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The IMF’s Caution Against Tapping into International Reserves in Ecuador’s Dollarized Economy

Having just elected a new President, Ecuador is now faced with the challenge of determining if it can tap into its international reserves to fulfill his campaign commitments. In a recent address on October 13th, Rodrigo Valdés, the director for the Western Hemisphere at the International Monetary Fund (IMF), emphasized the inadvisability of utilizing international […]

A quick thought on victory

I am jotting down my thoughts from Denver, Colorado, basking in the glorious autumn breeze while savoring a cup of coffee on my buddy’s backyard deck. Daniel Noboa’s triumph yesterday in Ecuador’s Presidential race yesterday, is bringing me immense joy this morning. My stance on the Correístas is no secret, so my elation over Noboa’s […]

Ecuador’s auto industry experiences slow-down in 2023 sales

In the third quarter of 2023, Ecuador’s new car sales experienced a significant decline for the third consecutive month. Political uncertainty, heightened insecurity, and escalating insurance costs have collectively impacted the automotive market. According to the Chamber of the Automotive Industry (Cinae), in September 2023, only 10,725 vehicles were sold in Ecuador, marking a stark […]

Prosecutor’s office says the investigation ‘for the intellectual authors’ of Villavicencio assassination continues with US help

Published on October 17, 2023

Facebook Twitter Google+ LinkedIn Former presidential candidate Fernando Villavicencio was assassinated hitman style on August 9th, after finishing a political rally in Quito. The assassination of the former presidential candidate Fernando Villavicencio on August 9th, executed in a hitman-style manner after concluding a political rally in Quito, prompted a joint investigation between the State Attorney […]

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