There is a coup in Ecuador, and according to news, a curfew in Quito. Access roads to Quito’s airport are blockaded.
Civillian protests over the years and currently escalated, are reported to be due to foreign corporations in Ecuador’s oil market.
Reports are that sales of EP Petroecuador, a state owned company are down by about 30%. Texaco is thought to own 37.5% of Ecuador’s oil production.
According to legislation Texaco used to own 62.5% of Ecuador’s oil market but government policies now limit foreign ownership.
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