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Rafael Correa Delgado

Ecuador's voters expected to back new constitution

Voters are expected to easily approve this chronically unstable nation's 20th constitution on Sunday, expanding President Rafael Correa's powers and letting the pugnacious leftist run for two more consecutive terms. The...

Ecuador may default on $200 million Brazil loan

Ecuadorean President Rafael Correa threatened Wednesday to default on a more than US$200 million loan granted by a Brazilian development bank to build a hydroelectric plant in central Ecuador that had to be closed. Correa...

Charles Tannock: Latin America’s Anti-Chávez Axis

BRUSSELS – The rescue of Ingrid Betancourt and 14 other hostages who had been held for years by FARC guerrillas marks more than a turning point in Colombia’s long war against its drug-running, Marxist guerrillas. It also...

Austria

Our latest polls from this past week. Virginia: Obama 44%, McCain 44% (Angus Reid Global Monitor) - Democrat Barack Obama is tied with Republican John McCain in the Old Dominion State, according to a poll by Rasmussen Reports....

[analysis] Ten Years On, Bolivarian Revolution at Crossroads

In 1998, when he was first elected president, Chávez was viewed by many throughout the region as a kind of ideological throwback. But as social movements gained strength over the next several years and new progressive leaders...

China warns ExxonMobil to drop Vietnam deal: report

Hong Kong (AFP) July 20, 2008 - China has warned US oil giant ExxonMobil to drop an exploration deal in the seas off Vietnam and said the project could threaten any future mainland contracts, a Hong Kong newspaper reported Sunday.

New EU immigration directive: ‘policy of shame’

Opposing the opinions held by the ex-commissioner and others, there is a large group that is critical of the new European directive passed in the European parliament in June. With this in mind, Diego López Garrido, Spanish...

Currency rises in week on rates

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Ecuador refinery work begun

CONSTRUCTION has begun on what will be the largest refinery on South America's Pacific Coast. The facility will be financed by both Ecuador and Venezuela, but Iran and China are also interested in participating in funding,...

Ecuador looks to Iran and China in new oil refinery

QUITO (AFP) - China and Iran are interested in investing in a six-billion-dollar oil refinery Ecuador is building with Venezuelan help on the Pacific coast, President Rafael Correa said Saturday. "That refinery is being built...