Tag Archives: Oil

As the weary titan stumbles, stealing Latin America becomes more difficult

By Glenn Stehle

Correa’s four foundational policies are expanded health care, expanded education, improved infrastructure, and encouraging entrepreneurs by reducing the time and cost of starting a business in Ecuador.

[….]

Ecuador needs the money that producing the Yasuni oil can provide.

–WILLIAM K. BLACK, “Why is the economist chortling over the prospect of oil pollution in Ecuador?”

That Ecuador’s President Rafael Correa proposes extracting primary materials to pay for his ambitious policies should come as no surprise.

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