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Ecuador's Original English Language Newspaper

Volume 4, Issue 33
March 15, 2020
We’ve survived worse than this

We’ve survived worse than this

Wow, a lot has sure happened in the week since my last column. And a lot more will happen before this week’s edition hits the newsstand. I’m talking about the coronavirus of course. Things are moving so fast that almost anything written today will be outdated by...

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CRIME AND ACCIDENT REPORT

Cuenca and National Criminal Activity (Ecuador) Police dismantled a dangerous gang that operated in three provinces of the country committing robberies of financial entities and armored vehicles and launched armed assaults. The operation to arrest these criminals was called “Gran Victoria 06” and was carried out in the provinces of Manabí, Pichincha and Santo Domingo […]

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Embassy officials trying to help Canadian reportedly roaming Galápagos Islands

Embassy officials trying to help Canadian reportedly roaming Galápagos Islands

Officials in Ecuador are attempting to help a Canadian man in the Galápagos Islands who locals say has been seen wandering and behaving aggressively. On Friday, an official at the Canadian Embassy in Ecuador said they were aware of reports about a Canadian man on San Cristóbal Island, the easternmost island in the Galápagos archipelago. […]

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Galápagos Islands activate plans to prevent the entry of novel coronavirus to the archipelago

Galápagos Islands activate plans to prevent the entry of novel coronavirus to the archipelago

The Government of the Galápagos Islands, an Ecuadorian archipelago considered a world heritage site, has activated a plan to prevent the arrival of the coronavirus to the islands without harming tourism. Norman Wray, head of the Galápagos Governing Council, confirmed the activation of a plan that will intensify controls inside and outside the islands. “We […]

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Domestic exports being impacted by coronavirus in China and beyond

Domestic exports being impacted by coronavirus in China and beyond

The spread of the coronavirus throughout China (and the rest of the globe), has led to reductions in the export of Ecuadorian goods to the Chinese market. On Tuesday, the Government met with representatives of the productive, logistic and commercial sectors of the country to review the impact that this disease has on internal and […]

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Ecuador Yields Surge Above 20% as Oil Rout Boosts Default Risk

Ecuador Yields Surge Above 20% as Oil Rout Boosts Default Risk

Ecuador’s dollar bonds have slumped as investors price in a higher probability of default following the crash in crude oil prices. The nation’s dollar bonds due 2028 fell 10.6 cents, to 47.6 cents on the dollar on Monday, sending the yield surging 4.3 percentage points to 22.3%. The extra yield investors demand to hold Ecuadorian […]

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Minister of Finance says economic measures announced by Ecuador would have a positive impact of $2.252 billion

Minister of Finance says economic measures announced by Ecuador would have a positive impact of $2.252 billion

Ecuador’s Minister of Finance, Richard Martínez, said that with the economic measures that the Government has proposed, a positive impact of some $2.252 billion could be obtained. The greater amount has to do with the reduction of expenses in goods and services and capital goods that account for about $1.38 billion. At a press conference, the […]

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Argentinian killed in Ballenita had multiple skull fractures

Argentinian killed in Ballenita had multiple skull fractures

An Argentinian who was missing for several days was found dead Tuesday night in a septic tank sealed with cement, at the home she was renting in Ballenita, a town in the province of Santa Elena, in eastern Ecuador. The preliminary autopsy report indicates that Gabriela Andrea Pedraza had multiple skull fractures and evidence that […]

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Guayaquil to limit motorcycle travel to one person overnight

Guayaquil to limit motorcycle travel to one person overnight

In response to the increase in robberies being perpetrated by pairs of criminals on motorcycles, Guayaquil has instituted a new measure restricting motorcycle travel to one person during select hours of the evening and nighttime. To provide safety for its citizens, the National Police will focus its controls and increase patrols during the indicated hours, […]

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A dark secret hides in the Museo Pumapungo

A dark secret hides in the Museo Pumapungo

Many of Cuenca’s residents know of Pumapungo museum and think they’ve seen everything it has to offer. Pumapungo is home to a world class collection of art, artifacts, and more than 20 displays that illustrate the variety of Ecuador’s geographic regions. But for many visitors, the main draw is the museum’s collection of shrunken heads […]

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Digital Marketing Workshop to be held in Cuenca

Digital Marketing Workshop to be held in Cuenca

If you’re looking to raise your online presence or to bring more exposure to your business, there will be a “Social Media Strategy Workshop” held on March 21st and 22nd in Cuenca. The meeting will bring together experts in the management of the internet and online businesses. Brent Hoberman, creator of LasMinute.com, says that for […]

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90% of companies in Cuenca comply with labor laws

90% of companies in Cuenca comply with labor laws

In 2019, the Regional Directorate of Labor carried out a total of 3,967 labor inspections in Cuenca and found that 90 percent of the companies inspected complied with their labor obligations, according to Xavier Bermúdez, Regional Director. Bermúdez explained that during labor inspections employees are interviewed first, before employers. “The objective is not to pursue, […]

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SRI reminds citizens to file tax declarations

SRI reminds citizens to file tax declarations

A total of 18 officials from the Azuay Internal Revenue Service (SRi) toured various businesses in the Historic Center this week to remind taxpayers of their income tax declaration requirements. José Luis Vásquez, zonal director 6 of SRI, explained that during the operation, officials explained to citizens whose income exceeded $11,310 in fiscal year 2019, […]

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Scientific and medical researchers complain about lack of coronavirus information from Ministry of Health

Scientific and medical researchers complain about lack of coronavirus information from Ministry of Health

What is known in Ecuador about the COVID-19 coronavirus?  Critics say only what the Ministry of Health makes known in daily reports on the number of cases and people in isolation, and the general state of the internees. There is no scientific research on the SARS-CoV-2 virus, which causes COVID-19 disease. The criticism of the Ecuadorian […]

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Ecuador braces for further unrest as Moreno unveils austerity package

Ecuador braces for further unrest as Moreno unveils austerity package

Ecuador is bracing itself for more protests after President Lenin Moreno announced a new austerity package including public-sector cuts. Speaking on national television on Tuesday evening, Moreno said that he will seek to improve debt payment terms and slash $1.4 billion from the government’s budget in response to the crash in oil prices and the […]

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