Returning to the IMF on such short notice poses challenges, yet the swift reforms implemented by the Noboa administration will likely garner favorable attention from the UN's financial agency. The Government of Ecuador, under the leadership of President Daniel Noboa,...
Update to: Ecuadorian Child Fatally Wounded in Sonora, Mexico Migrant Assault Published: Volume 8, Issue 20 According to a report from the organization 1-800 Migrante released last Friday, each of the victims were from Guayaquil. This tragic event marks another grim chapter in the plight of Ecuadorian migrants in Mexico, with three compatriots falling victim […]
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In a resolute stance on prison security, Vice Minister of Government emphasized the enduring presence of the military in Ecuador’s penitentiary centers. Speaking in a recent interview, Vice Minister of Government Esteban Torres assured the public that the government would not withdraw military support from prisons, underscoring the ongoing commitment to what he termed as […]
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So, in this issue, we’ve got a rundown on the ongoing corruption prosecutions in Ecuador, namely the Metastasis and Purge cases. And I, for one, am downright ecstatic about it! At long last, we’ve got two branches of government—Justice and Executive—that are dead set on rooting out corruption wherever it rears its ugly head. Admittedly, […]
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Update to: Country risk below 1,500 points Published: Volume 8, Issue 21 Ecuador’s country risk dropped by 130 points in just one week, closing at 1,290 on March 6, 2024. This significant decrease from the previous mark of 1,420 on February 29th reflects market optimism sparked by Ecuador’s efforts to secure a credit agreement with […]
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Noboa reaffirms his backing of Salazar as she unveils the creation of a novel Property Investigation Unit aimed at confiscating assets belonging to convicted criminals. At the conclusion of the second Penitentiary and Citizen Security Conference in Quito, Prosecutor...
The aviation landscape in Ecuador’s ‘low-cost’ market showcases a dynamic of arrivals and departures, reflecting a sector that is yet to fully consolidate. Mariscal Sucre International Airport in Quito recently welcomed JetSmart on March 6th, 2024. However, this arrival coincides with the impending departure of another ‘low-cost’ carrier, Wingo, in April. JetSmart, a Chilean airline […]
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Update to: Sharp Decline in Violent Deaths Marks Ecuador’s Struggle Against Internal Armed Conflict Published: Volume 8, Issue 18 During the state of emergency in Ecuador, there has been a significant reduction in violent deaths, with more than a 45% decrease. The national government has extended this regime for another 30 days. As of March […]
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The recent arrests of seven Guayas judges on charges of organized crime have plunged the court into a state of chaos, compounded by González’s resignation. In a seismic upheaval within the judicial echelons of Guayas, Hugo González, who had recently ascended to the presidency of the Court of Justice, tendered his irrevocable resignation on the […]
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In the annals of Ecuadorian history, the first 100 days of President Daniel Noboa’s administration will be remembered as a period of political dynamism and strategic decision-making.
Amid a controversy over alleged data manipulation, oil production declines. The sector’s future remains uncertain.
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Recently, I took a moment to revisit some of my earlier columns, the oldest coming from seven years ago. And one word struck me: Pollyanna! Back then, even though I’d already spent two years here by that point, I was positively enamored with Ecuador. I focused solely on the positives, conveniently overlooking the negatives. And […]
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Eduardo Peña, President of the IESS Board of Directors, suggests a gradual increase in the contribution rate from 20.6% to 30%.
Salazar refuses to back down in pursuing prosecutions even in the face of constant death threats.
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In addition to Noboa’s impressive 81% approval rating, over 60% of Ecuadorian citizens believe that the Popular Consultation will effectively address issues of insecurity and organized crime.
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Amidst a tumultuous debate, the Constitutional Court of Ecuador found itself grappling with the thorny issue of justifying the classification of an “internal armed conflict” as declared by President Daniel Noboa.
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The upcoming VAT increase is expected to have minimal impact on drivers. However, proposed changes to fuel subsidies may raise concerns among the majority of Ecuadorians.
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Minister of Telecommunications César Martín has set forth an ambitious vision for Ecuador’s telecommunications landscape, suggesting that the country could see the advent of 5G technology as early as 2025.
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Having traversed the globe for more than ten years, “Van Gogh Alive” finally makes its highly anticipated debut in Cuenca. This momentous occasion follows its Ecuadorian premiere in Quito, back in January 2022.
Ecuador’s aviation sector is poised for expansion in 2024 with the introduction of new local air routes, accompanied by regulatory updates aimed at enhancing user protection and industry competitiveness. As the Ministry of Tourism gears up for these developments, stakeholders anticipate significant growth and improved services for travelers.
by Antonio José Paz Cardona on February 23, 2024 In the Ecuadorian Amazon, the accelerated growth of mining is worrying. In 2022 the activity reached 8,896 hectares. Between 2021 and 2022 alone, 1,405 new hectares were detected, equivalent to almost 2,000 professional...
Ecuador’s oil production faces a significant setback as the closure of the ITT oil field looms, bringing production levels back to those seen in 2003.
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Lately, I’ve been feeling pretty upbeat about Ecuador’s direction. We’re seeing a drop in crime, a significant decrease of over 50% in murders, and even a noteworthy 500-point dip in the country’s risk-rating since Noboa’s tenure began. But I’ve got to admit, the stories I read in this week’s issue have left me somewhat uneasy. […]
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The country’s indicator stands at 1,498 points, marking the lowest level during Daniel Noboa’s three-month tenure as the head of government.
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The government’s loan requirement for 2024 stands at $10.992 billion, representing a $3.415 billion increase from the previous year’s planned amount.
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Following three weeks of strained diplomatic relations, the discord between Russia and Ecuador has finally subsided, marking the beginning of a new phase in their interactions. The government of Vladimir Putin now seeks to revive dormant projects with Ecuador, putting aside recent disagreements.
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This new technology can plant seeds 200 times faster than traditional methods.
A vehicle found itself trapped amidst the debris from a landslide, obstructing kilometer 90 of the Cuenca-Molleturo-El Empalme road.
Despite the presence of four police officers guarding her, the career criminal managed to evade her home detention.
In the shadow of uncertainty and danger, Rodrigo, a former prison guard in Ecuador, reflects on his harrowing journey to the United States. As he recounts his tale, the stark realities of the Ecuadorian migration crisis come into sharp focus, revealing a landscape marred by violence, exploitation, and despair.
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