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Ecuadoreans will vote on Sunday in a referendum that could give their center-right president greater powers to combat drug-related gang violence and also gauge how he would fare in his bid for re-election next year. President Daniel Noboa, the 36-year-old heir to a banana empire, took office in November after an election season focused on drug-related gang violence, which has surged over the past five years to levels not seen in decades. In January, he declared an “internal armed conflict” and directed the military to “neutralize” the country’s roughly two dozen gangs, which the government labeled “terrorist organizations.” The drastic move allowed soldiers to patrol the streets and prisons, many of which have come under gang control. Two weeks ago, Mr. Noboa took the extraordinary step of arresting an Ecuadorean politician facing a prison sentence who had taken refuge at the Mexican Embassy in Quito, in what experts called a violation of an international treaty on the sanctity of diplomatic posts. The move drew widespread condemnation across the region.
Persons: Ecuadoreans, Daniel Noboa, Noboa Locations: Mexican, Quito
The possibility that Julian Assange, the WikiLeaks founder, could be extradited to the United States seemed to edge closer on Tuesday, after American officials sent assurances to British authorities that he would not face the death penalty or be persecuted for his nationality, and that he could seek First Amendment protections. The assurances were the latest turn in a prolonged legal battle over the extradition of Mr. Assange, who has been indicted by the United States for violating the Espionage Act by publishing classified documents. Mr. Assange, 52, was the head of WikiLeaks in 2010 when it published tens of thousands of classified military and diplomatic documents leaked by Chelsea Manning, an Army intelligence analyst. He has been held in a high-security British prison since the charges were filed in 2019. The charges raised questions about First Amendment issues, and some saw them as a threat to press freedom.
Persons: Julian Assange, Assange, Biden, Assange’s, Chelsea Manning Organizations: WikiLeaks, British, Embassy Locations: United States, Australia, U.S, London
Ecuador's President Daniel Noboa during his inauguration at the National Assembly in Quito on November 23, 2023. A close ideological ally of Correa, Lopez Obrador had since December allowed Glas to live at the Mexican embassy—territory that is technically off limits for local authorities. Lopez Obrador last week seemed to criticize the election that brought Noboa to power, suggesting the climate of fear created by Villavicencio’s murder had favored Noboa. President of Mexico Andres Manuel Lopez Obrador speaks during a briefing at Palacio Nacional on March 12 in Mexico City. Hector Vivas/Getty ImagesWhile Lopez Obrador is at the sunset of his political career, Noboa is just getting started and seeks a strong platform to run for re-election next year.
Persons: , , Jorge Glas, Ecuador’s, Daniel Noboa, Andres Manuel Lopez Obrador, Noboa, Guillermo Lasso, Fernando Villavicencio, Alfredo ‘ Fito ’ Macias, RODRIGO BUENDIA, Glas, Rafael Correa, Lopez Obrador, Evo Morales, Peru’s Pedro Castillo, Correa, Villavicencio’s, Santiago Orbe, ” Orbe, Mexico Andres Manuel Lopez Obrador, Hector Vivas, Emilio Lezama, Bukele, Latinobarometro, It’s, it’s Organizations: Bogota CNN —, Colombian, National, Getty, Ecuadorian, CNN, Palacio Nacional, International Court of Justice Locations: Bogota, America, Guyana, Quito, Mexican, Mexico, Latin America, AFP, Ecuador, Glas, Vienna, Ukraine, Mexico City, El, El Salvador
Authorities found a former Ecuadorean vice president, Jorge Glas, in a “deep self-induced coma” in jail on Monday, just days after he was captured by the police in a dramatic arrest inside the Mexican embassy in Quito. Mr. Glas ingested anti-depressants and sedatives, according to a police report, and was being transferred to a military hospital for observation. The former vice president faces a charge of embezzlement in Ecuador, and he had sought refuge in the Mexican embassy in an attempt to avoid arrest. He became the subject of a diplomatic scuffle last week when police in Quito entered the embassy and successfully captured him, eventually transferring him to a detention center in the large port city of Guayaquil. A 1961 diplomatic treaty says that governments cannot enter foreign embassies without permission from the embassy’s host country, establishing a line that has been crossed only on rare occasions.
