Monday, May 7, 2007 at 8:54 am by Darryl
We can probably expect some new war rhetoric from the Bush administration against Ecuador after they refused to extend a 1993 investment treaty with the U.S.:
“This treaty has caused our country a lot of problems,” [Foreign Affairs Minister Maria] Espinosa told Ecuadorian television. “We think that this treaty doesn’t represent our national interests.”
The treaty, signed in 1993, aims to protect investment in both countries and forbids the expropriation or nationalization of investment without proper compensation.
Los Angeles-based Occidental Petroleum has used the treaty for support in an arbitration claim filed against Ecuador for terminating its contract last year.
Oh-oh…Ecuador is messing with a U.S. oil company. I wouldn’t be surprised to hear that “alternative intelligence estimates” have identified Ecuador as a country harboring al Qaeda.
Ecuadorian President Rafael Correa [...] has publicly criticized Washington’s foreign policy in the region and called President George W. Bush a “dimwitted” leader.
Double Oh-oh. No doubt Ecuador is hiding Saddam’s WMD, as well.