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To: JDN who wrote (6427)	5/19/2006 8:40:30 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 14758

Ecuador seizes control of US oil company The Daily Telegraph ^ \| May 19, 2006 \| Jeremy McDermott Ecuador yesterday joined the wave of Latin American governments targeting foreign-owned industries when it fulfilled its threat against an American oil company and took "full technical control" of its operations. The offices and installations of Occidental Petroleum were occupied by soldiers earlier this week, provoking a furious response by Washington. But yesterday, a Petroecuador official announced: "We are in control of Occidental's technical operations." State oil officials are expected to replace Occidental executives running oil fields in the Amazon region. While the government of President Alfredo Palacio denied the seizure was part of a wider move to nationalise oil deposits in the Andean nation, the action follows a path blazed by the Leftist regimes in Venezuela and Bolivia. Mr Palacio's government said that Occidental had violated the terms of its concession by selling part of its holdings to a Canadian firm in 2004 without Ecuador's approval. Occidental is the largest foreign investor in Ecuador and had been pumping 100,000 barrels of oil a day from the affected field in the Amazon. Denying that it had violated its contract, Occidental said that it had offered the government £569 million in disputed taxes, investments and extra revenues to try to end the dispute.

To: JDN who wrote (6427)	5/19/2006 1:09:40 PM
From: PatiBob	Read Replies (2) \| Respond to of 14758

25 years ago we used to fly into Belize on a corporate owned jet. They had, at the time, big anti-aircraft battlements on the runway and they would track you with them. You needed to bring lots of cash with you to Belize because there was always an "inspection" that they needed to do along with paying a guard to stay with the plane so it didn't "take off without you". Best fishing was off Ambergris Cay. No phones, no A/C, very laid back and relaxed. Haven't been there in a very long time but have heard that the place has a casino on the island and it's become a very touristy place.