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Nene Case Transferred to National Court Jurisdiction Unit Due to Possible Links with Vice President Verónica Abad

Nene Case Transferred to National Court Jurisdiction Unit Due to Possible Links with Vice President Verónica Abad

by | June 10, 2024 |

Prosecutor Leonardo Alarcón indicated that the involvement of the Vice President was determined based on the complainant’s version and telephone information. The Nene case, which is being investigated for alleged influence peddling in the Vice Presidency of the Republic and involves the son of Vice President Verónica Abad, has been transferred to the National Court […]
Noboa’s Plan to End Gasoline Subsidies Could Impact Over a Million Ecuadorian Vehicles

Noboa’s Plan to End Gasoline Subsidies Could Impact Over a Million Ecuadorian Vehicles

by | June 10, 2024 |

Nearly 1.1 million private cars use Extra and Ecopaís gasoline. Additionally, 814,976 motorcycles use gasoline. President Daniel Noboa is analyzing the elimination of the gasoline subsidy. The Government of Daniel Noboa is advancing the plan to eliminate subsidies for Extra and Ecopaís, which could yield an income of about $630 million a year. But how […]
Politics in its worst form

Politics in its worst form

by | June 10, 2024 |

Obviously, the biggest story in TCD this week is about the Nene case. The case is being transferred to the National Court because there is supposedly evidence that Vice President Abad was involved in the bribery scheme. Of course, this mean that the Correístas, who are now backing Abad, are going to claim that these […]
Kia and Aymesa Announce $62 Million Investment to Assemble Five New Vehicle Models in Ecuador by 2026

Kia and Aymesa Announce $62 Million Investment to Assemble Five New Vehicle Models in Ecuador by 2026

by | June 10, 2024 |

Projection is to produce 22,000 vehicles and generate 750 jobs alongside greater production of auto parts: a sector facing upheaval after the panned departure of General Motors. The Ecuadorian automotive industry is undergoing significant changes with new investments and models slated for assembly by 2026. This development follows a meeting between directors of Kia Ecuador, […]
Assembly Controversy: Government Denounces ‘Anti-Noboa Majority,’ Assembly President Hits Back

Assembly Controversy: Government Denounces ‘Anti-Noboa Majority,’ Assembly President Hits Back

by | June 10, 2024 |

The Vice Minister of Governance, Esteban Torres, asserted on June 5th that an “anti-Noboa” and “anti-government” majority has formed in the Assembly. On June 5th, the Government reacted to recent events in the National Assembly, including the call for President Daniel Noboa to delegate Vice President Verónica Abad to his office. In response, Vice Minister […]
Ecuador’s 50-Year Battle to Cut Fuel Subsidies

Ecuador’s 50-Year Battle to Cut Fuel Subsidies

by | June 10, 2024 |

The fuel subsidy, a legacy of the military regime, has persisted despite significant shifts in economic and oil landscapes since the 1970s, proving a challenge for successive Presidents of the Republic. Introduced in Ecuador in 1974 under the military regime led by General Guillermo Rodríguez Lara, the controversial fuel subsidy coincided with a period of […]

Verónica Abad on Potential Correa Pardon: “It’s About Justice, Not the Former President”

Published on June 10, 2024

Facebook Twitter Google+ LinkedIn Vice President Verónica Abad has garnered unexpected support from the Correísta faction in the Assembly, positioning her as a potential replacement for President Daniel Noboa in the 2025 campaign. Hints of alignment between Vice President Verónica Abad and Correismo have surfaced in the National Assembly, with the Citizen Revolution (RC) bloc […]

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