Word: ecuador
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
That gloomy forecast reflected Somoza's growing diplomatic isolation as well as his deteriorating military position. The first setback came when the Andean Group (Ecuador, Peru, Bolivia, Colombia and Venezuela) abandoned its efforts to negotiate a truce in the latest flare-up of the 19-month-old civil war. Instead, the five countries declared that a "state of belligerency" existed in Nicaragua and that they considered the Sandinistas to be "a legitimate army." The declaration was designed to allow the group to supply arms to the rebels without violating international laws against intervention in the internal affairs of another...
...price at $14.55 per bbl, the notion sounds incredible. But not to oilmen. Items: when the Persian Gulf sheikdom of Abu Dhabi two weeks ago offered a shipment of high-grade, low-sulfur crude for sale at $40 per bbl., it found an immediate and eager buyer in Japan; Ecuador had no trouble getting $36 per bbl. in a sale of its own; Standard Oil Co. of Indiana admits difficulty in scraping up supplies for less than $35 per bbl. anywhere...
...Administration is, in effect, encouraging oil producers to raise their already extortionate crude prices all over again. After all, why not do so if the U.S. keeps coming up with fresh schemes for paying the money? That seemed OPEC's view, as its secretary general, Rene Ortiz of Ecuador, declared last week that he would like an increase of at least 25%, to a new base of $20 per bbl., when the cartel meets in Geneva on June...
Roldós' victory reflected weariness with the junta, which had run into difficulty controlling corruption, inflation, budget deficits and Ecuador's foreign debt. With Washington's approval, the junta consulted with every political faction in drawing up a new constitution that will become effective on Aug. 10. One major change: literacy will be abolished as a requirement for voting, which will add as many as 1 million peasants to the electorate...
...wants him to "clarify his political philosophy" before he takes office in August. The idea, explains Rear Admiral Victor Hugo Garcés, the Interior Minister, is to help the new President "not to go to any extremes." If the dialogue does not satisfy the generals, Ecuador's return to democracy could prove turbulent...