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<title><![CDATA[RSS for President Rafael Correa]]></title>
<description><![CDATA[Watch breaking news videos and read news updates about President Rafael Correa on FOXBusiness.com.]]></description>
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<title><![CDATA[Ecuador: President Send Urgent Reforms For Mining Law to Congress]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/16/ecuador-president-send-urgent-reforms-for-mining-law-to-congress/?]]></link>
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<pubDate><![CDATA[Thu, 16 May 2013 20:51:53 EDT]]></pubDate>
<description><![CDATA[The government of President Rafael Correa has sent to the National Assembly a bill to reform the country's mining law, that includes some changes requested by private investors.]]></description>
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<title><![CDATA[Ecuador Banks 1st-Quarter Profit Falls 42%, ROE Down]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/03/ecuador-banks-1st-quarter-profit-falls-42-roe-down/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/03/ecuador-banks-1st-quarter-profit-falls-42-roe-down/</guid>
<pubDate><![CDATA[Fri, 03 May 2013 11:23:26 EDT]]></pubDate>
<description><![CDATA[Net profits and return on equity of private banks in Ecuador fell sharply during the first quarter, which analysts say is a sign of a gradual deterioration in the business climate.]]></description>
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<title><![CDATA[Ecuador: $1 Billion Investment From Kinross Awaiting Legislative Reforms]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/05/ecuador-1-billion-investment-from-kinross-awaiting-legislative-reforms/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/05/ecuador-1-billion-investment-from-kinross-awaiting-legislative-reforms/</guid>
<pubDate><![CDATA[Fri, 05 Apr 2013 18:00:16 EDT]]></pubDate>
<description><![CDATA[Canadian gold-mining company Kinross Gold Corp. (KGC, K.T) is awaiting government reforms in Ecuador to develop its Fruta del Norte project, which will require an investment of at least $1 billion to build the mine.]]></description>
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<title><![CDATA[Southern Copper Plans to Invest in Ecuador Pending Reforms]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/04/03/southern-copper-plans-to-invest-in-ecuador-pending-reforms/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/04/03/southern-copper-plans-to-invest-in-ecuador-pending-reforms/</guid>
<pubDate><![CDATA[Wed, 03 Apr 2013 18:44:18 EDT]]></pubDate>
<description><![CDATA[Mining company Southern Copper Corp. (SCCO, SCCO.VL) is interested in investing in Ecuador to develop a copper deposit, but it is awaiting planned reforms to the current mining law.]]></description>
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<title><![CDATA[Ecuador's Banks' February Net Profit Falls 47% to $32.88 Million]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/03/20/ecuador-banks-february-net-profit-falls-47-to-3288-million/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/03/20/ecuador-banks-february-net-profit-falls-47-to-3288-million/</guid>
<pubDate><![CDATA[Wed, 20 Mar 2013 14:00:09 EDT]]></pubDate>
<description><![CDATA[QUITO, Ecuador--Combined profit for Ecuador's private banks fell about 47% in February to $32.88 million from $61.62 million registered one year earlier, the country's banking regulator said Wednesday.]]></description>
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<title><![CDATA[Ecuador Expects to End All Investment Treaties by May]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/03/15/ecuador-expects-to-end-all-investment-treaties-by-may/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/03/15/ecuador-expects-to-end-all-investment-treaties-by-may/</guid>
<pubDate><![CDATA[Fri, 15 Mar 2013 17:40:13 EDT]]></pubDate>
<description><![CDATA[QUITO, Ecuador--Ecuador expects to pull out of all its bilateral investment-protection treaties with different countries by May, a lawmaker of the ruling party said Friday.]]></description>
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<title><![CDATA[Ecuador seeks to end investment protection treaty with U.S.]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/03/11/ecuador-seeks-to-end-investment-protection-treaty-with-us/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/03/11/ecuador-seeks-to-end-investment-protection-treaty-with-us/</guid>
<pubDate><![CDATA[Mon, 11 Mar 2013 22:33:31 EDT]]></pubDate>
<description><![CDATA[Ecuador's socialist president Rafael Correa presented a bill on Monday asking lawmakers to annul an investment protection treaty with the United States, which would prevent U.S. companies from filing for arbitration against the Andean country.]]></description>
