Word: guayaquil
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Dates: during 1970-1979
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...army was apparently afraid that the winner of the election-and the next President-would be the radical, Syrian-born former mayor of Guayaquil, Assad Bucaram. But the generals may also have been lured by the spoils of office. Ecuador may eventually become Latin America's second largest oil producer (after Venezuela). The Trans-Andean pipeline goes into operation next June. President Velasco had already received $11 million from Texaco-Gulf in advance royalties. He had also signed a secret decree giving the military half the total oil royalties. Now, for the time being at least, the army will...
...Guayaquil, Ecuador...