the political system, and the president of Ecuador Rafael Correa.

August 17, 2018

Ecuador negotiates investment for 727.85 million in four fields in the Amazon – Ecuador Times

The Government of Ecuador managed to attract an investment of 727.85 million dollars from private companies for the development of four oil extraction fields in the Amazon, state company Petroamazonas reported today.

August 16, 2018

Petroamazonas unveils O&G services contracts – LatinFinance

Ecuador’s Petroamazonas has signed services contracts with four companies for oil and gas blocks that require roughly $727m in investments over the next three years. 

August 15, 2018

Japan and Ecuador eye cooperation on economy and disaster mitigation – Japan Times

Foreign Minister Taro Kono and his Ecuadorian counterpart, Jose Valencia, agreed Monday to deepen economic ties and cooperation in disaster mitigation, with this year marking the 100th anniversary of the establishment of diplomatic relations between the nations.

August 14, 2018

What Really Happens to Nicaragua, Venezuela and Ecuador – Mint Press

Stories about corruption and internally government-generated violence concerning most unaligned countries abound in the MSM. These lies fuel hatred. And the public at large start a malicious rumor circuit. Which, in turn is taken over by the MSM, so that their lies are pushing in open doors.

August 13, 2018

Ecuador Struggles to Cope as Venezuelans Flood Its Borders – The New York Times

Venezuelans fleeing insecurity at home are arriving by the thousands in Ecuador after crossing through neighboring Colombia, the latest wave in one of Latin America’s largest mass population movements in history.

August 10, 2018

Correa is expelled from the Movement “Acuerdo Nacional” – Ecuador Times

The Ecuadorian Movement “Acuerdo Nacional” (MANA) today staged the symbolic expulsion from its ranks of former President Rafael Correa, and a group of hierarchs related to him, to “clean” them for their registration as a party.

August 8, 2018

Lenin Moreno says that “apparently” there was a tacit agreement of Correa with drug trafficking – Ecuador Times

President Lenin Moreno has told the Colombian chain Caracol that “in the previous government there seems to have been a tacit agreement to allow narcotics to move freely in the north of Ecuador.” Has added; “It is something that hurts us greatly, because when I gave orders not to let a single gram of cocaine pass through our territory, these violent acts immediately followed.” Read more>>

August 7, 2018

Reports: Kidnappers Of Killed Ecuadorean Journalists Arrested – teleSUR

From the authorities reports, “Roberto” would have been the person who intercepted the three members of the journalist team in the rural community of Mataje, in Ecuador. The Unified Action Groups for Personal Freedom (Gaula), a specialized Colombian police force, captured Monday the person accused of being the alleged kidnapper of the Ecuadorian El Comercio journalist team. He is known as “Roberto,” and is a member of the Oliver Sinisterra Front an illegal armed group that kidnapped and killed the journalist team. Read more>>

August 1, 2018

Ecuador: Court Denies Appeal of Former Vice President Glas, Further Weakening Correa – PanAm Post

The National Court of Justice of Ecuador has denied the appeal of former vice president, and close Rafael Correa ally, Jorge Glas, who was forced from office in disgrace, and now is serving lengthy prison sentence. Glas served under former Ecuadorian president Rafael Correa, and was reelected vice president under Lenin Moreno, but was soon ensnared in the Odebrecht case. Read more>>

July 31, 2018
Chevron Ecuador case background

PetroEcuador In-House Lawyer Sentenced to 4 Years in Prison for Money Laundering – Law.com

U.S. District Judge Kathleen Williams in Miami has sentenced Marcelo Reyes Lopez, an in-house lawyer for PetroEcuador, to 53 months in prison for laundering bribe money. PetroEcuador is the state-owned oil company in the South American country. Reyes Lopez could have faced up to 20 years in prison, but he reached a plea deal with prosecutors in April and is cooperating with investigators. On July 23 Williams also ordered him to pay a $30,000 fine and to forfeit six properties he owned in South Florida valued at more than $4 million, which was part of his plea deal. Read more>>

July 27, 2018

I’ve never been in favour of Wikileaks’ activities, says Ecuador president – Reuters

Ecuador’s president, signalling his government’s desire to end the long sojourn of Wikileaks founder Julian Assange in its London embassy, said on Friday he had never supported Assange’s leaking activities. President Lenin Moreno confirmed a July 15 report in London’s Sunday Times that Ecuador and Britain were in talks to try to end Assange’s stay at the embassy where he successfully sought asylum in 2012. Read more>>

July 25, 2018

Stalemate over WikiLeaks Assange’s future ‘coming to a head’: source – Reuters

The diplomatic impasse over Julian Assange’s six-year stay in Ecuador’s London embassy is coming to a head, a source close to the WikiLeaks founder said on Monday, after media reports the South American country would rescind his political asylum. Assange has been living in Ecuador’s London embassy since June 2012 when he successfully sought asylum to avoid extradition to Sweden to face questioning about allegations of sex crimes which he has always denied. Read more>>