Glenn Switkes's picture
Glenn Switkes
Latin America Program Director
I love cooking (Brazilian, Thai food); listening to all kinds of music - jazz, world, roots, and playing the bass; films - Hitchcock is my hero; baseball; hitting the muddy roads in my jeep and climbing to the cachoeiras .

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Home › Latin America

Correa Sends Odebrecht Packing

Thu, 09/25/2008 - 3:08am

Ecuadorian President Rafael Correa

Ecuadorian President Rafael Correa

Ecuador´s President Rafael Correa has now taken the bold step of kicking Brazilian dam-building giant Odebrecht out of the country. Odebrecht officials have reported taken sanctuary in the Brazilian embassy in Quito, and Correa now says Ecuador may elect to default on a loan of more than $200 million from Brazil´s National Development Bank, BNDES for construction of San Francisco Dam. The problem, as described in my blog last week, was the Brazilians´ shoddy worksmanship, and their refusal to compensate Ecuador for damages to the dam.