Bondholders Embracing Chavez’s Disciple in Ecuador: Andes Credit

By Nathan Gill (Bloomberg) — Nicolas Maduro and Rafael Correa are both socialist disciples of the late Venezuela President Hugo Chavez, but only one is managing to convince bondholders he’s got the ability to weather the collapse in oil prices. While Chavez’s handpicked successor Maduro is struggling to ward off a default, Ecuador counterpart Correa… Read More Bondholders Embracing Chavez’s Disciple in Ecuador: Andes Credit

China Rescues Ecuador Budget From Deeper Cuts as Crude Drops

(Originally published by Bloomberg News) By Nathan Gill            (Bloomberg) — Ecuador, an OPEC nation that relies on crude for about a quarter of revenue, obtained enough financing from China to avoid deeper budget cuts even as its oil price fell below $40 a barrel, Finance Minister Fausto Herrera said. The Latin American country expects total… Read More China Rescues Ecuador Budget From Deeper Cuts as Crude Drops

Ecuador Gains $5.3 Billion Credit Line From China as Oil Tumbles

By Nathan Gill (Bloomberg) — The Export-Import Bank of China granted Ecuador a $5.3 billion credit line after a slide in oil to an almost six-year low prompted spending cuts for the OPEC member. Finance Minister Fausto Herrera said in a statement published today in the president’s official gazette that the Andean nation will use… Read More Ecuador Gains $5.3 Billion Credit Line From China as Oil Tumbles

Indigenous and Afro-Ecuadorians Facing the Twenty-First Century: Marc Becker

A collection of essays on the construction and emergence of ethnic identities in the Ecuadorian Andes, edited by Marc Becker. The authors of the volume examine Afro-Ecuadorians and indigenous communities through the lens of politics, culture, religion, gender, and the environment to better understand the array of social problems facing the country. French sociologist Manuela… Read More Indigenous and Afro-Ecuadorians Facing the Twenty-First Century: Marc Becker

Wikileaks Founder Assange Seeks Asylum at Ecuador’s U.K. Embassy

Nathan Gill and Randall WoodsJune 19, 2012 Julian Assange, the founder of anti-secrecy group Wikileaks, sought asylum at Ecuador’s Embassy in London after exhausting his options through British courts to avert extradition to Sweden. Ecuador is studying the request and is in contact with the U.K. government, Foreign Minister Ricardo Patino told reporters in Quito… Read More Wikileaks Founder Assange Seeks Asylum at Ecuador’s U.K. Embassy

The History of Ecuador: George Lauderbaugh

George Lauderbaugh’s The History of Ecuador is a general survey of the country from pre-Colombian times to the present. In addition to biographical sketches of illustrious Ecuadorians, he focuses on three economic booms since 1890, the cacao boom of 1890—1914, the banana boom between 1948—1960, and the oil boom from 1970—1992. CitationLauderbaugh, George. The History… Read More The History of Ecuador: George Lauderbaugh

Ecuador’s Protesting Police Lay Siege to President

Nathan Gill and Alex EmerySeptember 30, 2010, 9:00 PM GMT-5 Ecuador declared a state of emergency as hundreds of police protesting wage cuts blocked roads, shut the airport for several hours and sprayed teargas on President Rafael Correa. Venezuelan President Hugo Chavez backed Correa’s claim that he was the target of an organized coup attempt,… Read More Ecuador’s Protesting Police Lay Siege to President