Under the Law aimed at addressing the armed conflict, banks and cooperatives are required to remit taxes ranging from 5% to 25% in May 2024, contingent upon their respective profit margins. Banks and cooperatives in Ecuador are facing a significant tax burden, with...
Ecuadorian foreign minister Gabriela Sommerfeld reiterated the government's success in reducing the homicide rate by 60% under Daniel Noboa's administration, following the imposition of a state of emergency last January. Ecuador has witnessed an alarming eight-fold...
by David Tarazona on March 15, 2024 Mining – both illegal and legal – went from deforesting 185 hectares in the Punino River, Napo, in 2022 to 784 in 2023, according to the most recent report from the Andean Amazon Monitoring Project (MAAP) and the Ecociencia...
An old New York airfield located “in the middle of nowhere” is the camp that houses dozens of Ecuadorian migrants seeking asylum. Gusts of polar wind sweep across the runways of an old, disused New York airfield. It is the “middle of nowhere” that houses some 1,800 migrants, including Ecuadorians, who have become a symbol […]
Before I compose this column each week, I take a sneak peek at the upcoming articles set for publication. It’s my routine to fashion my column around a central theme, drawing inspiration from one of the standout stories. Usually, it’s a smooth process, as one story often shines brighter than the rest. But this week, […]
April may bring an end to El Nino conditions and an influx of La Nina conditions by mid-year. The El Niño phenomenon, which has dominated weather patterns in recent months, is now in decline, according to Frigate Captain Luis Morales, General Coordinator of Oceanographic Affairs of the Oceanographic and Antarctic Institute of the Ecuadorian Navy […]
The Metastasis case has completed its investigation phase, highlighting a complex web of legal entanglements involving 52 individuals. April 13th marked the culmination of 120 days since the inception of the investigation phase. At this juncture, the Attorney General, Diana Salazar, is tasked with petitioning the National Court of Justice for the scheduling of the […]
Conaie, the Confederation of Indigenous Nationalities of Ecuador, has taken a firm stance against the upcoming referendum and popular consultation initiated by President Daniel Noboa’s government, slated for April 21st. The expanded council of Conaie, comprising representatives from fifteen indigenous nationalities, articulated their reasons for advocating a ‘No’ vote on all eleven questions posed in […]