The most recent drop in the country risk came after the government sent its proposed VAT increase to the national Assembly.
Ecuador’s Country Risk Hits Lowest Level in Two Months Amid Government Measures
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Volume 8, Issue 16
January 21, 2024
Noboa says that the narco-terrorist groups gained strength over years, with roots extending back at least a decade
The President also said that for him re-election is not the priority, asserting that, “making a change in this country is the priority.”
Violent Death Rate Plummets From 28 to 6 Per Day in Just 40 Days
On January 9th, President Daniel Noboa declared an internal armed conflict, mobilizing the Armed Forces in the country.
Rising Remittances Shed Light on Kidnapping Crisis Faced by Ecuadorian Migrants
Ecuadorian families are paying as much as $5,000 to $7,000 for the release of their kidnapped relatives.
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Tourism Struggles for Survival on Manabí’s Shores Amidst Rising Insecurity
Daily losses of $500,000 in Manta alone are anticipated, as productive sectors anxiously await the Carnival, hoping for recovery through modifications in the curfew.
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“I could have sent her to Antarctica,” remarked Daniel Noboa about Vice President Verónica Abad
Daniel Noboa defends the role of Vice President Verónica Abad and refrains from condemning Israel for its actions in the war.
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Be serious
“I could have sent her to Antarctica.” Oh my god, I just about had my coffee come out of my nose when I read that headline. Seriously. That’s funny, no matter what anyone thinks. But the fact of the matter is that Noboa was right, by the rules of the Constitution, he could have assigned […]
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US-Ecuador Maritime Cooperation Agreement Faces Constitutional Scrutiny
Broad agreement on maritime cooperation signed under Lasso government.
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Update – New Airport Rules and Regulations in Ecuador Amid State of Emergency
Update to: Ministry of Transportation Confirms Normal Operations at Ecuadorian Airports Published: Volume 8, Issue 15 As Ecuador grapples with a 60-day state of emergency declared on January 8, 2024, due to rising insecurity, travelers navigating the country’s airports face new rules and heightened security measures. Despite the challenges posed by the state of emergency, […]
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Update – Successful Repatriation Effort Releases 563 Juvenile Galapagos Giant Tortoises to Natural Habitats
In a significant conservation milestone, 563 juvenile Galapagos giant tortoises of four different species were successfully repatriated to their natural habitats across the islands of Isabela, San Cristóbal, Santa Cruz, and Española in the Galapagos archipelago during the year 2023.
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Update – Noboa now characterizes the VAT hike as a “temporary” measure.
During a recent radio interview on La FM de Colombia, President Daniel Noboa described the 15% Value Added Tax (VAT) increase as temporary.
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