Topic: Ecuador
Credit Suisse-Ecuador Debt-for-Nature Swap Deal
Swiss bank Credit Suisse has bought Ecuadorian bonds worth 1.6 billion in a debt-for-nature swap. The deal will commit Ecuador to spending 18 million annually for the next...
Panantza-San Carlos Mining Project
The Ecuadorian Constitutional Court had halted the Panantza-San Carlos mining project in a ruling that favored an indigenous community’s rights to choose which activities can happen on their...
Ecuador’s New Species of Orchid
Researchers have discovered an astounding new species of orchid in the cloud rainforest of Northern Ecuador. Key Facts It has been scientifically named Maxillaria anacatalina-portillae. This plant is unique...
Ecuador Landslide
Between January 31 — February 1, 2022, heavy rainfall in Ecuador resulted into multiple landslides, mudflows and floods. Highlights A landslide in Quito in Ecuador took 23 life...
Ecuador: Emergency declared over crime wave
The South American Country, Ecuador, has declared a state of emergency because of crime wave. Key Points President of Ecuador, Guillermo Lasso, announced a 60-day state of emergency...
Guillermo Lasso: Ecuador’s first right-wing President in 14 years
Guillermo Lasso, a conservative, assumed presidency of Ecuador on May 24, 2021 and has become first right-wing leader in 14 years in Ecuador. Highlights Rejuvenation of an economy...
Sangay Volcano erupts with huge ash
The Sangay volcano of Ecuador was erupted on March 11, 2021 and it ejected the clouds of ash up to the height of 8,500 meters into the sky....
Indigenous People in Ecuador sue Government over Oil Spills
The indigenous people in Ecuador have sued their government and oil firms for the April oil spills into important rivers. About the Incident 2 oil pipelines had broken...
Traditional massage from Thailand gets UNESCO Heritage Tag
Nuad Thai is a traditional Thai massage which has been added to the prestigious Heritage list by UNESCO. Nuad Thai is regarded as part of the art, culture,...
World’s New Nation: Bougainville gains independence from Papua New Guinea
On December 11, 2019, the South Pacific Archipelago of Bougainville voted to become independent of Papua New Guinea. Around 98% of 1,81,067 voters voted to get independent from...
Ecuador to withdraw from OPEC in January 2020
Ecuador will withdraw from 14-nation Organization of the Petroleum Exporting Countries (OPEC) from 1 January 2020. The country stated its internal fiscal problems as the reason for the...
