Word: quito
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Dates: during 2000-2009
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...military drive against them, have increasingly begun to refine cocaine in Ecuador rather than just smuggling it. Ecuadorian police have discovered numerous drug labs near the borders with Colombia and Peru as well as on farms deep inside the South American country, including one just west of the capital, Quito. René Vargas Pazzos, a retired general and former ambassador to Venezuela, rented a farm to a FARC commander, the report says. As a result, Huerta warned that Ecuador faces the same corrosive influence from the drug trade that neighboring Colombia has suffered for decades...
...With reporting by Uki Goñi / Buenos Aires; Stephan Küffner / Quito; and Tim Rogers / Managua
...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...
...peppers his ministers with cell-phone calls, Correa backed new legislation designed to develop untouched deposits of gold and copper, angering indigenous groups and environmentalists. Communists rail against his introduction of testing of public-school teachers. "Correa isn't stupid," says analyst Margarita Andrade at Analytica Investments in Quito. "At the end of the day, he has been pragmatic." (Read about a lawsuit by Ecuadorians against oil giant Chevron...
...increased spending on the poor and the scrapping of some red tape for everyone else, including an end to Soviet-style exit permits the 14 million Ecuadorians previously needed to travel outside the country. "People believe in him," says political scientist Simón Pachano at FLACSO University in Quito. "His leadership, the economic situation to date and the breakdown of the old party system all favor...