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<title><![CDATA[Ecuador Plans to Audit Bilateral Investment Treaties]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/03/11/ecuador-plans-to-audit-bilateral-investment-treaties/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/03/11/ecuador-plans-to-audit-bilateral-investment-treaties/</guid>
<pubDate><![CDATA[Mon, 11 Mar 2013 14:06:14 EDT]]></pubDate>
<description><![CDATA[QUITO, Ecuador--Ecuador plans to establish a commission to audit bilateral investment treaties and the international system for investment arbitration, President Rafael Correa said over the weekend, after harshly criticizing Chevron Corp. (CVX) and Occidental Petroleum Corp. (OXY).]]></description>
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<title><![CDATA[Ecuador Banks' January Net Profit Falls 35% To $20.16 Million]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/03/04/ecuador-banks-january-net-profit-falls-35-to-2016-million/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/03/04/ecuador-banks-january-net-profit-falls-35-to-2016-million/</guid>
<pubDate><![CDATA[Mon, 04 Mar 2013 15:06:47 EST]]></pubDate>
<description><![CDATA[QUITO, Ecuador--Combined profit for Ecuador's private banks fell 35% in January, to $20.16 million, from $30.99 million registered one year earlier, the country's banking regulator said Monday.]]></description>
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<title><![CDATA[Ecuador To Host ALBA Meeting On Opposing Corporate Lawsuits]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/03/01/ecuador-to-host-alba-meeting-on-opposing-corporate-lawsuits/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/03/01/ecuador-to-host-alba-meeting-on-opposing-corporate-lawsuits/</guid>
<pubDate><![CDATA[Fri, 01 Mar 2013 12:36:16 EST]]></pubDate>
<description><![CDATA[QUITO, Ecuador--Ecuador's Foreign Ministry said Friday that a number of Socialist nations grouped in an organization known as ALBA will hold an April meeting in Ecuador to discuss strategies on how to contest lawsuits made by multinational corporations.]]></description>
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<title><![CDATA[Ecuador's Correa Expected to Win Presidential Ballot]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/02/17/ecuador-correa-expected-to-win-presidential-ballot/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/02/17/ecuador-correa-expected-to-win-presidential-ballot/</guid>
<pubDate><![CDATA[Sun, 17 Feb 2013 18:44:10 EST]]></pubDate>
<description><![CDATA[Exit polls showed that Ecuadorian President Rafael Correa was re-elected with overwhelming support for a third term in Sunday's elections, an outcome that could result in more foreign oil and mining investment and, some worry, further curb media freedom in the small Andean country.]]></description>
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<title><![CDATA[Ecuador's 2012 Banking Sector Profit Down 21% to $312 Million]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/01/22/ecuador-2012-banking-sector-profit-down-21-to-312-million/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/01/22/ecuador-2012-banking-sector-profit-down-21-to-312-million/</guid>
<pubDate><![CDATA[Tue, 22 Jan 2013 14:27:33 EST]]></pubDate>
<description><![CDATA[QUITO, Ecuador--Combined profit for Ecuador's private banks fell 21% in 2012 due to a series of measures taken by President Rafael Correa's administration.]]></description>
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<title><![CDATA[Ecuador's President Says Chevron Needs to Abide by Court Ruling]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2012/12/04/ecuador-president-says-chevron-needs-to-abide-by-court-ruling/?]]></link>
<guid>http://www.foxbusiness.com/news/2012/12/04/ecuador-president-says-chevron-needs-to-abide-by-court-ruling/</guid>
<pubDate><![CDATA[Tue, 04 Dec 2012 15:05:13 EST]]></pubDate>
<description><![CDATA[Ecuadorean President Rafael Correa said Tuesday that Chevron Corp. (CVX) needs to abide by a court order requiring it to pay $19 billion to indigenous groups after it lost a suit involving environmental-damage claims in Ecuador.]]></description>
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<title><![CDATA[Ecuador January-September Trade Surplus $77 Million Vs Deficit A Year Ago]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2012/11/09/ecuador-january-september-trade-surplus-77-million-vs-deficit-year-ago/?]]></link>
<guid>http://www.foxbusiness.com/news/2012/11/09/ecuador-january-september-trade-surplus-77-million-vs-deficit-year-ago/</guid>
