RECENT ARTICLES
Exclusive: European banks face indigenous calls to end Amazon oil trade
By , , LONDON/QUITO (Reuters) - European banks committed to backing action on climate change face allegations of double standards from indigenous groups in Ecuador after a report named them as major players in the trade in oil from the Amazon rainforest.Stand.earth and Amazon Watch said ING, Credit Suisse, Natixis, BNP Paribas, UBS and Rabobank were the largest backers in the shipment of about $10 billion of dollars of Ecuadorian crude to U.S. refineries over the last decade.Each of the banks identified, having reviewed the report , referred to environmental commitments they had made, such...…By , , LONDON/QUITO (Reuters) - European banks committed to backing action on climate change face allegations of double standards from indigenous groups in Ecuador after a report named them as major players in the trade in oil from the Amazon rainforest.Stand.earth and Amazon Watch said ING, Credit Suisse, Natixis, BNP Paribas, UBS and Rabobank were the largest backers in the shipment of about $10 billion of dollars of Ecuadorian crude to U.S. refineries over the last decade.Each of the banks identified, having reviewed the report , referred to environmental commitments they had made, such...WW…
Lasso wins Ecuador presidency in upset over socialist rival
Register now for FREE unlimited access to Reuters.comQUITO, April 11 (Reuters) - Ecuadorean banker Guillermo Lasso pulled off a surprise win in Sunday's presidential runoff against socialist economist Andres Arauz, putting the country on track to maintain open market policies rather than return to socialism.The victory, welcome news for investors unnerved over Arauz's promises of heavy social spending in the face of weak state finances, bucks a trend in Latin America of recent ballot box wins for the left in Argentina, Bolivia and Chile.But Lasso, who takes office on May 24, still faces a...…Register now for FREE unlimited access to Reuters.comQUITO, April 11 (Reuters) - Ecuadorean banker Guillermo Lasso pulled off a surprise win in Sunday's presidential runoff against socialist economist Andres Arauz, putting the country on track to maintain open market policies rather than return to socialism.The victory, welcome news for investors unnerved over Arauz's promises of heavy social spending in the face of weak state finances, bucks a trend in Latin America of recent ballot box wins for the left in Argentina, Bolivia and Chile.But Lasso, who takes office on May 24, still faces a...WW…
Ecuador children race llamas to save wetland park
By LLANGANATES, Ecuador (Reuters) - At dawn on a cold morning characteristic of Ecuador’s highlands, about 20 children got ready to show off their skills in a llama race on Saturday.Dayana Toapanta, at just 10 years old, is one of the most experienced riders and decided to return this year after recovering from a hard fall.“It gives me a lot of excitement and my heart says that I can win or not,” said Toapanta while adorning a llama with green ribbons in the community of Sacha, located in the Cotopaxi province south of Quito.The race known as “Llamingada” takes place every year in...…By LLANGANATES, Ecuador (Reuters) - At dawn on a cold morning characteristic of Ecuador’s highlands, about 20 children got ready to show off their skills in a llama race on Saturday.Dayana Toapanta, at just 10 years old, is one of the most experienced riders and decided to return this year after recovering from a hard fall.“It gives me a lot of excitement and my heart says that I can win or not,” said Toapanta while adorning a llama with green ribbons in the community of Sacha, located in the Cotopaxi province south of Quito.The race known as “Llamingada” takes place every year in...WW…
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