Regional News

FILE PHOTO: A view shows a small stream that feeds the Paute river, affected by a severe drought, in Paute, Ecuador September 17, 2024. REUTERS/Karen Toro/File Photo
FILE PHOTO: A view shows a small stream that feeds the Paute river, affected by a severe drought, in Paute, Ecuador September 17, 2024. REUTERS/Karen Toro/File Photo

Ecuador cuts power in half of its provinces amid historic drought

(Reuters) – Ecuador’s government has announced the suspension of electricity service for nine hours on Sunday in 12 of the Andean nation’s 24 provinces and placed 19 areas on red alert due to a drought that has reduced the water levels of hydroelectric plants.

ANSA McAL: $765M loan to achieve 2X goal

(Trinidad Guardian) ANSA McAL says the $765 million loan, which it raised earlier this month, is going to be used for several reasons, all of which are in pursuit of its goal to double the size, scale, returns and impact of the group by 2027, an ANSA McAL spokesperson said on Friday.

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