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Isabel", who has a
special interest in the environment and the state of the world, came from Ecuador
to study at the University of Melbourne.
Nearly two years ago she became a friend of Beneath the
Wisteria, but several months ago returned home and now her home country is in
the news, for all the wrong reasons.
A story on Business
Insider Australia - “Ecuador To Sell A Third Of Its Amazon Rainforest To Chinese Oil Companies” – would undoubtedly frustrate Isabel.
The story says, “Ecuador is planning to auction off three
million of the country’s 8.1 million hectares of pristine Amazonian rainforest
to Chinese oil companies, Jonathan Kaiman of The Guardian reports.
“The report comes as oil pollution forced neighbouring Peru
to declare an environmental state of emergency in its northern Amazon
rainforest.
“Ecuador owed China more than $7 billion — more than a tenth
of its GDP — as of last summer.
“In 2009 China began loaning Ecuador billions of dollars in
exchange for oil shipments. It also helped fund two of the country’s biggest
hydroelectric infrastructure projects, and China National Petroleum Corp may
soon have a 30 per cent stake in a $10 billion oil refinery in Ecuador.”
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