Persons: Jorge Glas, Glas Locations: Mexican, Quito, Ecuador, Guayaquil
Ecuadorean police officers entered the Mexican embassy in Quito on Friday night to arrest Ecuador’s former vice president who had taken refuge there, prompting Mexico to suspend bilateral relations. Jorge Glas, the former vice president, had been sentenced to prison and there was a warrant out for his arrest before Mexico granted him asylum, Ecuador’s presidential office said in a statement announcing the arrest. Mr. Glas had lived at the embassy since December and was granted political asylum earlier on Friday. The statement said that “no criminal can be considered politically persecuted.”The statement, from the office of President Daniel Noboa, added that the arrest had gone forward because Mexico had abused the immunities and privileges granted to the diplomatic mission and that Mr. Glas’s asylum was given “contrary to the conventional legal framework.”Shortly after the arrest, Mexico’s president, Andrés Manuel López Obrador, issued a statement saying that the arrest was a “flagrant violation of international law and the sovereignty of Mexico,” and that the Ecuadorean police had entered the embassy forcibly.
Persons: Ecuador’s, Jorge Glas, Glas, Daniel Noboa, Andrés Manuel López Obrador Locations: Quito, Mexico
CNN —A rift between Mexico and Ecuador is growing, with a series of diplomatic provocations this week that culminated in Ecuador rejecting Mexico’s ambassador to the country, and Mexico announcing that it would offer asylum to a wanted Ecuadorean politician. Mexican Ambassador Raquel Serur Smeke was declared “persona non grata” in Ecuador on Thursday after Mexico’s President Andres Manuel Lopez Obrador appeared to criticize Ecuador’s recent elections. Ecuador’s 2023 run-off vote took place in a “very strange” manner, Lopez Obrador said, suggesting that presidential candidates used the media, candidate Fernando Villavicencio’s assassination, and overall violence in their favor while campaigning. In a statement posted on X, Ecuador’s Foreign Ministry called Lopez Obrador’s comments “unfortunate” and said the country is still mourning Villavicencio’s assassination. It also reiterated its focus on ensuring “respect for the dignity and sovereignty of the Ecuadorian State” and “non-intervention in the internal affairs of other States.”President Andres Manuel Lopez Obrador is speaking at the morning conference in front of reporters at the National Palace in Mexico City, Mexico, on April 3, 2024.
Persons: Raquel Serur Smeke, Andres Manuel Lopez Obrador, Ecuador’s, Lopez Obrador, Fernando Villavicencio’s, Lopez, Villavicencio’s, Solrac Santiago, Jorge David Glas Espinel, Gabriela Sommerfield, ” Glas, Rafael Correa, Glas Organizations: CNN, Ministry, Ecuadorian State, Mexican Foreign Ministry, Ecuador’s, Reuters Locations: Mexico, Ecuador, Mexican, Mexico City, Quito
Cinnamon-flavored applesauce pouches sold in grocery and dollar stores last year poisoned hundreds of American children with extremely high doses of lead, leaving anxious parents to watch for signs of brain damage, developmental delays and seizures. The Food and Drug Administration, citing Ecuadorean investigators, said a spice grinder was likely responsible for the contamination and said the quick recall of three million applesauce pouches protected the food supply. Children in 44 states ate the tainted applesauce, some of which contained lead at extraordinarily high levels. and a food-safety law that gives companies, at home and abroad, wide latitude on what toxins to look for and whether to test. “Largely, the food supply regulatory system is based on an honor system.”
