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Top related persons:
Jose Davalos - 2 Guillermo Lasso - 2 Davalos - 2 Alexandra Valencia - 2 Karen Toro - 1 Ecuadoreans - 1 Petroecuador - 1 Chizu - 1
Top related locs:
QUITO Ecuador Via Auca Orellana province
Top related orgs:
Thomson - 2 REUTERS - 1 ITT - 1 Life - 1 Resources - 1

Search resuls for: "Davalos"


5 mentions found


☆ Ecuador nature reserve will take years to recover after oil exit-minister
  + stars: | 2023-09-19 | by ( Alexandra Valencia | ) www.reuters.com   time to read: +2 min
[1/4] A pipeline of state-owned Petroecuador is pictured as Ecuador is preparing to shut down oil production in the Yasuni Amazon reserve, in Via Auca, Orellana province, Ecuador July 28, 2023. Ecuador is preparing to shut down block 43-ITT, which is operated by state-owned Petroecuador, after a majority of Ecuadoreans voted to close the project in August. While oil wells have been closed before, Ecuador has no experience in abandoning an entire block of this size, which includes three fields and about 230 operating wells, he said. Environmentalists and some communities nearby insist that prohibiting future oil operations and other extractive industries is the only way to take care of nature and curb climate change. While some groups have demanded the immediate cessation of operations at 43-ITT, Davalos said an orderly closure was necessary.
Persons: Karen Toro, Jose Davalos, Ecuadoreans, Guillermo Lasso, Davalos, Petroecuador, Alexandra Valencia, Chizu, Oliver Griffin Organizations: REUTERS, ITT, Reuters, Thomson Locations: Ecuador, Via Auca, Orellana province, QUITO
☆ First debt swap Galapagos projects could be approved next year, minister says
  + stars: | 2023-06-30 | by ( Alexandra Valencia | ) www.reuters.com   time to read: +2 min
QUITO, June 30 (Reuters) - Conservation projects in the Galapagos Islands funded by so-called blue bonds will be approved from next year by an independent body, Ecuador's Environment Minister Jose Davalos said. The independent non-profit Galapagos Life Fund (GLF) will manage the funds, Davalos told Reuters on Thursday. "Next year the GLF could begin to receive projects, rate them and assign the first funds to finance them," Davalos said. "This is a private fund that will administer money that is given or donated for the conservation of the Galapagos." The fund could finance projects in fishing, tourism, environmental education and the management of the Galapagos ocean reserve, which was expanded last year.
Persons: Jose Davalos, Davalos, Charles Darwin's, Guillermo Lasso, Alexandra Valencia, Julia Symmes Cobb, Elaine Hardcastle Organizations: Life, Reuters, Resources, Thomson Locations: QUITO
☆ Ecuador deploys soldiers against illegal mines in Amazonian areas
  + stars: | 2023-05-08 | by ( ) www.reuters.com   time to read: +2 min
QUITO, May 8 (Reuters) - Ecuador's government is deploying soldiers and police in nine provinces to combat illegal mining, officials said on Monday, in a bid to stamp out the unlawful mines mostly targeting gold and copper deposits. The announcement came after some 1,000 security forces destroyed machinery in a raid on illegal miners in the eastern Amazonian provinces of Napo and Orellana. Earlier this year, President Guillermo Lasso declared illegal mining a threat to national security, linking the practice to organized crime, including money laundering and arms and fuel trafficking. So far this year, raids authorized by authorities on illegal mines have documented the seizure of heavy machinery and even a helicopter. The government has not given figures on the increase in illegal mining, nor the total number of hectares (acres) affected in the most affected areas, but it has described it is a growing activity.
☆ Coral reef discovered in Ecuador's Galapagos Islands
  + stars: | 2023-04-18 | by ( ) edition.cnn.com   time to read: +1 min
Quito, Ecuador Reuters —A scientific expedition has discovered a previously unknown coral reef with abundant marine life off Ecuador’s Galapagos Islands, the country’s environment ministry said on Monday. “A deepwater scientific expedition has found the first totally pristine coral reef, approximately two kilometers (1.2 miles) long, at 400 meters (deep), on the summit of a submarine mountain,” Environment Minister Jose Davalos said on Twitter. “Galapagos surprises us again.”Scientists had believed that the only Galapagos reef to survive El Nino weather in 1982 and 1983 was one called the Wellington reef, along the coast of Darwin Island, but the new discovery shows other coral has persisted, the ministry said in a statement. The South American country last year expanded the Galapagos marine reserve by 60,000 square kilometers (23,166 square miles), an extension of the 138,000 square kilometers already in place, to protect endangered migratory species between the Galapagos and the Cocos Island in Costa Rica. The Galapagos, which inspired Charles Darwin’s theory of evolution, are also home to giant tortoises, albatrosses, cormorants and other species, some of which are endangered.
☆ Chaos and intrigue reign in UK court fight over Castro-era Cuban debt
  + stars: | 2023-01-30 | by ( Michelle Caruso-Cabrera | ) www.cnbc.com   time to read: +5 min
The Cuban government and an investment firm are battling in a British court over decades-old debts racked up by the communist-run island nation. Kin Cheung | APIllegally recorded videos, chaotic protests and testimony from an imprisoned Cuban bank official marked the first week of a high-stakes trial in the UK High Court between Cuba and an investment fund. Adding to the intrigue: a court attendee who's a dead ringer for Raul Castro's son and Fidel Castro's nephew, Alejandro. Cuban officials say the man is just a press officer for the Cuban Embassy in the UK. Debt in distressDefaulted sovereign debt, like that of Cuba, trades on the secondary market.
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