CuencaHighLife

Ecuador’s state-run oil company, Petroecuador, on Tuesday responded to the exit of several big European banks from financing the Amazon oil trade by saying it compensates  indigernous communities for environmental impact associated with infrastructure development and takes extraordinatary efforts to protect the environment. In a statement, Petroecuador said that it “carries out exploration, production, transport,...
Martes, 26/1/2021 Hola, Todos – Actividades – Nada Otras cosas – Titular – Ocho años de prisión (Eight years in prison) – The Corte Nacional de Justicia sentenced 7 people including ex-VP Jorge Glas for a new crime of corruption in the Singue case. Also sentenced were Wilson Pastor y Carlos Pareja Yannuzzelli, minister and...
By Kevin P. Gallagher and Jorge Heine One of the most bipartisan acts during the Trump administration was passage of the Better Utilization of Investments Leading to Development Act (BUILD Act) of 2018, establishing the United States International Development Finance Corporation (DFC). The DFC is “America’s development bank. DFC partners with the private sector to finance...
Venezuelan President Nicolás Maduro says he has a sure-fire cure for the Covid-19 virus. At a press conference on Sunday, he presented what he called “miracle drops” that will neutralize the viurs when used every four hours. It is the second time in three months that Maduro has announced a cure for Covid. “Having received...
Lunes, 25/1/2021 Hola, Todos – Actividades – Nada. Otras cosas – Titular – De AstraZeneca, 5 millones de vacunas ( 5 million vaccines from AstraZeneca) – The Agencia Nacional de Regulación, Control y Vigilancia Sanitaria (Arcsa) authorized the use and importation of 5 million doses of the AstraZeneca-Oxford University vaccine. Mauro Falconi, the executive director...
By Lars Kinderman Panama hats have made the leap from the heads of Hollywood icons and intrepid jungle explorers to the fashionable masses of Europe and the United States. Models are wearing them on catwalks and teenagers are sporting them at clubs. In 2019, a number of fashion magazine articles and cable tv shows proclaimed...
By Dave Barry I’m getting old. It feels like half the mail I get these days is urging me to pre-arrange my funeral. I used to get interesting, even exciting, mail. Granted, a lot of it was from Ed McMahon, telling me I might already have won $17 million. He was lying, of course. But...
By Ben Piven Several big European financial institutions — BNP Paribas, Credit Suisse and ING — have committed to halting financing of the oil trade from the Amazon region of Ecuador. The three banks that have recently indicated such a policy change — in emails sent to environmental groups Amazon Watch and Stand.earth — are...
Ecuador reported 3,060 new cases of the Covid-19 virus Saturday, the highest daily total since the pandemic began in March. The daily count averaged 600 per day from August through early January but has increased to 1,000 a day in the past two weeks. Pichincha Province and Quito continue to lead the country in new...
By Cal Flyn For many years it seemed that overpopulation was the looming crisis of our age. Back in 1968, the Stanford biologists Paul and Anne Ehrlich infamously predicted that millions would soon starve to death in their bestselling, doom-saying book The Population Bomb; since then, neo-Malthusian rumblings of imminent disaster have been a continual...
China will overtake the U.S. to become the world’s biggest economy by 2028, a full five years earlier than previously forecast, due to the Covid-19 pandemic, an economic forecast predicts. The Centre for Economics and Business Research (CEBR), a UK-based think tank, said in its annual World Economic League Table released on Saturday that one...
The Quito Chamber of Commerce, the Chamber of Industries and Production and the Quito Restaurant Association are appealing to Mayor Jorge Yunda to roll back new restrictions on driving, business hours and liquor sales. Diego Vivero, representing the restaurant association, said the new restrictions are unjustified and the health of business and employment is just...

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The Cuenca Dispatch

Week of September 22

Ecuador on the Brink: Corn Shortage Sparks Food Crisis.

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Country Faces Severe Rainfall Deficit Across Multiple Regions.

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The United States Clarifies No Plans for Permanent Military Presence in Ecuador, Amidst Growing Cooperation.

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