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.

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. […]

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.

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.

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.

Both administrations maintain that the halt in banana imports to Russia was unrelated to Ecuador’s proposed sale of Russian weapons to the USA as ‘scrap metal.’ Nevertheless, the underlying matter of the weapons transfer remained discernible.

Although the necessity for blackouts has ceased, Cenace cautions that the forthcoming dry season could entail diminished rainfall and potentially extend for a longer duration. Such conditions might once more necessitate the implementation of blackouts.

Now that carnival is over, we can return to our regular routines! Amongst the cacophony of noise, bustling traffic, and the merry revelers, one aspect stands out to me. Despite tens of thousands of Ecuadorians traversing the country in search of the ultimate party spot, and hundreds of thousands more celebrating in their hometowns, there […]

The ambitious development plan’s realization hinges on the National Assembly’s approval of the Annual Investment Plan.Top of Form

The migration landscape in Mexico is witnessing unprecedented shifts as irregular migration, particularly among Ecuadorians, experiences a significant surge.

In a bid to strengthen international cooperation, President Daniel Noboa of Ecuador embarked on a significant diplomatic mission, cementing ties with the United States during a crucial meeting in Guayaquil. The encounter, shrouded in secrecy, unfolded behind closed doors, leaving much speculation but little concrete detail about the discussions that transpired.

Ecuador’s trade prospects are set to soar following the recent ratification of a trade agreement with China, expected to significantly impact traditional export products like shrimp, bananas, cocoa, and flowers. The agreement, validated by the National Assembly on February 7, 2024, presents a substantial growth opportunity for the nation’s export sector.

The revelation underscores the depth of corruption entrenched within the prison system. The military, currently overseeing operations, asserts that the existence of this apartment indicates complicity on the part of prison guards and authorities.

It’s been a rather uneventful week for us, with one notable exception – my 62nd birthday last Sunday. We had the pleasure of dining out on Saturday with three of our dearest couples to mark the occasion. Initially, we had our hearts set on our favorite restaurant in Yunguilla, only to discover it was closed […]

Merely four days into his presidency, Noboa embarked on a legislative blitz, dispatching four urgent economic bills to the assembly within his initial two months in office, with additional proposals slated for imminent submission.

Ecuadorians applaud President Daniel Noboa’s crime reduction efforts yet remain apprehensive amidst lingering fear that this is only a temporary peace.

Critics believe more could be closed with even more savings achieved.