Persons: , Neal Fortin Organizations: Drug Administration, The New York Times, Institute for Food Laws, Michigan State University,
Macías’ prison cell is seen in these videos filmed by members of the military last year. Los Choneros and their main rival, Los Lobos, are believed to be allied with Mexican drug cartels in a war for dominance over Ecuador’s drug trade. Los Lobos saw an opening amid a violent power struggle in Los Choneros when Macías became its leader in 2020, say experts. In a music video shared online last year, the Los Choneros leader can be seen petting a rooster, apparently inside Guayaquil prison complex. But the press secretary of Ecuador’s president reckons the Los Choneros leader was told about an impending prison transfer.
Persons: José Adolfo Macías, Adolfo Macias, Fito, , Pablo Escobar, Macías, ” Jean Paul Pinto, Glaeldys, Julio Cesar Ballesteros, SNAI, Lenín Moreno, Ballesteros, Diana Salazar, , ” Jeremy McDermott, it’s, Choneros, González, Mariachi Bravo, Macías ’, Michelle, Bravo, Fito ’, Daniel Noboa, Noboa, Patricia Bullrich, reckons, ” Roberto Izurieta, jailbreak, Fabricio Colón Pico, Ecuador’s Organizations: CNN, Ecuadorean, Forces, Ecuadorean Armed Forces, AFP, roosters, Prisons, Crisis, Los, Los Lobos, US Treasury Department, Ecuavisa, Marriott, Argentina’s, Argentine, Teleamazonas, Police Locations: La Regional, Colombian, Latin America, Ecuadorian, Ecuador, Colombia, SNAI, America, Americas, Los Lobos, Mexican, Choneros, Guayaquil, Guayaquil –, Argentine, Córdoba, Argentina, CNN Ecuador
Suddenly, residents, including Camille and Diego, found themselves seeking a safe place for themselves and their loved ones. Ecuadorean Police/Handout via ReutersHours after terror broke out in Guayaquil, President Daniel Noboa took an unprecedented step. Noboa, who had only been inaugurated two months earlier, declared an “internal armed conflict” in the country and ordered Ecuador’s armed forces to “neutralize” the members of more than 20 gangs, which he labeled as terror groups. Since then, Ecuador’s national police and armed forces have been carrying out raids of homes of those with suspected ties to terror groups. Experts warn that Ecuador’s terror groups are aligned with a wider criminal network, including the notorious Sinaloa Cartel out of Mexico, complicating Noboa’s attempts to “neutralize” criminal groups operating within his borders.
Persons: Ecuador CNN — Camille Gamarra, Diego Gallardo, Camille, Diego, , ’ ” Camille, ” Camille, – José Adolfo Macías, ” –, Jose Adolfo Macias, Daniel Noboa, they’ve, , Jaime Vela Erazo, Fito, Sean Walker, Noboa, CNN’s Christiane Amanpour, It’s, Carlos Jimenez, ” Jimenez, Jimenez, he’s, “ I’ve, I’ve, “ I’m, Noboa’s, Cesar Suarez Organizations: Ecuador CNN, Ecuadorean Police, Handout, Reuters, CNN, Joint Command, Ecuador’s Armed Forces, Colombian, RCN, Residents, TC Television Locations: Guayaquil, Ecuador, Peru, Colombia, United States, Europe, Sinaloa, Mexico, Aire, Golfo
Ecuador Police Destroy Over 20 Metric Tons of Cocaine
  + stars: | 2024-01-25 | by ( Jan. | At P.M. | ) www.usnews.com   time to read: 1 min
QUITO (Reuters) - Ecuadorean Police on Thursday destroyed some 21.5 metric tons of cocaine which they seized over the weekend as part of a military offensive declared by the government to combat organized crime. The drugs were found on Sunday stored in hundreds of blocks in storage space built under a pig farm located in the city of Vinces, officials said. Authorities used a technique known as encapsulation to destroy the drug, pulverizing the seized blocks with waste before mixing the resulting fine powder with cement, sand and glass. The method prevents cocaine from contaminating the environment or being recovered, authorities say. (Reporting by Tito Correa and Karen Toro; Writing by Oliver Griffin; editing by Jonathan Oatis)
Persons: Tito Correa, Karen Toro, Oliver Griffin, Jonathan Oatis Organizations: Ecuadorean Police, Authorities Locations: QUITO, Vinces
QUITO (Reuters) - Ecuador's police on Monday said they have captured the leader of Colombian armed group Oliver Sinisterra and that Ecuadorean authorities will return him to Colombia. News of the capture comes amid a military offensive launched by Ecuador's government to combat criminal gangs. "An immigration hearing will be held so that he can be expelled from Ecuador and sent to Colombia," Ecuador police commander Cesar Zapata told reporters. Oliver Sinisterra is a faction of the Segunda Marquetalia group of dissident rebels of the now-demobilized Revolutionary Forces of Colombia (FARC) which abandoned a 2016 peace deal with the state. The Oliver Sinisterra front operates in Colombia's Narino province and Ecuador's Esmeraldas province.
