In 2020, more than $1.3 trillion was lost in the global tourism sector. In Ecuador, revenues fell 60%. Experts predict that recovery will take between 2 and 4 years. In early 2020, the Grand Hotel Lobo de Mar, on Santa Cruz Island, Galapagos, had huge pre-sales thru 2022 for tour packages, accommodation, transportation and other services. The outlook […] To view this article you must have an active subscription. Already a member? Sign in. Subscribe to weekly reports on Ecuador’s economics, politics, crime and more. Not sure you want to commit? Don’t worry, you can cancel anytime. For a limited time,subscribe now and get your first month for only $1. Regular subscriptions available at $4.99/month or $42/year. Subscribe now!

This week we are seeing a higher positivity rate, a higher rate and higher number of new deaths, and a huge increase in the number of provinces seeing a rise in deaths. We also have more people, and sicker people, being hospitalized. One top of that, hospitals across the country reporting that they are unable […] To view this article you must have an active subscription. Already a member? Sign in. Subscribe to weekly reports on Ecuador’s economics, politics, crime and more. Not sure you want to commit? Don’t worry, you can cancel anytime. For a limited time,subscribe now and get your first month for only $1. Regular subscriptions available at $4.99/month or $42/year. Subscribe now!

In the world, 10 million hectares of forest are cut down each year, according to data from the Food and Agriculture Organization of the United Nations (FAO). Despite being one of the 17 megadiverse countries in the world, in recent decades Ecuador has lost huge sections of its forests due to increased human activities. The most up-to-date data […] To view this article you must have an active subscription. Already a member? Sign in. Subscribe to weekly reports on Ecuador’s economics, politics, crime and more. Not sure you want to commit? Don’t worry, you can cancel anytime. For a limited time,subscribe now and get your first month for only $1. Regular subscriptions available at $4.99/month or $42/year. Subscribe now!

With nine votes in favor, the Economic Commission of the National Assembly, approved the report for the first debate of the bill for the Defense of Dollarization. The 30-minute session was held on the evening of April 10, 2021. During the debate of the text, 22 participants and legislators were heard. On April 9, 2021, […] To view this article you must have an active subscription. Already a member? Sign in. Subscribe to weekly reports on Ecuador’s economics, politics, crime and more. Not sure you want to commit? Don’t worry, you can cancel anytime. For a limited time,subscribe now and get your first month for only $1. Regular subscriptions available at $4.99/month or $42/year. Subscribe now!