The new entity will be the Bank for Economic Development of Ecuador BP The National Government is in the process of merging the National Financial Corporation (CFN) and BanEcuador, as approved under in the Organic Law for Economic Development and Fiscal...
Cuenca to push for popular consultation defining Turi as a “locals only” prison
Over the years, the Cuenca prison ceased to be regional and became national. From the model with which it was conceived, it has become a prison that houses ringleaders and high-risk prisoners who come from all over the country. That prison has not been exempted from gang disputes and inmate murders, a worrying situation in a […]
Eight Minister’s and one Secretary resigned from Lasso’s cabinet in the first year of his term
Most resignations occurred in April 2022. In its first eleven months, President Guillermo Lasso’s government has had nine ministers and secretaries resign. At least 5 of those were in April 2022, a few weeks before President Lasso celebrates a year (on May 24th) in office. Mae Montaño, Minister of Economic and Social Inclusion The first Minister to go, […]
Glas appears before a judge in the Guayas Court of Justice
Update to: Glas released from prison after serving only 4 years for three different felony crimes Published: Volume 6, Issue 27 On Friday, April 29th, the former Vice President of the Republic, Jorge Glas, arrived at the Court of Justice of Guayas to appear before a...
If the world were perfect, it wouldn’t be
“It’s déjà vu all over again.” Yogi Berra said that. He said a lot of “Yogi-isms” over the years. Like, “You can observe a lot by watching.” Or “Nobody goes there anymore. It’s too crowded.” He was one heck of a ball player and certainly a character. And I got to meet him once. I […]
Lasso accuses Correa and Nebot of manipulating the Assembly
According to Lasso, the two want to “destabilize Ecuadorian democracy.” “Mr. [Rafael] Correa and Mr. [Jaime] Nebot together, these twins from the first day of my government are seeing how they destabilize Ecuadorian democracy,” said President Guillermo Lasso. According to him, former President Rafael Correa and former Mayor of Guayaquil, Jaime Nebot, —two of the most important […]
New Minister of Energy and Mines will try to tackle Lasso’s oil production goals
Vice minister Vera replaces Juan Carlos Bermeo who only lasted 11 months in the role. Xavier Vera Grunauer is a civil engineer from Guayaquil. He was the Deputy Minister of Energy and Mines until Thursday, when President Guillermo Lasso installed him as head of that ministry, replacing Juan Carlos Bermeo Calderón. Bermeo, who had held the position since June 2021, […]
State of exception decreed in Guayas, Manabí and Esmeraldas putting soldiers and police in the streets
The measure includes a curfew in certain parishes and special operations by the Police and the Armed Forces Making international news, President Guillermo Lasso announced that there will be a 60-day state of emergency in Guayas, Manabí and Esmeraldas. The objective of the state of exception, Lasso said, is to try to combat the criminal gangs that dominate those provinces. Lasso made […]
Over the last 4 years 678 police officers have been dismissed for ‘very serious’ offenses
Corruption reaches all spheres, including institutional ones. The National Police is no exception and has the task of investigating their own. In the last few weeks alone, six policemen have been protagonists of different illegal acts. On April 26, 2022, a sergeant...
Alias ’JR’ house arrest under habeas corpus cancelled
Update to: Judge who granted habeas corpus to Los Choneros leader dismissed by the Judicial Council Published: Volume 6, Issue 29 Junior Roldán, alias ‘JR’, will have to go to a hospital. This was ordered on Thursday by the judge of Penitentiary Guarantees, Carlos Cedeño. The magistrate decided to revoke the house arrest of the […]