Persons: Oliver Sinisterra, Daniel Noboa, Carlos L, El Gringo, Cesar Zapata, Zapata, Alexandra Valencia, Luis Jaime Acosta, Oliver Griffin, Marguerita Choy Organizations: Colombian, Segunda Marquetalia, Revolutionary Forces of Locations: QUITO, Colombian, Colombia, Imbabura, Ecuador, San Lorenzo, Revolutionary Forces of Colombia, Colombia's Narino, Ecuador's Esmeraldas
Ecuadorean Prosecutor Killed by Gang, Two Arrested -Police
  + stars: | 2024-01-18 | by ( Jan. | At P.M. | ) www.usnews.com   time to read: +3 min
By Yury Garcia and Alexandra ValenciaGUAYAQUIL/QUITO (Reuters) -Two suspects have been arrested in connection with the murder of Ecuadorean prosecutor Cesar Suarez who was allegedly targeted by a gang, police said on Thursday, as security forces continued interventions in prisons. Incidents this month have included an attack by armed gunmen on the TC television station, the hostage-taking of more than 200 prison staff and the kidnapping of police officers. Suarez was in charge of investigating the television station attack, when journalists and others were briefly held hostage, as well as cases connected to corruption and drug trafficking, Herrera said. Police detained 13 people, including two minors, in connection with the television station attack. Ecuadorean bonds continued to rise on Thursday on views the crisis could become a catalyst for policy action.
Persons: Yury Garcia, Alexandra Valencia, Cesar Suarez, Daniel Noboa, Suarez, Victor Herrera, Herrera, Adolfo Macias, Ecuadorean, Rodrigo Campos, Julia Symmes Cobb Organizations: Alexandra, Alexandra Valencia GUAYAQUIL, TC, Police, Security Locations: QUITO, Ecuador, Guayas province, Guayaquil, America, Quito, New YorkWriting
QUITO (Reuters) - Ecuadorean prosecutor Cesar Suarez, who focused on pursuing organized trans-national crime in Guayas province, one of the country's most violent areas and the site of an on-air attack on a television station last week, has been killed, the attorney general said on Wednesday. In response President Daniel Noboa declared a 60-day state of emergency, including a nighttime curfew, and designated 22 criminal groups as terrorist organizations. "The criminals, the terrorists, will not hold back our commitment to Ecuadorean society," attorney general Diana Salazar said in a video posted to social media. "We call on the forces of order to guarantee the security of those who are carrying out their duties." Her office was conducting a preliminary investigation at the site of the killing, Salazar said, expressing her grief for Suarez's family but giving no further details about the crime.
Persons: Cesar Suarez, Daniel Noboa, Diana Salazar, Salazar, Alexandra Valencia, Julia Symmes Cobb Organizations: TC Television Locations: QUITO, Guayas province, Ecuador, Guayaquil
CNN —An Ecuadorean prosecutor, who was reportedly leading an investigation into an attack on a local TV network, was assassinated on Wednesday in Guayaquil, according to Ecuador’s Attorney General Diana Salazar. Cesar Suarez was killed in the northern part of the city, known for being one of the most violent cities in the country. The TV station attack led Noboa to declare an “internal armed conflict” in the country, ordering security forces to “neutralize” several criminal groups accused of spreading extreme violence in the Latin American nation. Since then, Ecuadorian military and police have spread throughout the city of Guayaquil, a CNN team on the ground witnessed. This comes as rival criminal organizations fuel Ecuador’s worsening security situation in their battle to control drug trafficking routes.
