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Ecuador

CALIFORNIA | LOCAL
March 13, 1997 | From Times staff and wire reports
A Spanish galleon that sank 352 years ago with a treasure of plundered gold has been discovered in 50 feet of "turbulent and silty" water off the coast of Ecuador, according to the project's Norwegian financiers. The Spanish naval flagship La Capitana Jesus Maria went down in 1645 with a cargo of gold, silver and jewels stolen from Indians in what is now Peru. The treasure is believed to be worth between $3.7 billion and $7.5 billion, according to news reports.
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NEWS
December 12, 1991 | Associated Press
U.S. Ambassador Paul C. Lambert, who called this a country plagued by corruption and excessive bureaucracy, has resigned, the U.S. Information Service said Wednesday. Lambert was not available for comment and no explanation was given for his decision.
SPORTS
June 25, 2006 | Chuck Culpepper, Special to The Times
Had England played Germany, as was possible for this round of 16, the hype might've rattled even ancient turtles on the Galapagos. Instead, England is playing the Galapagos, so in the run-up we've been all guinea pigs, race-walking and English referee angst. You know, fluff. England vs.
WORLD
August 26, 2005 | From Reuters
Protesters who had shut down oil exports vital to Ecuador's economy struck a deal with energy companies Thursday under which they will end their attacks in exchange for the firms' boosting investment in the poor communities where they operate. Negotiations had been snagged over a demand by the militant protesters that they not be prosecuted for dynamiting pipelines and vandalizing pumping equipment last week, said mediator Ramiro Gonzalez, prefect of Pichincha province.
WORLD
October 15, 2005 | From Associated Press
Former President Lucio Gutierrez, ousted from office in April, returned to Ecuador on Friday in a bid to regain power but was arrested moments after his plane landed. About 15 heavily armed police officers boarded the chartered aircraft Friday evening after it arrived in the western city of Manta from Bogota, Colombia, where Gutierrez had received asylum. He remained calm as he was led to another plane that took him to the capital, Quito.
ENTERTAINMENT
November 22, 2003 | Brenda Sempertegui, Reuters
Ecuador's baroque Rosary Chapel once housed exquisite 18th century paintings and sculptures. But today its walls are bare. A decade ago, the small church in the heart of Quito, Ecuador's colonial capital, lost seven paintings and two religious sculptures to art thieves who are making a fortune off this poor Andean nation's immense cultural wealth. "It's a double hit.
WORLD
January 26, 2007 | Chris Kraul, Times Staff Writer
Preliminary evidence points to pilot error as the cause of a helicopter crash Wednesday night that killed Ecuador's Defense Minister Guadalupe Larriva, her teenage daughter and five military personnel, officials in that country said Thursday. The death of the Cabinet member, a confidant of newly inaugurated socialist President Rafael Correa, has stunned the nation and stirred the already tense atmosphere surrounding the leader's struggle with Congress over his agenda to "reinvent" Ecuador.
BUSINESS
May 25, 2006 | From Reuters
Ecuadorean Energy Minister Ivan Rodriguez said the South American country would not take over Occidental Petroleum Corp.'s stake in the OCP pipeline, a day after the head of state oil company Petroecuador said it would seize that stake. "The OCP is a private investment of Occidental and therefore has nothing to do" with the annulment of the contract, Rodriguez told reporters. Shares of Westwood-based Occidental fell 20 cents to $93.87.
BUSINESS
August 24, 2004 | John O'Dell, Times Staff Writer
Occidental Petroleum Corp. said late Monday that the government of Ecuador was considering terminating the company's contract to drill in the country. The Ecuadorean field represents about 8% of Occidental's worldwide production and 4% of its proven reserves, company spokesman Lawrence Meriage said. The review of Westwood-based Occidental's 19-year-old drilling and exploration contract is based on Ecuadorean government allegations of an unspecified breach of contract, the company said.
WORLD
March 8, 2008 | Chris Kraul, Times Staff Writer
A Latin American border crisis triggered by the Colombian military's incursion into Ecuador to kill a rebel leader was apparently resolved Friday when Ecuadorean President Rafael Correa accepted his Colombian counterpart's apology and promise not to repeat the transgression.
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