What was once a search-and rescue operation is now focused on finding the bodies of those who lost their lives on March 27, 2023.
Unexpectedly heavy rains in Cuenca result in flooding
During the last week of April, the winter in Cuenca has become more severe, resulting in prolonged and heavy rainfall that has led to flooding and other emergencies. It’s expected to continue thru May, albeit with reduced intensity.
WE are so lucky
As I was looking at the proofs of the stories that would be in this edition of the Cuenca Dispatch, I came across the article about the Alausí landslide. I thought I had seen enough photos of it to understand what happened. But my curiosity was piqued, so I decided to click on the video […]
After minor turmoil, Conaie candidate wins control of Pachakutik movement
The election of Conaie’s candidate for the role of national coordinator of Pachakutik may be a bellwether for Ecuador’s political future.
Credit Suisse to purchase $800 million of Ecuador external debt, country risk falls in response
Credit Suisse has made an offer to purchase a portion of Ecuador’s external debt bonds through a reverse auction. The offer is for $800 million, which is equivalent to almost 2.8% of GDP. The Finance Ministry has stated that it is not involved in the offer.
Google wallet up and running in Ecuador, as adoption of mobile payment service rises
Ecuador is the first Andean country where Google Wallet, an application for storing and using cards, has been launched. Additionally, the mobile payment service created by Apple will soon be available.
Many in National Assembly say there would be no grounds for ‘Cross Death’
PSC, PK, and ID, and the opposition majority in the National Assembly, say President Guillermo has no grounds to invoke Cros Death, regardless of what he thinks.
National Assembly demands that the government stop illegal mining in Napo and asks to modify two decrees
The Plenary of the National Assembly unanimously approved the inspection and monitoring report on illegal mining in the Yutzupino sector in the province of Napo, after the activity got out of control at the end of 2021. The legislature demanded that President Guillermo Lasso reform Executive Decree 754, which created the Commission for the Control […]
Ecuador pursues trade pacts with Canada, Panama, and the Dominican Republic
The government aims to expand its record of successful trade agreements by including three new countries on its list, which already features China, Costa Rica, and South Korea.
Quito Metro announces new prices
Update to: Quito Metro’s Commercial Operations to Start in Q4 2023 Published: Volume 7, Issue 28 Effective May 2nd, citizens will no longer be able to enjoy free rides on the Quito Metro, as the company that manages the transportation system has announced that payment will now be required. For the general public, the rate […]
Adequate Employment rises by 2%, but number of informal workers grows by 2.4%
Update to: Unemployment falls and informality increases in January 2023 Published: volume 7, Issue 21 According to the INEC, Ecuador’s first quarter of 2023 saw an increase in suitable employment to 34.9%, which is a two-percentage point rise compared to the same period in 2022. However, the informal sector also experienced growth, with 53.5% of […]
Cosepe recommends Lasso issue decree for confronting terrorism with lethal force
The Public and State Security Council (Cosepe) recommended that President Lasso issue a decree to define actions to confront terrorism, including the use of lethal weapons. Following Cosepe’s decision to declare terrorism a threat to the State, Defense Minister Luis Lara spoke about the new role that the Armed Forces will have.
Three judicial officials accused of influence peddling
Diana Salazar, the State Attorney General, has asked the National Court of Justice to schedule a time and date for the formulation hearing of a provincial judge and two associates.