Persons: Diana Salazar, Cesar Suarez, Salazar, Suarez, , ” Salazar, , Daniel Noboa, Adolfo “ Fito ” Macias, Oliver, Noboa, “ Leo Organizations: CNN, Ecuavisa, TC Television, United, Ecuadorian, Ecuador’s Armed Forces Locations: Guayaquil, Guayas, Ecuadorian, Ecuador, Fito, Mexico, United States, Sinaloa, Colombia, Los Tiguerones, Victoria del, , Peru, Europe
QUITO (Reuters) - Ecuador's police and military on Sunday were aiming to restore order inside the country's dangerous prisons where dozens of staff were held hostage by inmates amid an uptick in violence in the Andean nation. Images on social media shared by Ecuadorean armed forces showed shirtless prisoners on their knees with hands on their heads as armed soldiers entered the seven jails that were the scenes of a hostage crisis that ended Saturday evening. Security forces were conducting searches and regaining control of the prisons, the military said. We are doing so in a very calm manner," Norman Cano, police chief at the Esmeraldas prison, said on social media. The hostages, which the SNAI prison agency previously said were 158 guards and 20 administrative staffers, were held since last Monday in at least seven prisons before they were freed.
Persons: Norman Cano, Daniel Noboa's, Alexandra Valencia, Cassandra Garrison, Mark Porter Organizations: Security Locations: QUITO
Under an elevated subway track in Queens, Victor José Hernández was whipping up the pepitos that he had perfected at a street cart in Caracas, Venezuela. Just steps away, an Ecuadorean restaurant now displays a big Venezuelan flag and offers karaoke with Venezuelan love songs. And the line for arepas and cachapas (sweet corn cakes) spills out the door of a Venezuelan cafe. Though New York City was built on immigrant neighborhoods — Chinatown, Curry Hill, Little Italy and Little Haiti, among many others — it has never had a Venezuelan neighborhood. Historically, the city’s Venezuelan population was tiny and overshadowed by much larger Hispanic groups, including Puerto Ricans and Dominicans, immigration experts said.
Persons: Victor José Hernández Organizations: New, Puerto Ricans Locations: Queens, Caracas, Venezuela, Roosevelt, Jackson Heights, Elmhurst, Corona, Venezuelan, Little Venezuela, New York City, Curry Hill, Little Italy, Little Haiti
[1/4] An illegal money changer checks old U.S. dollars at a marketplace in Harare, Zimbabwe, November 26, 2020. The government reintroduced the local currency in 2019, but it rapidly lost value. Zimbabwe's dollarization story is as full of warnings as it is with promise. During the five years before dollarization in 2000, the monthly measure of annualized inflation averaged 33% in Ecuador. "With our local currency we couldn't buy anything, it was very expensive to acquire things, so dollarization ... allowed people to have greater security in their purchases."
Persons: Javier Milei, Milei, Zimbabwe's, Bongiwe Mudau, Dollarization, dollarization, Mudau, Moses Mhlanga, Nestor Cerneaz, Wilson Andrade, Juan Carlos Villota, Guido Puig, Tito Correa, Nyasha, Miguel Lo Bianco, Rodrigo Campos, Adam Jourdan, Karin Strohecker, Rosalba O'Brien Organizations: REUTERS, Philimon, Rights, U.S ., Reuters, International Monetary Fund, hawker, Reuters Graphics Reuters, dollarization, Thomson Locations: Harare, Zimbabwe, Philimon Bulawayo, Rights QUITO, HARARE, BUENOS AIRES, Zimbabwe's, Quito, Ecuador, Argentina, El Salvador, greenbacks, Buenos Aires, Argentine, New York
[1/2] Ecuador's President Daniel Noboa signs first decrees to appoint ministers, at the Presidential Palace (Palacio de Carondelet) on the day of his swearing-in ceremony, in Quito, Ecuador November 23, 2023. REUTERS/Karen Toro Acquire Licensing RightsQUITO, Nov 23 (Reuters) - Business heir and former legislator Daniel Noboa was sworn in as Ecuador's new president on Thursday, pledging to reduce violence and create jobs via urgent legislative reforms. Noboa will serve as president for just 17 months, finishing predecessor Guillermo Lasso's term after Lasso brought forward elections to avoid likely impeachment. DEBT AND SECURITYThough most of Noboa's cabinet was sworn in later on Thursday, the young president did not appoint a minister of economy and finance, leaving the position vacant. Noboa is the son of Alvaro Noboa, a powerful banana baron billionaire who repeatedly failed to win Ecuador's presidency.
