This week I wanted to write “Assassinate Putin!” 500 times and just have that be my column. But then I read today that Facebook and Twitter are shutting down accounts that say anything about suggesting such a thing. Not that The Cuenca Dispatch is either of those...
Scientists believe they have discovered a sew species of giant tortoises in Galapagos
Almost eight thousand tortoises that exist today in San Cristóbal might not be Chelonoidis chathamensis, but rather a new species that has never been described by science. A new species of giant tortoise was discovered on San Cristóbal Island, in the Galapagos. Until now, they were believed to be individuals of the species Chelonoidis chathamensis. However, a group of scientists from the […]
Petroecuador needs $12 billion to double production by 2025
Petroecuador seeks investments of $12,000 billion to double oil production to 804,000 barrels per day in four years. The state oil company, Petroecuador, outlined the roadmap to double its oil production from the current 395,000 barrels per day to 804,000 barrels per...
Investment bill goes to Assembly for discussion, must be voted on by April 11th
It includes rules for public-private partnerships and the creation of free zones. The National Assembly scheduled the first debate on the Investment Law project for yesterday afternoon, March 13, 2022. The bill is of an urgent economic nature, so the Assembly has only 30 days to approve it or file it. If they do not treat it […]
Banana sales to Russia and Ukraine halted, putting 260,000 jobs at risk
Update to: Exports to Russia increase over 2020, but lack of trade deal with Eurasian Economic Union could cause problems starting in mid-October Published: Volume 5, Issue 46 More than 1 million boxes of bananas were not sent to these markets in the last two weeks, which represents economic losses of about $12 million. The […]
Ecuador’s covid-19 infections fell 82% in February
In a short video released by his communication team, the president of the National Emergency Operations Committee (COE), Juan Zapata, updated the figures on the coronavirus pandemic in Ecuador. “The data continues to be encouraging,” said Zapata, announcing that covid...
Remittances from abroad surpass $4 billion annually, often enriching illicit activity
In 2021, the arrival of remittances to Ecuador broke historical records for two consecutive quarters. Although this money helps the economy of the Austro cantons, part of it feeds mafias of human traffickers and informal moneylenders. According to data from the Central Bank, between January and September 2021, Ecuador received remittances for $3.152 billion, exceeding […]
New Chilean President Boric begins the ‘progressive era’ in Chile
Gabriel Boric took power in Chile last Friday, March 11. President Guillermo Lasso took advantage of the inauguration trip to reaffirm the relationship between the two countries and to seek a new ally on the road to the Pacific Alliance. International delegations...
Rise in oil prices will help Ecuador recover losses from December’s ruptured pipelines
Update to: Rapid rise in oil prices could add more than $2 billon to Ecuador’s budget Published: Volume 6, Issue 22 The resources for oil surpluses will help compensate for the last oil emergency in Ecuador, in December 2021. The Ministry of Finance has the calculations of the additional income that Ecuador will receive due […]
Mexico cities again the epicenter of urban violence, but Guayaquil makes list
Zamora, Mexico, with almost 197 homicides per 100,000 inhabitants, was the most violent city in the world last year, and the eight most violent cities are all in Mexico. Guayaquil comes in as the 50th most dangerous city. For the fifth consecutive year, a Mexican city is the most violent in the world. In 2021, […]