Chevron's Views
And Opinions On
The Ecuador Lawsuit.
Chevron's Views
And Opinions On
The Ecuador Lawsuit.
Chevron Corporation has reached a settlement agreement with H5, a California-based e-discovery and litigation services firm. In the settlement, H5 has withdrawn its support from the litigation against Chevron in Ecuador and has assigned its 1.25 percent interest in the $9.5 billion Ecuadorian judgment to Chevron.
Journalist Martín Pallares was fired on August 17 from the newspaper El Comercio, where he had worked for the past 13 years, over his personal Twitter account. According to freedom of expression organization Fundamedios, Pallares had been very critical of the Ecuadorian government in his tweets. Read more>>
There is a strange connection between volcanoes and political crises in Ecuador: They seem to erupt together. Read more>>
As emerging markets come unhinged around the world, few nations face tougher challenges than Ecuador, a dollarized oil producer in El Nino’s path, where street protests are flaring up alongside one of the planet’s most dangerous volcanoes. Read more>>
A vast array of disparate groups, including indigenous communities, medical associations, teachers’ unions, senior citizens and business owners, have all come out in full force across Ecuador in recent weeks to put their discontent on display, marching through streets, blocking roads, waving flags and shouting slogans. Each group touts a different laundry list of complaints and demands, but they are all targeted at one man: Ecuador’s President Rafael Correa. Read more>>
Indigenous schoolteacher Manuel Cartuche was once an ardent supporter of Ecuadorean President Rafael Correa for his stewardship of a booming economy and a road-building program that better connected the country’s once-isolated Andean cities and villages. Now, the 48-year-old member of the Saraguro ethnic community in southern Ecuador has turned implacable foe. He joined an estimated 10,000 marchers in Quito, the capital, on Wednesday to demonstrate against Correa’s bid for a fourth term in office. Read more>>
The D.C. Circuit affirmed the trial court’s holding that it has jurisdiction under the Foreign Sovereign Immunities Act (FSIA) to confirm an arbitral award in Chevron’s favor and rejected Ecuador’s argument that confirmation should be denied under the New York Convention. Chevron Corporation and Texaco Petroleum Company v. The Republic of Ecuador, No. 13-7103, (D.C. Cir. August 4, 2015). Read more>>
On Thursday, August 13, several social groups in Ecuador joined forces to protest against the national government, most notably indigenous groups that used to support President Rafael Correa. These groups have revolted against a similarly inefficient, centralized economy. While it may be a far cry from Soviet communism, the Ecuadorian government has circumvented civil society and placed all planning in the hands of a political elite. Read more>>
A total of 67 police officers were injured and 47 people arrested during protests in Ecuador against President Rafael Correa’s moves to seek a fourth term, an official said Friday. Most of the injuries and arrests came in Quito, the epicenter of Thursday’s protests, deputy minister for domestic security Diego Fuentes told a TV station. Read more>>
Rather than refute a recent investigative report by the Washington Times with facts, Amazon Watch continues to advance conspiracy theories, recycle falsehoods and repeat its long-discredited rhetoric. But none of it will rehabilitate the California-based activist group that continues to promote the fraudulent Ecuadorian lawsuit against Chevron.
Opponents of President Rafael Correa’s policies, many of them from indigenous groups, protested against government policies on Thursday, including one that would permit the populist leader to run for office indefinitely. Discontent has grown as a slump in oil prices has weakened the pace of Ecuador’s robust economic growth of recent years. Thursday’s protests, among the largest in a series of recent demonstrations and the first national strike, comes a day after ratings firm Standard & Poor’s lowered its sovereign credit ratings on Ecuador by a notch. Read more>>
Ecuadorian trade unions and indigenous groups are in final preparations for a massive nationwide strike on Thursday, August 13. Their objective is to have President Rafael Correa rectify his various policy proposals, including his plans to impose new taxes on inheritance and capital gains, which have led to a wave of protests for the past 45 consecutive days. Read more>>
