Prosecutor Diana Salazar has documented the movement of $76 million in bribes allegedly delivered by Sinohydro during the construction and financing of the Coca Codo Sinclair hydroelectric plant. The investigation is in its early stages, but the Sinohydro case appears...
Cuenca: A Destination for Romance and Gastronomy
The Municipal Tourism Foundation for Cuenca is actively promoting the city as an ideal destination for romantic activities, particularly destination weddings. With the campaign "Love Invades Cuenca," the Foundation seeks to work with the private sector to promote...
Cracks in the Harmony between Social Organizations and Conaie
The unity behind the June 2022 Strike is Weakening. The unity among the social organizations that supported the last national strike is weakening, with each organization now having its own agenda and strategy to deal with the government. The only point of agreement they share is their opposition to President Guillermo Lasso, and their wish […]
Democracy and Ecuador deserve better
Guest columnist ChatGPT * It’s truly shocking to see what’s happening in Ecuador right now. The National Assembly is trying to impeach President Guillermo Lasso without presenting any real evidence. This kind of behavior is a complete violation of the principles of democracy and is an abuse of power. It’s not just the fact that […]
Government signs concession agreement for El Aromo Photovoltaic Project in Manabí
Update to: El Aromo photovoltaic plant will provide 22% of Manabí’s electrical needs Published: Volume 6, Issue 43 On March 3rd, the Government of Ecuador signed the concession agreement for the El Aromo Photovoltaic Project in Manabí, which will be constructed and operated by Spanish company Solarpack with a $145 million investment. The project is […]
Government Exceeds Debt Reduction Target by Three Years
Ecuador’s Public Debt Decreases Ahead of Schedule Ecuador’s government has achieved its goal of reducing the public debt ahead of schedule. According to the Law for the Regulation of Public Finances, the debt should be equivalent to 57% of Ecuador’s Gross Domestic Product (GDP) by 2025, but in 2022 it was already at 56%. The […]
In Solitude, Conaie Resumes its 10 Original Demands
The Confederation of Indigenous Nationalities of Ecuador (Conaie) has decided to leave the dialogue tables with the government and return to its ten original demands from the national strike of June 2022. This decision was made during the last extended council of Conaie. The Conaie’s first demonstration will be on March 8th, in conjunction with […]
National Assembly Approves Report Recommending Impeachment Against President Lasso in Encuentro Case
Commission's Report Seen as Preamble to Possible Political Trial, but Not Binding The ‘Occasional Specialized Commission for Truth, Justice and the Fight against Corruption,’ created in January 2023 to investigate the alleged links between the government of Guillermo...
New Trade Agreement with Costa Rica opens market for ceramics, dragon fruit, and hundreds of other products
On Wednesday, March 1, 2023, President Lasso signed a trade agreement with Costa Rica, marking the first of his administration with the Latin American country. The Ecuador Costa Rica Trade Association Agreement is expected to come into force during the last quarter of 2023 and hopes to increase the value of Ecuador’s exports to Costa […]
Ecuador and Panama Work Towards Partial Scope Trade Agreement to Boost Economic Relations
Update to: Government promises five trade agreements and less taxes in 2023 Published: Volume 7, Issue 14 The governments of Ecuador and Panama are taking steps to enhance their economic relations by initiating a “partial scope” trade agreement. This move comes as Panama solidifies its position as one of the main destinations for Ecuadorian exports, […]
Country’s covid-19 cases and deaths at lowest points in three years
However, the Ministry of Health says that the XBB.1.5 subvariant is already circulating in the country, considered by the WHO as the most contagious since the appearance of Covid-19. According to the Ministry of Health, Ecuador reported the lowest number of Covid-19 infections between February 19 and 25, 2023, since the pandemic broke out in […]