Persons: Daniel Noboa, Karen Toro, Fernando Villavicencio, Noboa, Guillermo Lasso's, Lasso, Sariha Moya, Rafael Correa, Alvaro Noboa, Lavinia Valbonesi, Alexandra Valencia, Julia Symmes Cobb, Oliver Griffin, Marguerita Choy, Bill Berkrot Organizations: Carondelet, REUTERS, Rights, National Assembly, El, Social Christian Party, Citizens, Ecuador's, Thomson Locations: Quito, Ecuador, Rights QUITO, American, Noboa, Europe
Tysers Insurance Brokers will pay a $36 million criminal penalty, while H.W. Wood will only pay a $508,000 penalty due to its financial condition, the Justice Department said. Photo: Jose Luis Magana/Associated PressThe Justice Department has settled with two U.K.-based reinsurance brokers that admitted to participating in a scheme to bribe Ecuadorean government officials. Tysers Insurance Brokers and H.W. Wood have agreed to enter into three-year deferred prosecution agreements filed in the Southern District of Florida.
Persons: Wood, Jose Luis Magana Organizations: Tysers, Justice Department, Associated Press The Justice, Tysers Insurance, Southern District of Locations: H.W, Southern District, Southern District of Florida
Members of Ecuador's National Assembly take part in a session, the first since President Guillermo Lasso dissolved the assembly, to elect a new head of the legislature, in Quito, Ecuador November 17, 2023. The legislature was dissolved in May by outgoing President Guillermo Lasso to avoid his own likely impeachment, bringing forward legislative and presidential elections scheduled for 2025. Analysts say the coalition could help Noboa ensure he is able to govern - unlike his predecessor Lasso - during his truncated term. Noboa, who won a runoff election in October to beat Correa's protégé Luisa Gonzalez, will be sworn in next week. Reporting by Alexandra Valencia; Writing by Oliver Griffin; Editing by Richard ChangOur Standards: The Thomson Reuters Trust Principles.
Persons: Guillermo Lasso, Karen Toro, Daniel Noboa, Rafael Correa, Henry Kronfle, Noboa, ADN, Alfredo Espinosa, Fernando Villavicencio, Correa, Correa's protégé Luisa Gonzalez, Alexandra Valencia, Oliver Griffin, Richard Chang Organizations: Ecuador's National, REUTERS, Rights, National, Social Christian Party, PSC, Noboa's National Democratic, Thomson Locations: Quito, Ecuador, Rights QUITO
Ecuador's incoming president picks new finance chief
  + stars: | 2023-11-06 | by ( ) www.reuters.com   time to read: +2 min
Noboa, 35, has pledged to rebuild the South American country's ailing economy, create jobs and work to quell rising crime and violence largely blamed on organized crime. Moya will serve in a cabinet that the incoming president has pledged will feature an equal number of women and men. Noboa faces the challenge of a local economy that has struggled since the coronavirus pandemic, pushing thousands of Ecuadoreans to migrate. In October's run-off election, Noboa won about 52% of the vote, besting leftist adversary Luisa Gonzalez's 48% support. Reporting by Yury Garcia in Guayaquil; Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.
