Social organizations and the government reached dozens of agreements. Failure to reach agreement on fuel subsidies is the biggest outstanding issue. The dialogue tables between the government and social organizations were officially closed on October 14, 2022. These...
The Cofán Bermejo ecological reserve is under threat
Illegal mining is surrounding and entering Cofán Bermejo, as revealed by satellite images and deforestation alerts from the Global Forest Watch platform. In the north of the Ecuadorian Amazon there are five protected areas that are home to enormous areas of...
Popular consultation moves forward, but with only 6 of the 8 questions posed by Lasso
With this ruling, President Guillermo Lasso must issue an executive decree calling for a vote. This document will return to the Constitutional Court to review the form of the questions. Two questions must go through the National Assembly. President Guillermo Lasso ‘s referendum proposal received the first approval of the Constitutional Court (CC). The magistrates […]
No agreement reached for the targeting of the fuel subsidy
The table between the government and indigenous organizations did not specify anything in relation to the fuel subsidy. All knew that it was going to be difficult to reach a common position, but at least, after the June 2022 strike, there was a willingness and...
Well so much for Premium
I flew back from the US this week, flying first from Miami to Quito and then Quito to Cuenca. Usually a pleasant trip, albeit long. This time was an exception, but not because of my flights. Rather, because of someone who flew with me. But let me back up a second. While I was in […]
Government will dialogue with carriers to avoid mobilizations
Update to: It does not say you can block the roads Published: Volume 6, Issue 50 The dialogue tables between the Government and the carriers will be held every 15 days and will be evaluated every month, according to the Minister of the Interior, Juan Zapata. The Government and representatives of the transport sector said, […]
Fishing industry consumes more than 60,000 gallons of diesel per day
The public company Petroecuador dispatched a total of 14.5 million gallons of diesel for the fishing sector, between January and August 2022. The figure includes diesel 2 and premium, delivered to the shrimp, tuna and other fisheries industries that receive the subsidized fuels. The amount represents an average daily dispatch of 60,388 gallons for the fishing sector. The amount of diesel delivered to this sector […]
Government will close year with $4.0 billion in fuel subsidies
Update to: Fuel subsidies will reach $4 billion in 2022 Published: Volume 7, Issue 1 According to the Minister of Transportation, Darío Herrera, only 20% of registered users have three or more than three vehicles. The tuna boat union rejects a possible withdrawal of the diesel subsidy. The national government subsidized fuels for $2.194 billion […]
Ecuador takes another step towards protecting democracy and freedom of the press
The Constitutional Court partially accepted the partial objection for unconstitutionality sent by President Guillermo Lasso, against the reforms to the Communication Law. The body unanimously accepted 12 of the 18 objections that the Executive had presented. These reforms, which were approved by the National Assembly on July 22, 2022, were included in a minority report — supported mainly by the […]
Appointments for driver license renewal are being scheduled three months out
Guayas, Pichincha and Azuay present the biggest problems, even though the ANT says that people should not wait more than a week to renew the license. The renewal of a driver’s license can be added to the list of procedures that are difficult to carry out in Ecuador. The wait for a turn to obtain […]
63% of the Ecuadorian adult population has less than $10,000 of assets
With these levels it becomes difficult to generate employment and economic growth. The Ecuadorian middle class is minimal and fragile. The most prosperous economies in the world, with higher levels of employment and investment, are those that have the majority of...