Word: guayaquil
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Recent history pitted Correa directly against the Bush Administration. The fiery economist from Guayaquil has wielded not just leftist rhetoric but also leftist policies, railing against foreign and domestic corporations. In December, he defaulted on $3.2 billion in foreign bonds, close to a third of the country's foreign debt, citing evidence that they were "illegal" and "illegitimate." "We're living a process of change that we hadn't seen before," said Fernando Cabrera, 55, a financial analyst, at Correa's victory rally in Quito. "He is breaking down archaic structures set up by the economic upper class...
...Little Havana, where it's easy to get shouted down if you don't embrace the Republican preferences of the conservative Cuban exile community. But in recent years the demographics of working-class Little Havana have been changing dramatically - and non-Cuban Latinos like Basurto, who hails from Guayaquil, Ecuador, don't feel so much like the minority they were when he arrived in this country a decade ago. Basurto, in fact, has been feeling so emboldened of late that he went ahead and got his U.S. citizenship this year - and registered to vote the same...
When Melecio Penafiel wanted to expand his tailoring shop in Guayaquil, Ecuador, last May, he didn't go to the bank or ask his relatives for help. His seed money arrived via the Internet. Using the website Kiva.org a Bay Area software engineer named Nathan Folkert lent Penafiel the $500 he needed to buy two new sewing machines, fabrics and thread for higher-quality suits. Folkert has never met Penafiel but says making the loan "felt like I was giving him a shot at the American Dream...
...import from South America. (A Frenchman reportedly opened the first chocolate-drinking house in London in 1657.) As reimagined for 21st century America, the lounges--there are now dozens in the U.S.--range from elegant Continental-style establishments like Manhattan's La Maison du Chocolat, where a cup of Guayaquil or Caracas hot cocoa sets you back $7, to the more mass-market Ethel's Chocolate Lounges, created by Mars Inc., the U.S.'s No. 2 candy vendor. Mars has launched three Ethel's in Chicago this year and plans on three more by the end of summer. Indiana-based...
...ecstatic Vargas promptly flew to the port city of Guayaquil. Said he: "I am at your orders, Mr. President." The general was placed in custody and then held at the Mariscal Sucre Air Base outside the capital. The government, meanwhile, was vague about whether Piņeiros and Albuja had actually left their posts. That prompted sympathetic officers at the air base to free Vargas, who declared that he had been double-crossed by the President. Thus began a second rebellion. Vargas threatened to march on the presidential palace. Before a cheering audience of 600 supporters outside the air base...