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Can Latin America and the Caribbean Trust China as a Business Partner? - Vimarsana News

Can Latin America and the Caribbean Trust China as a Business Partner?

A lack of due diligence, corruption, and a disregard for indigenous rights and the environmental have characterized many Chinese infrastructure projects in the region.

Ecuador decrees oil production under 'force majeure' - Vimarsana News

Ecuador decrees oil production under 'force majeure'

The Government of Ecuador has declared a situation of force majeure for the country's oil sector due to the effects of erosion in the Coca River, one of the tributaries of the Amazon basin.

Ecuador to spend $80 mln on thermal power stations as erosion threatens hydro plant - Vimarsana News

Ecuador to spend $80 mln on thermal power stations as erosion threatens hydro plant

Ecuador's state-run power company CELEC said on Thursday it will spend $80 million to repair idle thermal power plants to prepare them to provide backup electricity supply, as raging river erosion threatens its massive Coca Codo Sinclair hydroelectric plant.

Specialists from the United States Army Corps of Engineers begin inspection of the area of regressive erosion in the Coca River - Vimarsana News

Specialists from the United States Army Corps of Engineers begin inspection of the area of regressive erosion in the Coca River

Press Release Specialists from the United States Army Corps of Engineers begin inspection of the area of regressive erosion in the Coca River Bnamericas Published: Monday, July 26, 2021

Ecuador power company discovers more problems at Chinese-built plant - Vimarsana News

Ecuador power company discovers more problems at Chinese-built plant

Ecuador power company discovers more problems at Chinese-built plant Ecuador's power company CELEC has found new problems at its Coca Codo Sinclair hydroelectric plant that threaten water flow and electricity generation, the company's chief executive said, the latest issue at the facility built by China's Sinohydro Corp. The findings come after CELEC in May requested arbitration through the International Chamber of Commerce to settle a dispute over cracks in the 1,500-megawatt plant's machinery that have prevented it from operating at full capacity since it was completed in 2016, after $2.2...