Amazon Watch an earlier court's dismissal on the basis of "forum non conveniens." Thus, legal proceedings were started in Ecuador in 2003. Amazon Watch supports the Ecuadorian plaintiffs by publishing a press kit alleging that Chevron (corporate successor to Texaco) should be held accountable for the dumping of of toxic waste water into a region of Ecuador's Amazon rainforest inhabited by more than 30,000 people – purported to be one of the largest oil related contaminations ever, far exceeding that of the Exxon Valdez disaster. A 2011 decision in Ecuador ordered Chevron to pay $9.5 billion. Ecuador's Supreme Court in 2013 affirmed
Economic history of Ecuador 50 percent of the central government's revenues. In 1985 Ecuador earned over US$1.8 billion in revenue from petroleum exports, two-thirds of Ecuador's export revenue that year. But a sharp decline in international oil prices in 1986 resulted in a US$1.1-billion drop in petroleum export revenue. The balance-of-payments current account, which registered a surplus of US$149 million in 1985, showed a US$613-million deficit for 1986. Foreign-exchange reserves declined to US$145 million by mid-1986, and real GDP growth for 1986 came to only 1.7 percent, compared with 3.8 percent in 1985. To meet the economic crisis, in January 1987 the government suspended