Word: ecuador
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...Ecuador's President, José Maria Velasco Ibarra, 78, holds a record of sorts; he has been elected five times since 1934, and has been ousted from power four times (he finished one term of office in the mid-1950s). Recently he called for free elections next June that would bring an end to his two-year dictatorship. But one night last week, the Ecuadorian army quietly deposed Velasco and sent him into exile, replacing him with a junta headed by General Guillermo Rodríguez Lara...
...yellowfin tuna are running good this year in the broad waters of the Humboldt Current off the coast of Ecuador, one of the richest fishing grounds in the world. Once again, as they have for more than a decade, U.S. fishermen and the Ecuadorian navy are squaring away for their annual squabble...
...dispute dates from 1952, when Ecuador, Chile and Peru signed the Declaration of Santiago, which reserved fishing privileges within a 200-mile offshore limit for their own citizens and for properly licensed foreign vessels. In the case of Ecuador, the license fee averages around $10,000 per boat, a reasonable enough sum since a single catch can be worth $225,000. But most nations, including the U.S. and the Soviet Union, observe a twelve-mile limit. They fear that the Santiago Declaration will set a precedent severely inhibiting free access to large sections of the seas. Already, half a dozen...
Frozen Aid. In retaliation, the Administration has cut off military sales and credits to Ecuador. That action led Ecuador to protest to the Organization of American States that the U.S. was employing illegal sanctions. In recent weeks, the San Diego based American Tunaboat Association, which does $20 million worth of fishing in Ecuadorian waters, has been badgering the White House in San Clemente and Washington to do something to protect American fishermen. At week's end, Meyer and President José Velasco Ibarra still had not reached an agreement, but the Ecuadorian Foreign Ministry said the talks would continue...
Guayaquil, Ecuador...