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United States v. Nilsen Arias Sandoval

The U.S. Department of Justice unsealed a criminal indictment against Nilsen Arias Sandoval, a high-ranking official at Ecuador’s state-owned oil company, Petroecuador, for taking part in a widespread bribery and…

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Environmental News

Reserva Ecológica Antisana

The Reserva Ecológica Antisana, located in the Andean cordillera southeast of Quito, is one of the few remaining areas in the Ecuadorian highlands where relatively large populations of endemic plants…

Ecuador’s Splintered Left on Trial with Correa

Ecuadorian ex-President Rafael Correa is on trial again, this time for campaign-finance fraud. Three years after a national referendum forced him from office, Correa is being tried in absentia

La Minería en Ecuador: Del Dicho al Hecho

La mina de oro y plata Río Blanco, atacada y quemada este mes por manifestantes de la comunidad, es emblemática en la industria minera ecuatoriana por todas las razones equivocadas.…

Ecuador Habló: La Minería es Peor que Correa

El referéndum del 4 de febrero fue significativo. En su nivel más obvio, le dio al presidente Lenín Moreno una sólida victoria política y al expresidente Rafael Correa una derrota…

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Political News

The Tablet of Disgrace

“esta es una placa de la ignominia, esta es una placa en donde consta y queda constancia para las futuras generaciones que los más altos personeros de un país…

Lenín Moreno Wins Ecuador Election with Correa Support

Lenín Boltaire Moreno Garcés, a popular former vice-president, won Ecuador’s presidential elections with 51 percent of the vote, defeating Guillermo Lasso, an executive of the nation’s second-largest bank. Outgoing President…

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Economic News

Greetings From Gringolandia

Bloomberg Businessweek, March 28 — April 3, 2016 Susan Lamy and her husband, Jean Pierre, owned a successful interior design business in Westport, Conn., but they still worried about how…

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Latin American Markets

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Andean News

Everything Is Going Wrong in Ecuador

By Nathan Gill August 24, 2015 (Bloomberg) — As emerging markets come unhinged around the world, few nations face tougher challenges than Ecuador, a dollarized oil producer in El Nino’s path,…

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Mastering the Law: Slavery and Freedom in the Legal Ecology of the Spanish Empire (Review)

In 1629, Catalina Angola and Domingo Angola, two African-born captives enslaved near what is today the northern Colombian city of Cartagena, learned that Catalina’s enslaver was moving her to the city. Fearing their separation, the couple petitioned their parish priest for marriage, hoping the Catholic Church’s respect for the sacrament of matrimony would help them…

Inka Militarism at the Pambamarca Complex (Review)

Citation Connell, Samuel V., Amber Anderson, Chad Gifford, and Ana Lucía González. “Inka Militarism at the Pambamarca Complex in Northern Ecuador.” Latin American Antiquity 30, no. 1 (March 2019): 177–97.

Pope Apologizes for Church Abuse in Conquest of the Americas

By Nathan Gill July 9, 2015 (Bloomberg) — Pope Francis asked for forgiveness for crimes committed by the Catholic Church during the colonization of the Americas at a summit in Bolivia, home to one of the region’s largest indigenous populations. “I say with sorrow that the church has committed many serious sins against the indigenous…

Pope Seeks Unity in Latin America Plagued by Political Strife

By Nathan Gill (Bloomberg) — Pope Francis, the first Latin American to lead the Catholic Church, called for unity and greater respect for diversity Tuesday during a mass in Quito, where thousands camped overnight in the rain to hear the pontiff speak. “There was no shortage of conviction or strength in that cry for freedom…

Ecuador Approves New Labor Law With Changes to Public Pensions

By Nathan Gill (Bloomberg) — Ecuador’s congress approved changes to the Andean nation’s labor laws on Tuesday, including the removal of a government subsidy meant to cover almost half of state pensioners’ monthly payments. Lawmakers approved the measure proposed by President Rafael Correa in a 91-to-29 vote, while government supporters and political opposition groups looked…

GMO Settles With Ecuador Over Bonds That Defaulted in 2009

By Katia Porzecanski and Nathan Gill (Bloomberg) — Grantham, Mayo, Van Otterloo LLC, a Boston-based money manager, dismissed its lawsuit against Ecuador over debt the nation defaulted on six years ago. The parties agreed to dismiss the suit filed in December in Manhattan federal court, agreeing that each side would pay its own costs and…

GMO Settles With Ecuador Over Bonds That Defaulted Six Years Ago

By Katia Porzecanski and Nathan Gill(Bloomberg) — Grantham, Mayo, Van Otterloo LLC, a Boston-based money manager, dismissed its lawsuit against Ecuador over debt the nation defaulted on six years ago. The parties agreed to dismiss the suit filed in December in Manhattan federal court, agreeing that each side would pay its own costs and that…

World’s Costliest Bond Sale in Decade Shows Ecuador Cash Crunch

By Katia Porzecanski and Nathan Gill            (Bloomberg) — Six years ago, Ecuador President Rafael Correa’s government denounced the 10 percent in annual interest the country paid on its bonds as “usury.” So when the 51-year-old former economics professor was willing to pay 10.5 percent in a sale of notes this month, it raised speculation the…

Ecuador GDP Growth Slowed in 2014 for Third Year on Oil Decline

By Nathan Gill     (Bloomberg) — The rate of growth in Ecuador, South America’s seventh biggest economy, slowed for a third year in 2014 as falling crude oil prices and a refinery shutdown offset gains from higher fishing and electricity output. Gross domestic product rose 3.8 percent in 2014 from a year earlier, less than the…