Expectations about the performance of the Ecuadorian economy, for the remainder of 2022, have been diluted by factors such as lack of confidence in economic policy and corruption. The business climate in Ecuador continues to deteriorate, according to the latest report...
Government and Indigenous dialogues are leaving out many other sectors who requested inclusion
Conaie, Feine and Fenocin managed to get the Government to sign an agreement and commit to managing results in 90 days. Other sectors watch the dialogue tables from afar. The ten dialogue tables established between the Government and the organizations that led the national strike, Conaie, Feine and Fenocin, will address issues that involve other […]
Increase in Covid-19 cases will cease in coming weeks according to Minister of Health
The Government announced on Friday, July 15th, that in the coming weeks it expects a remission of the rebound in Covid-19 infections registered in the last month and specified that said increase has not caused pressure on the health care network. Minister of Public Health, José Ruales, announced this at a press conference after a meeting of the Emergency Operations […]
54% of murders in the country are associated with micro-trafficking
Update to: Drug trafficking murders on the Colombia-Ecuador border spread fear and cause increased military activity Published: Volume 4, Issue 47 The most recent violent death was that of a taxi driver in Arenillas, El Oro province. The police captured the two alleged assassins. Giovanni Ponce, director of Citizen Security and Public Order of the […]
Huascachaca wind farm moves closer to launch with delivery of giant turbine blades
The blades of the 14 wind turbines that will convert the kinetic energy of the wind into electricity are already on their way to Huascachaca, where the largest wind farm in Ecuador is being built. The park is located in the San Sebastián de Yuluc parish, belonging to Saraguro, in the province of Loja, on […]
Use this opportunity
All seems to be right today. There is a clear blue sky, the birds are holding an intensely loud conversation in the trees, the dogs are resting quietly, and my wife is relaxing by the pool, quietly enjoying a cold beverage. And aside from writing this, I have been relaxing along with her. It’s a […]
New pyramid scheme moved $41 million in Ecuador
Update to: Three arrested in murder investigation of pyramid scheme perpetrator ‘Don Naza’ Published: Volume 6, Issue 32 The National Police and the Prosecutor’s Office carried out 36 raids in six provinces, in the early hours of July 12, 2022. The investigation targeted six suspects for moving $41 million in the financial system. Carrillo explained […]
Latin American tourism shows strong signs of recovery post-pandemic
In the first half of 2022, the arrival of tourists to the Galapagos Islands, in Ecuador, almost reaches pre-pandemic levels. Tourism in Latin America is showing strong signs of recovery, even reaching pre-Covid-19 pandemic levels. This occurs after two years of...
SNAI seeks to reintegrate 5,700 prisoners into the labor market
Update to: Instead of rehabilitation centers Penitentiary Commission finds a corrupted prison system Published: Volume 6, Issue 40 According to the head of the SNAI, Pablo Ramírez, 350 prisoners of different nationalities have returned to their countries of origin....
New SRI Director to go after tax evaders
The new director of the Internal Revenue Service, Francisco Briones, says that there is a lot of room to collect taxes from companies that evade their responsibilities. The new director of the Internal Revenue Service (SRI), Francisco Briones, promises that there will now be greater control of tax evasion with a focus put on businesses […]
US shrimp buyers descend on Ecuador to see industry’s processes first hand
A delegation of North American buyers visited Songa, Omarsa and Grupo Almar to verify the production process of Ecuadorian shrimp. The Ecuadorian shrimp industry is looking to open a market in the retail segment of the United States and Canada, where so far in 2022 -in the case of the United States- exports grew 35% compared to […]
Prosecutor investigates the president of Peru for influence peddling
Update to: Peru president forced to install third cabinet amid criticism and resignations Published: Volume 6, Issue 18 The new attorney general summoned Pedro Castillo to appear on August 4th to testify in an investigation into his role in influence peddling. The previous prosecutor suspended the investigation, arguing that the president could not be investigated […]
Quito Metro operator guarantees it will launch in December
The consortium formed by Metro Medellín, and the French company Transdev will operate the Quito Metro for the next six years. The start of operation of the Quito Metro is in its final phase. The consortium chosen to run the Metro operations for the next six years, made up of Metro Medellín and Transdev has […]