Ecuador Political News

Ecuador repays $1 billion in loans from Goldman, Credit Suisse- Reuters

Published

June 1, 2020

Ecuador in April repaid $1 billion of loans made two years earlier by Goldman Sachs (GS.N) and Credit Suisse [CSAG.UL], the Andean country’s economy ministry said late on Thursday.

The loans at the time allowed Ecuador to advance in a process to renegotiate its foreign debt.

To read the full article on Reuters, click here.

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The Amazon Post ·
@AmazonPost

#Factsmatter: An international arbitration panel found ‘no cogent evidence’ supporting #Ecuador’s claim that #Texaco failed to comply with terms of remediation in #Amazon. https://t.co/7TqQ6sJhik

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The Amazon Post ·
@AmazonPost

The @WSJ sums this case up nicely, “[Steven Donziger] and his team fabricated evidence, promised $500,000 to an #Ecuadorean judge to rule in their favor, ghostwrote much of the final verdict and took other actions that ‘perverted’ the course of #justice. Mr. Donziger disputes the… https://t.co/soQ1qreULA

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The Amazon Post ·
@AmazonPost

Shameless. Disbarred and convicted of criminal contempt of court for bribing an Ecuadorian judge in an attempted extortion scheme, @SDonziger is nonetheless accepting invitations to speak at #climate rallies. Read more about this adjudicated racketeer: https://t.co/5eac0lRmN7

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The Amazon Post ·
@AmazonPost

Sworn testimony: While Texaco met its environmental obligations in the Amazon, #Ecuador’s national oil company did “absolutely nothing” to address its own remediation in the area. #FactsMatter:
https://t.co/7TqQ6sJhik

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The Amazon Post ·
@AmazonPost

DENIED: @SCOTUS rejects hearing case of Steven Donziger, who bribed Ecuadorian judge in failed effort to bilk Chevron for billions of dollars. https://t.co/zT0dlozk5R

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