Jul 25, 2016, 12:21 PM CDT
The central bank of Ecuador reports that it has paid Chevron US$112 million as a settlement on a contract dispute dating back forty years. Diego Martinez, head of the bank, confirmed the news on Friday.
The sum includes the US$96 million awarded to Chevron in 2011 by a Hague arbitration court, plus interest.
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Ecuador’s Central Bank Pays US$112 Million To Chevron
gardener1
26 July 2016 03:00:56
675
GuestPoster3740
27 July 2016 08:18:17
0
Another example of corporations subverting sovereign governments through economic means. Think NAFTA, 3 amigos, TPP, etc., etc.
mugtech
18 August 2016 17:07:37
4347
lois2b wrote:Another example of corporations subverting sovereign governments through economic means. Think NAFTA, 3 amigos, TPP, etc., etc.
Evidently it is now China's turn.
vsimple
20 August 2016 01:52:48
1224
I went off topic in reply to lois 
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