<pubDate><![CDATA[Fri, 09 Nov 2012 08:34:13 EST]]></pubDate>
<description><![CDATA[QUITO, Ecuador--Ecuador posted a trade surplus of $77 million in the first nine months of the year, compared with a deficit of $75 million a year earlier, the central bank reported.]]></description>
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<title><![CDATA[Ecuador Will Fight Not to Pay Occidental in Oil Dispute - President]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2012/10/14/ecuador-will-fight-not-to-pay-occidental-in-oil-dispute-president/?]]></link>
<guid>http://www.foxbusiness.com/news/2012/10/14/ecuador-will-fight-not-to-pay-occidental-in-oil-dispute-president/</guid>
<pubDate><![CDATA[Sun, 14 Oct 2012 23:54:30 EDT]]></pubDate>
<description><![CDATA[QUITO, Ecuador--Ecuador's President Rafael Correa said over the weekend that his government will fight not to pay Occidental Petroleum Corp. (OXY) compensation that was ordered by an international tribunal for canceling a contract in 2006.]]></description>
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<title><![CDATA[Ecuador Seeks Annulment of International Court Ruling in Occidental Case]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2012/10/10/ecuador-seeks-annulment-international-court-ruling-in-occidental-case/?]]></link>
<guid>http://www.foxbusiness.com/news/2012/10/10/ecuador-seeks-annulment-international-court-ruling-in-occidental-case/</guid>
<pubDate><![CDATA[Wed, 10 Oct 2012 14:53:42 EDT]]></pubDate>
<description><![CDATA[QUITO, Ecuador--Ecuador has officially requested the annulment of an international court ruling that ordered it to pay $1.77 billion, plus pre- and post-award interest, to Occidental Petroleum Corp.]]></description>
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<title><![CDATA[US Denies Assange Claims of Witch Hunt]]></title>
<link><![CDATA[http://www.foxbusiness.com/technology/2012/08/21/us-denies-assange-claims-witch-hunt/?]]></link>
<guid>http://www.foxbusiness.com/technology/2012/08/21/us-denies-assange-claims-witch-hunt/</guid>
<pubDate><![CDATA[Tue, 21 Aug 2012 01:47:02 EDT]]></pubDate>
<description><![CDATA[The U.S. on Monday denied Julian Assange's "wild assertions" that it has launched a witch-hunt for the WikiLeaks founder, who was holed up in Ecuador's embassy in London to avoid extradition.]]></description>
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<title><![CDATA[Ecuador Delays Decision On WikiLeaks' Assange]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2012/07/26/ecuador-delays-decision-on-wikileaks-assange/?]]></link>
<guid>http://www.foxbusiness.com/news/2012/07/26/ecuador-delays-decision-on-wikileaks-assange/</guid>
<pubDate><![CDATA[Thu, 26 Jul 2012 07:05:04 EDT]]></pubDate>
<description><![CDATA[Ecuador won't announce its decision on the political asylum request by WikiLeaks founder Julian Assange until after the Summer Olympic Games, state Newswires El Ciudadano said Wednesday.]]></description>
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<title><![CDATA[Ecuador Expects To Close Deal With Petrobras Over Assets In June]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2012/05/23/ecuador-expects-to-close-deal-with-petrobras-over-assets-in-june/?]]></link>
<guid>http://www.foxbusiness.com/news/2012/05/23/ecuador-expects-to-close-deal-with-petrobras-over-assets-in-june/</guid>
<pubDate><![CDATA[Wed, 23 May 2012 22:47:56 EDT]]></pubDate>
<description><![CDATA[Ecuador expects to close a deal with Brazilian energy giant Petroleo Brasileiro SA (PBR) in June over compensation for Petrobras's former assets in the Andean country, Minister of Nonrenewable Natural Resources Wilson Pastor said Wednesday.]]></description>
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<title><![CDATA[Ecuador, Petrobras Reach Agreement Over Oil Assets: Minister]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2012/04/30/ecuador-petrobras-reach-agreement-over-oil-assets-minister/?]]></link>
<guid>http://www.foxbusiness.com/news/2012/04/30/ecuador-petrobras-reach-agreement-over-oil-assets-minister/</guid>
<pubDate><![CDATA[Mon, 30 Apr 2012 20:06:18 EDT]]></pubDate>
<description><![CDATA[Ecuador's Minister of Nonrenewable Natural Resources Wilson Pastor said Monday that the administration of President Rafael Correa and Brazilian energy giant Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, have reached an agreement to pay the company about $217 million as compensation for the termination of its production-sharing deals in Ecuador."We have reached an agreement on the amount and the form of payment," said Pastor at a press conference.]]></description>
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