In November 2020, the Asian Infrastructure Investment Bank (AIIB) approved $50 million in financing for the first Latin American country to join as a non-regional member: Ecuador. What is the scope of the project? What can we expect from the AIIB for Latin America?...
I’ve got a friend who believes in every possibly “conspiracy theory” you can think of. For example, he still believes that some senior Democrat politicians were involved in sacrificing children in the basement of a pizza parlor in Washington, DC. Honestly, he believes it. And that Hilary Clinton was involved. He now thinks that a […]
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It is now official; the 2022 unified base salary (SBU) will be $425. Tonight, December 13, 2021, President Guillermo Lasso announced that there would be an increase of $25 over last year. It is the largest salary increase since 2013, when the salary increased by...
As of December 2019, there were around 311,000 girls and boys working in Ecuador. “I am sure that with the pandemic that number must have grown,” said President Guillermo Lasso this pat Thursday. Lasso spoke these words at the presentation of the Solidarity without Begging campaign, which was held in La Carolina Park, in the north of Quito. Government authorities and families […]
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Three weeks ago, the First Judicial District Attorney’s Office of Colorado confirmed sexual assault suspect Peter Robert Dettmer, 69, was successfully extradited from Ecuador. Dettmer is in custody at Jefferson County Jail on a $1 million cash bond. According to the...
In the last month, the National Court of Justice issued three rulings in favor of those sentenced in emblematic cases of corruption during the Rafael Correa administration. These cases returned to the courts thanks to the appeal for review, allowed in Ecuadorian criminal law. The three cases were: the policemen sentenced for the 2010 30S […]
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Fundamedios and the Fundación Periodistas Sin Cadenas reported the attacks against the press, which reached their highest peak in November 2021. There were more attacks on Ecuadorian journalists in November 2021, than in any time since Guillermo Lasso became President...
Faced with the advance of inflation, the United States must decide whether to raise interest rates in 2022, and this measure would appreciate the dollar. Ecuadorian exports could become more expensive.
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In an interview last week, US Ambassador Michael Fitzpatrick spoke about the bilateral relationship with Ecuador on anti-corruption actions, such as the withdrawal of visas for those investigated. For Washington, Ecuador represents a horizon of opportunities for bilateral cooperation on different activities. And above all, in the reinforcement of democracy and the rule of law, […]
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Update to: Update: Banana sector reinforces prevention measures to avoid Foc R4T fungus Published: Volume 5, Issue 50 The strategic plan for the prevention, detection, and control of the Fusarium race 4 plague (FOC R4T), which the President of the Republic, Guillermo Lasso, presented on November 26th, in Guayaquil, has a budget of $400 million over the […]
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Update to: New ‘Cyclical Economy’ model is to guide Ecuador’s future production Published: Volume 3, issue 41 Guayaquil, Ecuador-based Bioconversión has opened a $2.5 million plant producing insect meal – the first such insect meal production plant of its kind in Latin America. Founded in 2019, the biowaste-to-protein processing firm will use black solder fly […]
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Update to: ‘We saw it coming’: Indigenous leader Nemonte Nenquimo is fighting climate change Published: Volume 5, Issue 44 A pair of indigenous environmental activists in Latin America received the 2020 Goldman Environmental Prize on Monday. Leydy Pech of Mexico and Nemonte Nenquimo of Ecuador were two of six winners this year for the top […]
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