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By Shannon at 02/27/07 23:14
President Rafael Correa declared a national road emergency and has order the Army to use the money originally destined to honor foreign debt to begin construction instead. Correa fully believes that Armed Forces in times of peace should be helping social and economic development.Original source: Merco Press. [404 Check: was link to http:/ / www. mercopress. com/ vernoticia. do?id=9952&formato=HTML, anchor: Ecuador to repair roads system with funds to repay creditors ] Tags: economy •
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By Shannon at 02/27/07 22:50
Ecuador insists that the European Union (EU) import barriers are still too high and have stepped up its fight. One Ecuadorian diplomat stated that Ecuador believes the talks are not going anywhere and even though the case was brought against the EU in the 1990's they remained willing to negotiate.Original source: Business Day. Ecuador seeks WTO ruling on EU banana duties Tags: economy •
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