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Ecuador's Original English Language Newspaper

Volume 7, Issue 19
Unimaginable loss

Unimaginable loss

“A message sent from my new adventure. I couldn’t let your Birthday Day go by without sending you a message. Enjoy your day – Be Safe Go Well, Mabubu from beyond!! Enjoy the game tomorrow, I can still hear you shouting :)” This was the text message I received from my...

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New Guayaquil mayor says the city doesn’t have the money to pay its debts

New Guayaquil mayor says the city doesn’t have the money to pay its debts

The newly elected mayor of Guayaquil says that there is less money in the city accounts then needed to pay past debts. He also warned that contractors and vendors should not believe people claiming to be operating on his behalf. The mayor-elect of Guayaquil, Aquiles Álvarez, is concerned about the financial situation of the Municipality, […]

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Sanitary requirements may be the stumbling blocks in new trade agreements

Sanitary requirements may be the stumbling blocks in new trade agreements

The executive president of the National Chamber of Aquaculture, José Antonio Camposano, comments on the prospects of the shrimp sector for 2023. The shrimp sector is especially interested in the trade agreement that is being negotiated with South Korea, a country to which they currently pay a 20% tariff. The statistics of the Central Bank […]

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SRI going after landlords and digital platforms like Airbnb

Update to: Briones says ‘SRI will tighten control of personal income tax’ Published: Volume 6, Issue 52 The Internal Revenue Service (SRI) is following thru on its objective of making digital platform businesses in Ecuador pay taxes. In the case of Airbnb, it has just required the platforms ‘affiliates’ to hand over their tax information. […]

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Ecuador lets Alias ​​“Gato’ be arrested in Colombia so he can be extradited to the US

Ecuador lets Alias ​​“Gato’ be arrested in Colombia so he can be extradited to the US

‘Gato’ wove a web of drug trafficking throughout Ecuador, Colombia, Mexico and Europe. Wilder Emilio Sánchez Farfán, alias ‘Gato,’ was arrested in Pasto, Colombia. Simultaneously, several related raids were carried out in Ecuador. Here, police raided several properties where ‘Gato’ resided from time to time. In one of these raids, in a property in Samborondón, […]

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Cuenca turns on controversial traffic radar systems

Update to: “The radar contract in Cuenca should be cancelled due to the falsehood of the experience” Published: Volume 7, Issue 16 The mayor-elect, Cristian Zamora, announced that his first action when he takes office will be to terminate the contract that allows the placement of new radars in Cuenca. However, on the night of […]

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Avianca will begin offering New Quito-New York route in June 2023

Update to: Air passenger traffic grows in Quito after the pandemic Published: Volume 7, Issue 16 Starting June 1st, the Colombian airline Avianca will operate a new international route in Ecuador: Quito-New York. The flights will operate five times a week. From Quito, the flights will depart on Tuesday, Thursday, Friday, Saturday and Sunday. While, […]

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Two investment banks warn of Ecuador’s debt problems in a post-Lasso scenario

Two investment banks warn of Ecuador’s debt problems in a post-Lasso scenario

Investment banks JP Morgan and Morgan Stanley warned that the results of the sectional voting weakened the government of Guillermo Lasso. The results of the sectional elections in Ecuador and the 2023 referendum are fueling fears in international markets of an early end of the Guillermo Lasso mandate. Two US investment banks, JP Morgan and […]

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