Saturday 7 July 2012

Yasuni in trouble?

http://mondediplo.com/2012/07/12ecuador

Interesting article on the attempt by Ecuador to prevent oil prospecting in environmentally sensitive areas in return for international financial support. I'm not sure exactly where I stand on this one. It is a bold move by Ecuador but similarly it is difficult to see crisis threatened Western governments and corporations going for such an untested scheme that is likely to offend so many vested interests.

Le Monde seem to be generally positive while aiming slight criticism at Ecuador's past political conduct and economic choices.

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