Indigenous peoples in Ecuador of cancer in women and men in the countries where there was oil production present for over 20 years. Women also reported increased rates in a copious number of physical ailments such as skin mycosis, sore throat, headaches and gastritis. The primary argument against these findings were that they were weak and biased. Texaco decided on jurisdiction in Ecuador. The case put against Texaco remained in the works for some time. In 2001, Texaco was taken over by Chevron, another oil company, which assumed the liabilities left by the previous production. On February, 2011 Chevron was found guilty after inheriting
Economic history of Ecuador To help make up for the oil revenue shortfall, a consortium of international banks loaned Ecuador an additional US$220 million, bringing public-sector external debt at the end of 1987 to about US$9.6 billion, one of the world's highest on a per-capita basis. (Ecuador's GDP for 1987 was US$10.6 billion.) During Febres Cordero's last two years in office, his economic team concentrated on implementing monetary reforms, renegotiating the external debt, and encouraging foreign investment. Its efforts were only partially successful. The government failed to hold wages down, and, despite efforts to curtail government spending, public-sector expenditures increased dramatically in 1987 and