Popular Posts
- RUSSIA : Putin's Police Make Preemptive Strike On Leading Protest Opponents.
- BOLIVIA: Morales Continues Verbal Assault On USA's "Meddling"; USAID Expulsion Threatened.
- CZECH REPUBLIC: Poll Shows Czechs Finicky About Tolerance.
- MEXICO: Narcos "Force Down" Police Helicopter In Michoacan.
- BOLIVIA: Raging River Sweeps Away Bus, Truck; At least 34 Dead.
- UKRAINE / EU : Kyiv Cancels Yalta Summit...After 13 Leaders Bail; Yulia Ends Hunger Strike, Accepts Medical Treatment.
- SLOVENIA : 100,000 Public Workers Strike Over Wage Cuts; PM Jansa Under Pressure.
- ARGENTINA : Ex-President De La Rua Tried For Corruption.
- BRASIL: CBank Lowers SELIC 8th Time...To Historic 8%.
- USA / ECONOMICS / POLITICS / MEDIA : Economist Paul Krugman Discourses On Austerity...And GOP Crazies.
27 July 2010
ECUADOR: Correa Declares Oil Contracts Will Be Renegotiated; Flat Fees Only With 100% State Ownership.
BBC/ Under a new law, Ecuador will start renegotiating contracts with private oil companies to increase state control to 100%. All previous agreements will be replaced with flat fee only deals. Foreign oil firms currently produce 44% of the of 470,000 bbp output.
