Last Wednesday, El Salvador became the first country in the world to allow the use of Bitcoin as a legal exchange currency. This came after the approval by the Congress of a bill promoted by President Nayib Bukele three days before. The Legislative Assembly of El...
At three weeks out from the lifting of restrictions, we are seeing a slight increase in the number of new cases—though this may be due to a similar slight increase in the number of tests completed and a small decrease in the number of backlogged cases. The good news is that for the third week […]
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The mangroves that inhabit the Galapagos Islands are special; there is not so much mud, and the trees are smaller and set apart from each other. In the rest of the country the mangroves are dense, and the trees are much taller. Those characteristics, precisely, caught...
The list includes oil contracts, bribes from Odebrecht, distribution of hospitals, IESS, electricity and mining concessions, among others. Last week the Oversight Commission approved a work plan that involves investigating 57 cases raised by the assembly members that make up that legislative body, who suspect administrative irregularities, signs of corruption and an impact on State […]
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The government of Guillermo Lasso took over the government with a financing need of $8 billion and arrears in the amount of $2.7 billion. That is why the Minister of Economy and Finance, Simón Cueva, has identified at least four sources of financing in his sights that will allow him to weather this fiscal gap. Most of what is required, […]
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No one is a prophet in his own land says a popular adage that sums up the success that compatriots have achieved abroad. However, it is also unfair to describe all the effort and, in some cases, even falls, that they experienced to start businesses in a foreign...
Well, I’m back from another trip to the US. This was much shorter one than last month. But the outcome was the same. I left not wanting to go back. After all these years, I finally can’t imagine ever living in the US again. And it’s not a political thing. It’s a people thing. On […]
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“President Guillermo Lasso, your concern is legitimate but they are not government officials, but former authorities and personnel from other functions and 'distinguished citizens', who have wanted to advocate for the review of measures ordered against the accused...