9 thoughts on “Chevron pollution in Ecuadorean Amazon

  1. Pingback: Brazilian coup regime and other South American governments | Dear Kitty. Some blog

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  3. Friday 17th March 2017

    posted by Morning Star in World

    ECUADOREAN banker and right-wing presidential candidate Guillermo Lasso could see his campaign derailed after an Argentinian investigative newspaper revealed his offshore wealth.

    Pagina 12 showed on Wednesday that Mr Lasso is connected to 49 companies based in overseas tax havens, presenting problems for him in the April 2 election second round.

    Left-wing Pais Alliance candidate Lenin Moreno came top in the first round on February 19 with 39 per cent, but his opponent, who scored 29 per cent, hopes to win by picking up eliminated candidates’ second preferences.

    The companies, based in Panama, the Cayman Islands and US, have diverse names that hide Mr Lasso’s role.

    Pagina 12 reported that between 1999 and 2000, around the time that former president Jamil Mahuad dollarised the economy and Mr Lasso served as minister of finance, the banker’s fortune rose from $1 million (about £600,000) to $31m (£20.4m).

    He is believed to have boosted his fortune by speculating on government bonds before dollarisation, which left millions of Ecuadoreans in poverty.

    “The financier tried in recent years to tidy up his businesses in order to enter the political arena,” the report said.

    “However, the magnitude of the offshore companies and their profits could implicate him in tax evasion.”

    Ecuador became the first country in the world last month to ban public officials from having assets or capital in tax havens after voters backed the idea in a plebiscite.

    All public servants and elected officials have a year in which to repatriate offshore investments or be removed from office for violating the policy, aimed at combating tax havens and increasing public accountability.

    https://www.morningstaronline.co.uk/a-1cfc-Ecuador-Tax-haven-expos-hits-Lassos-hopes#.WM54aWdFcdU

  4. Tuesday 4th April 2017

    posted by Morning Star in World

    President-elect pledges to continue Correa’s social programmes

    by Our Foreign Desk

    LEFT-WING candidate Lenin Moreno bucked the regional trend to the right in Sunday’s election for Ecuador’s presidency, taking victory by 51 per cent to 49 per cent.

    His win was met by an extensively trailed demand for a recount by his defeated right-wing opponent Guillermo Lasso, but Mr Moreno insisted that he would proceed without delay with the transition from President Rafael Correa.

    “It’s a decisive moment for the region because of the extreme right-wing’s reaction in recent years. Ecuadorean elections are very important,” said Mr Correa at a polling station in the capital Quito.

    Mr Moreno was backed in the election by the ruling Pais Alliance set up by his predecessor. “It’s time for peace and union. Everyone will have a new opportunity and we will seek dialogue and harmony. Our hand is outstretched,” he said.

    The president-elect, who has used a wheelchair since he was shot and paralysed during a robbery in 1998, is well known and respected for his advocacy work for people with disabilities and supporting state education.

    He has pledged to continue and expand social programmes introduced by President Correa, whom he served as vice-president from 2007 to 2013, before working as the UN special envoy for disability and accessibility.

    Initial allegations of fraud by Mr Moreno’s wealthy banker opponent sparked some street activity by his supporters, but the hollowness of the claims and public awareness that he would brandish such charges if defeated robbed the protests of momentum.

    The election was overseen by Union of South American Nations observers headed by former Uruguayan president Jose “Pepe” Mujica, who confirmed that the voting had been transparent. Foreign Minister Guillaume Long called the result “a positive endorsement of our plan to create a more equal Ecuador.

    “We have made great strides in social progress in the past decade and we will now continue to do so for the next four years.”

    The vote came as a relief to WikiLeaks founder Julian Assange who faced being turfed out of the Ecuadorian embassy in London if Mr Lasso had won the run-off.

    Mr Moreno’s administration will be inaugurated on May 24.

    http://www.morningstaronline.co.uk/a-96e5-Decisive-moment-as-Lenins-victory-bucks-rightward-trend#.WON6-GekIdU

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  7. Pingback: New frog species discovered in Ecuador | Dear Kitty. Some blog

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