During 2020, vehicle sales contracted by 35% compared to 2019: sales figures fell from 132,208 to 85,818 units, or 46,390 fewer vehicles. The Association of Automotive Companies of Ecuador (AEADE) says that this drop in vehicle sales occurred due to the economic...
Update to: IMF and Ecuador reach agreement on $6.5 billion low-interest loan Published: Volume 4, Issue 48 IMF and Ecuador reviewed progress of financial agreement The Minister of Economy and Finance, Mauricio Pozo, met last week with the managing director of the International Monetary Fund (IMF), Kristalina Georgieva. According to a tweet he published, he said […]
POSITIVITY RATES INCREASE ACROSS ALMOST ALL PROVINICES
Tracking the spread and outcome of the coronavirus in Ecuador: Updated for Tuesday, January 19, 2021 This week, in addition to providing our summary, we are also including information reported by El Universo newspaper that has taken a look at things differently than...
Third Presidential debate sparked some heated discussion between the 16 candidates
The Mandatory Presidential Debate of the National Electoral Council (CNE), with the attendance of all 16 candidates for the Presidency of Ecuador, was held this past Saturday, January 16th and Sunday, January 17th. The event was held in Guayaquil at TC Televisión, and ran from 8:00 p.m. and 11:00 p.m. In contrast to the last two debates, all the candidates […]
Ecuador Verifica fact checks more Presidential campaign claims
Over the last month, we’ve run articles from Ecuador Verifica, an initiative in the country that brings together 14 media, 9 civil society organizations and 7 universities. Its objectives are to combat misinformation, verify the veracity of the speeches of the candidates (and their supporters or detractors) for the 2021 Ecuadorian election, and to develop tools […]
Deal with US development bank will help Ecuador pay Chinese loans
The United States International Development Finance Corporation (DFC) has reached an agreement with Ecuador for $3.5 billion in funding for economic reactivation, in exchange for Ecuador excluding China and its companies from a role in its telecommunications networks....
Cuenca Short Stories 1/17/2021
Cuenca COE issues new resolutions Indiscipline is a constant in the Cuenca markets. The situation has become uncontrollable at the Feria Libre in El Arenal, the largest commercial point in the city. Sellers and buyers do not respect social distancing, there are crowds everywhere and many people refuse to wear masks. That’s the environment that […]
Assembly approves constitutional amendment making the number of kilometers of roads a criterion for the distribution of resources among provincial governments
On Sunday, with 95 votes in favor, 32 negative and 3 abstentions, the Plenary Assembly approved the amendment to Article 272 of the Constitution so that the number of existing, planned and projected kilometers of rural roads corresponding to the territory of each autonomous provincial government, is now one of the criterion to consider for […]
A huge opportunity
Well, the day has finally arrived. The inauguration of a new President in the United States will happen tomorrow. Of course, what the day will look like is only known to a handful of people who a) are trying to make sure that it happens and that everyone is safe, or...