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Ecuador's Original English Language Newspaper

Volume 6, Issue 46
Ecuador credit rating remains at B- with S&P Global Ratings and Fitch

Ecuador credit rating remains at B- with S&P Global Ratings and Fitch

The rating agencies Fitch and S&P maintain the recent rating because the country has shown a substantial improvement in its budget figures. The risk rating agency S&P Global Ratings and Fitch Ratings announced that they are maintaining Ecuador’s sovereign credit ratings, despite political and social tensions after the social protests of June 2022. The US […]

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Ecuador registers relatively high food cost inflation

Ecuador registers relatively high food cost inflation

Global food prices will peak in 2022, says Morgan Stanley. But the bank thinks inflation could moderate in 2023. Food prices, which rose 65% globally between 2020 and 2021, will peak in 2022, US investment bank Morgan Stanley projects. Inflation over the last six...

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Explosions continue in Guayaquil even with a state of emergency

Explosions continue in Guayaquil even with a state of emergency

Since the attack in Cristo del Consuelo, on August 14, 2022, there have been explosions and suspicious packages have been detonated. Between January and August 2022, there have been 145 explosive attacks in the country, and they continue to add up. Approximately 50% of these incidents have happened in Guayaquil. On August 14th there was an explosion in the […]

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Navy Commander General replaced during drug trafficking scandal

Navy Commander General replaced during drug trafficking scandal

President Guillermo Lasso dismissed Luis Brumel Vázquez Bermúdez and appointed John Fernando Merlo León as Commander General of the Naval Force. President Guillermo Lasso made changes in the National Navy, a few days after the scandal involving eight of its members who are being prosecuted for drug trafficking. Through executive decree 538, of August 21, […]

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They plan to expand the bicycle lane network in Cuenca

Update to: Cuenca is the first Latin American city to be certified a ‘bicycle-friendly city’ Published: Volume 6, Issue 43 The Mobility Company (EMOV EP), of the Municipality of Cuenca, plans to build 25 more kilometers (km) of bike paths, which will serve as a connection in 23 sections with the cycling infrastructure that the […]

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Metro de Quito: contract will be signed two months before the operation

Update to: Quito Metro seeks new operator with a tight schedule Published: Volume 6, Issue 44 The Municipality of Quito had announced that on August 19, 2022, it would announce the name of the companies interested in operating the Quito Metro. That date was postponed at the last minute and moved to August 24th. The […]

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Never a “Why me?”

Never a “Why me?”

This is a hard column to write, but I need to do it. As I’ve hinted at before, we have a relative who is dying right now, and I am her medical proxy. This past week I had to put her into hospice, as there were no more options for her to recover. She’s only […]

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Narcoterrorism in Ecuador grows with more and more shocking events

Narcoterrorism in Ecuador grows with more and more shocking events

Attacks against police and judicial offices, kidnappings, murders of journalists and attacks against civilians show the evolution of this phenomenon. It was Saturday, January 27, 2018, Ecuador woke up with unbelievable news: an explosive device had been activated in front of the San Lorenzo Police Command, in the border province of Esmeraldas: 14 police officers […]

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The Executive branch intends call a popular consultation during the 2023 elections

The Executive branch intends call a popular consultation during the 2023 elections

After warning with a popular consultation on several occasions, the President announced the initiative again. This time he says he will go to the polls in the 2023 sectional elections. The offer of a popular consultation and referendum come from the electoral campaign of Guillermo Lasso, but its content remains an enigma, although the Government […]

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