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Correismo makes alliances to take control of Legislature and CAL

The National Assembly is an increasingly hostile territory for the Executive, which, for now, only has the support of its bench. The decisions that the Plenary took on July 21, 2022, are proof that support for President Guillermo Lasso is minimal, if not non-existent. The appointment of the two vice-presidents of the Assembly and the […] To access this post, you must purchase The Cuenca Dispatch Subscription – Monthly or The Cuenca Dispatch Subscription – Annual.

Ecuador has experienced 70,000 earthquakes in the last 10 years

The Geophysical Institute divides the country into seismic hazard zones, though earthquakes have been felt in almost every province this year. On July 14, 2022, 151 of the 221 cantons of the country felt an earthquake of magnitude 6.1 that was centered in Daule, in the Guayas province. It left one person dead. According to […] To access this post, you must purchase The Cuenca Dispatch Subscription – Monthly or The Cuenca Dispatch Subscription – Annual.

It’s time to worry

I’m worried about Ecuador. I don’t know if I’ve ever said that here in this column. I’ve always been pro-Ecuador and pointed out all the reasons to live and/or invest here. But now, due to the movements I’m seeing in the Assembly, I’m worried about its immediate future. If you’re not up on the most […] To access this post, you must purchase The Cuenca Dispatch Subscription – Monthly or The Cuenca Dispatch Subscription – Annual.

Latest INEC report says one in four Ecuadorians lives in poverty

Poverty and extreme poverty hit the countryside the hardest, where 42.9% of the population lives with severe economic deprivation. One-quarter of Ecuador’s population, or about 4.5 million people, are submerged in poverty, according to the latest report from the National Institute of Statistics and Censuses (INEC). This means that one in four Ecuadorians lives on […]

BanEcuador to forgive or restructure 77,000 loans as a result of national strike

Published on July 25, 2022

Facebook Twitter Google+ LinkedIn Those seeking to restructure microcredits and small business and educational loans in public, private and cooperative banks will be able to receive months of grace. Customers with loans in arrears in public, private and cooperative banks will have four benefits, after Conaie and the government signed the first agreement in the […]

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