Latest Ecuador Stories
NEW YORK, May 31, 2012 /PRNewswire/ -- A tough new 30-second radio radio spot called "Fix It", aimed directly at Chevron's refusal to remediate one of the largest man-made environmental catastrophes in recorded history, will debut next week in select U.S. markets. Radio ad available here: http://www.youtube.com/watch?v=rngQJoShvJY The ad, paid for by the Amazon Defense Coalition, and produced by the group You Break It You Fix It, compares Chevron's refusal to clean up its mess in...
Early exposure to microbes reduces inflammation related to chronic disease later American parents may want to think again about how much they want to protect their children from everyday germs. A new Northwestern University study done in lowland Ecuador remarkably finds no evidence of chronic low-grade inflammation -- associated with diseases of aging like cardiovascular disease, diabetes and dementia. In contrast, about one-third of adults in the United States have chronically...
TORONTO, May 30, 2012 /PRNewswire-USNewswire/ -- Villagers from Ecuador's rainforest today filed a lawsuit in Canada as the first step in forcing the company to comply with an $18 billion court judgment rendered in Ecuador and imposed to permit the clean-up of what experts believe is the largest oil disaster on the planet. The lawsuit, filed in the Superior Court of Justice in Ontario, (see here) targets Chevron and various subsidiaries that together hold significant assets in...
SAN RAMON, Calif., May 30, 2012 /PRNewswire-USNewswire/ -- Chevron CEO John Watson today suffered a stunning reprimand during a tense annual meeting when shareholders voted in massive numbers to support resolutions citing his failure to properly manage the company's $18 billion adverse judgment in Ecuador. Over 38% of shareholders, representing a whopping $73 billion worth of Chevron stock, supported a resolution to separate Watson's dual role of Board Chairman and CEO due in part to...
Rep from Brazil's Largest Union Denied Access to Meeting; No Mention of Brazil and Nigeria Liabilities; Record Votes for Separation of CEO and Chairman SAN RAMON, Calif., May 30, 2012 /PRNewswire-USNewswire/ -- Today, more than 150 protested at Chevron's annual shareholder meeting, joining a unique group of union members, shareholders and community leaders. Every year, Chevron faces opposition at its shareholder meeting, but today's drew a larger and more diverse crowd galvanized...
NEW YORK, May 28, 2012 /PRNewswire-USNewswire/ -- Only days before its annual shareholder meeting, forty Chevron investors with $580 billion in assets under management have demanded the oil giant settle the $18 billion environmental lawsuit brought by impoverished indigenous groups in the Ecuadorian rainforest almost two decades ago. The letter from the investors, sent last Friday, comes at a time of increasing pressure from shareholders on Chevron CEO John Watson for his...
NEW YORK, May 23, 2012 /PRNewswire-USNewswire/ -- An epic showdown between angry Chevron shareholders and notoriously short-tempered CEO John Watson over the company's $18 billion Ecuador liability is brewing just days before the company's annual meeting next week. Watson - who at the Chevron annual meeting in 2010 had five activists arrested after they challenged him on the Ecuador liability -- is facing a potential shareholder rebellion after two leading proxy advisory firms urged...
NEW YORK, May 17, 2012 /PRNewswire-USNewswire/ -- A new financial analysis has found that Chevron's $18 billion Ecuador environmental liability poses a threat of "irreparable damage" to the oil major's global operations if the plaintiffs make good on their promise to launch legal actions to enforce the judgment in countries where Chevron has billions of dollars in assets. The report, by social investment analyst Simon Billenness, notes that the long-running case (Aguinda v....
NEW YORK, May 14, 2012 /PRNewswire-USNewswire/ -- Chevron suffered two new legal setbacks today when a U.S. federal judge, who usually favors the company, rejected its attempt to attach the assets of the Ecuadorians and their counsel who won an $18 billion judgment for environmental damage and separately tossed out two fraud-related claims against an American lawyer, according to published court decisions. Judge Lewis A. Kaplan -- who for the last two years has almost uniformly...
NEW YORK, May 14, 2012 /PRNewswire-USNewswire/ -- Chevron now faces another headache over its $18 billion Ecuador judgments - this time from some of its own investors. A group of socially conscious shareholders led by the Unitarian Universalist Association have asked the Securities and Exchange Commission (SEC) to "make a determination" as to whether the oil giant has been violating disclosure obligations relating to the judgment. The request was made in a letter sent Friday to Mary...
Latest Ecuador Reference Libraries
The spectacled bear or the Andean bear (Tremarctos ornatus) is native to South America. This bear is locally known as jukumari, ukuko, or ucumari and is the only remaining species of short-faced bear existing today, making it the sole member of the sub-family Tremarctinae. The range of the spectacled bear includes western Venezuela, eastern Panama, Peru, Colombia, Ecuador, northwestern Argentina, and western Bolivia. It is only found in the Andes Mountains, but it is thought to be an...
The Magnificent Frigatebird (Fregata magnificens) was occasionally previously known as Man O’War or man of War, a reflection of its rakish lines, aerial piracy of other birds, and speed. It’s widespread in the tropical Atlantic, breeding colonially in the trees in Florida, the Caribbean and the Cape Verde Islands. In addition, it breeds along the Pacific coast of the Americas from Mexico to Ecuador including the Galapagos Islands, as well. It is known as a vagrant as far from its...
The Crested Eagle, (Morphnus guianensis), is a species of bird of prey found from Guatemala through Belize, Honduras, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Guyana, Suriname, French Guiana, Brazil, Ecuador, Peru, Paraguay, and Bolivia to north Argentina. In Brazil, this species has suffered greatly due to habitat destruction and is mostly found only in the Amazon basin in that region. In Ecuador it is mainly found in the Eastern Andean mountains. It is the only member of its...
The Red-throated Caracara, (Ibycter americanus), is a species of bird of prey in the Falconidae family. It is the only member of its genus Ibycter. It is sometimes incorrectly placed in the Daptrius genus with the Black Caracara. It is found in Bolivia, Brazil, Colombia, Costa Rica, El Salvador, Ecuador, French Guiana, Guatemala, Guyana, Honduras, Mexico, Nicaragua, Panama, Peru, Suriname, and Venezuela. The habitats of this social bird are subtropical and tropical moist lowland forests...
The Tawny-faced Quail (Rhynchortyx cinctus) is a species of bird in the Odontophoridae family. It is the only bird in its genus. It is found throughout Colombia, Costa Rica, Ecuador, Honduras, Nicaragua, and Panama. Its habitat includes subtropical or tropical moist lowland forests and subtropical or tropical moist mountain forests. Image Caption: Artistic Depiction of Male Tawny-faced Quail. Credit: Wikipedia (public domain)