Persons: Daniel Noboa, Guillermo Lasso, Noboa, Karen Toro, Sariha Moya, Moya, Luisa Gonzalez's, Yury Garcia, Sandra Maler Organizations: Ecuadorian, REUTERS, Rights, Thomson Locations: Quito, Ecuador, Rights GUAYAQUIL, Noboa, United States, Guayaquil
Colombia to send energy to drought-stricken Ecuador
  + stars: | 2023-10-29 | by ( ) www.reuters.com   time to read: +1 min
[1/2] View of the installations of Ecuador's hydroelectric power station Coca Codo Sinclair in Napo, Ecuador June 1, 2018. Ecuadorean President Guillermo Lasso said Colombia would provide 450 megawatts, helping Ecuador fill a 650-megawatt deficit due to low-producing hydro-electric plants amid the worst drought in 50 years. The drought, which the government attributes to the El Nino weather pattern, has affected the eastern and southern regions where 90% of Ecuador's hydro-electric plants operate. The countries are evaluating payment options, including Ecuador potentially providing energy to Colombia once its drought ends. "We're going to fill the deficit of Ecuador's energy demand," Petro said.
Persons: Sinclair, Daniel Tapia, Guillermo Lasso, Gustavo Petro, Lasso, Petro, Alexandra Valencia, Luis Jaime Acosta, Daina Beth Solomon, Raju Gopalakrishnan Organizations: REUTERS, Rights, El, Colombian, Thomson Locations: Napo, Ecuador, Rights BOGOTA, Colombia, Bogota, Peru, Guayaquil
Colombia to Send Energy to Drought-Stricken Ecuador
  + stars: | 2023-10-28 | by ( Oct. | At P.M. | ) www.usnews.com   time to read: +1 min
BOGOTA (Reuters) - Colombia will sell geothermal energy to Ecuador to help the neighboring country avoid electricity cuts brought about by severe drought, the presidents of both countries said Saturday. Ecuadorean President Guillermo Lasso said Colombia would provide 450 megawatts, helping Ecuador fill a 650-megawatt deficit due to low-producing hydro-electric plants amid the worst drought in 50 years. The countries are evaluating payment options, including Ecuador potentially providing energy to Colombia once its drought ends. Lasso said Peru would export another 50 megawatts to Ecuador, and Guayaquil business leaders with thermal plants have the ability to provide another 100 megawatts. "We're going to fill the deficit of Ecuador's energy demand," Petro said.
Persons: Guillermo Lasso, Gustavo Petro, Lasso, Petro, Alexandra Valencia, Luis Jaime Acosta, Daina Beth Solomon, Raju Gopalakrishnan Organizations: El, Colombian Locations: BOGOTA, Colombia, Ecuador, Bogota, Peru, Guayaquil
"We do not anticipate the Noboa administration will be in the position to carry out deep structural reforms." Noboa is set to take office in December and complete the current administration's term through May 2025. Noboa will need to ensure some quick security wins during his first 90 days in office to appease social and political pressures, JPMorgan added. Noboa, Ecuador's youngest president in recent history, would be able to run again in the regularly scheduled 2025 contest. Noboa made a special point to woo young people, with some supporters touting his victory as a fresh start for the country's politics.
Persons: Daniel Noboa, Noboa, Luisa Gonzalez, Rafael Correa, Ecuadorean, Goldman Sachs, Fernando Villavicencio, Alvaro, Guillermo Lasso, Lasso, Alexandra Valencia, Rodrigo Campos, Julia Symmes Cobb, Gerry Doyle, Jonathan Oatis Organizations: Wall Street, JPMorgan, El, National Democratic Action, Thomson Locations: QUITO, American, Ecuador, Quito, Ecuador's
PoliticsCandidates vote in Ecuador's presidential electionPostedEcuadorean presidential hopefuls and rivals Luisa Gonzalez and Daniel Noboa cast their ballots on Sunday (October 15) as the country faces a tight presidential race.
Persons: Luisa Gonzalez, Daniel Noboa
Total: 25