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Ecuador's Original English Language Newspaper

Volume 8, Issue 44
August 4, 2024
Colombia and Peru Flourish in Tourism While Ecuador Faces Setbacks

Colombia and Peru Flourish in Tourism While Ecuador Faces Setbacks

Security problems are hampering Ecuador’s hopes of making a comeback as a tourist destination. Colombia and Peru have been able to overcome this issue. Colombia and Peru are two of the most popular tourist destinations in Latin America, while Mexico, Argentina, and the Caribbean remain popular. In contrast, Cuba is hampered by supply problems, Venezuela […]

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Karpowership’s Troubling Track Record and Heavy-Handed Fee Collection in Other Countries

Karpowership’s Troubling Track Record and Heavy-Handed Fee Collection in Other Countries

Turkey’s Karpowership, which will charter a barge to Ecuador, has faced legal issues and taken a tough stance on collecting invoices in some countries where it has operated.

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President Daniel Noboa’s Battle in the Constitutional Court Amid Legislative Tensions

President Daniel Noboa’s Battle in the Constitutional Court Amid Legislative Tensions

President Daniel Noboa, facing a fractured relationship with the National Assembly, is increasingly turning to the Constitutional Court in an effort to shift the political balance in his favor. As tensions with the legislature escalate, the President seeks judicial intervention to uphold his policies and counter legislative resistance. The relationship between the Government and the […]

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Stupid is as stupid does

Stupid is as stupid does

Wow, hell of a week, huh? The stock market started crashing last week and went into freefall on Monday. Seems the job report from last week has the world fearing that the United States will go into a recession. Sure, that could happen, but what I suspect will really happen is that in September the […]

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Noboa Still Needs $6.049 Billion in Loans to Get Through December: Where Will He Find Them?

Noboa Still Needs $6.049 Billion in Loans to Get Through December: Where Will He Find Them?

Local lenders have become a lifeline for the Noboa government, having lent it $4.095 billion. However, it still needs to raise $6.049 billion for the remainder of the year.

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Energy Minister Predicts Severe Drought and Reservoir Decline, Outlines Action Plan

Energy Minister Predicts Severe Drought and Reservoir Decline, Outlines Action Plan

Energy Minister Antonio Goncalves reported on July 26, 2024, that July saw the lowest water levels in Ecuador’s reservoirs in 61 years. Speaking to Forever Radio, Goncalves highlighted the severity of the upcoming dry season, which he predicts will be drier than the years 1992, 1995, and 2023.

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Update: Verónica Abad in “Danger” in Israel, Warns Ecuador’s Vice President

The Vice Presidency of Ecuador has issued a warning regarding the safety of Verónica Abad, stating that her security is crucial for maintaining the presidential line of succession.

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Update: Ecuador Secures 250 MW in New Energy Contracts to Tackle Crisis

Energy Minister Antonio Goncalves announced on August 3rd that contracts have been signed to supply a total of 250 MW of additional energy to the national grid.

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