by Geraldine Santos With more than 404,103 hectares spread across four provinces, the Cayambe Coca National Park is the third largest in Ecuador and the only one that passes through the equatorial line. The area is divided into two zones: one is Amazonian forests, and...
The credit portfolios of banks grew by 8.2% in July 2024, with deposits increasing by 11%. In contrast, credit growth in cooperatives was only 0.7%, the lowest level since 2016.
The Citizen Revolution has announced Luisa González and Diego Borja as its 2025 presidential and vice-presidential candidates, while Rafael Correa criticized President Daniel Noboa and rejected alliances with other leftist groups, focusing on positioning the party as a strong opposition force.
María José Pinto González-Artigas, a business leader and social advocate with extensive experience in the textile industry and public service, has been nominated as Daniel Noboa’s vice-presidential candidate for the 2025 Ecuadorian elections.
In 2023, Latin America’s foreign direct investment fell by 10%, with Ecuador experiencing a dramatic 57% decline, driven by reduced inflows to major economies and a downturn in service sector investments.
Speothos venaticus, a rare wild canid, was recently sighted in the northern region of Sucumbíos, Ecuador.
Four old power generation barges, abandoned by Termoguayas, are docked where the Turkish-made power generation ship Emre Bey will soon be anchored. The Emre Bey is expected to contribute 100 MW of electricity to Ecuador’s interconnected system.
The week began with declines in international stock markets and Ecuador’s country risk reaching 1,460 points. By week’s end, the risk had dropped to 1,397 points.
Update to: Ecuador begins its official withdrawal from Unasur Published: Volume 4, Issue 15 President Daniel Noboa has directed the Ministry of Foreign Affairs to transfer the abandoned Unasur building to the Secretariat of Higher Education (Senescyt) to expand the academic offerings through Higher Education Institutes. Once the headquarters of the Union of South American […]
Update to: Verónica Abad in “Danger” in Israel, Warns Ecuador’s Vice President Published: Volume 8, Issue 44 President Daniel Noboa has ordered the “temporary transfer” of Vice President Verónica Abad from her role as Ecuador’s ambassador to Israel to the Ecuadorian Embassy in Turkey, located in Ankara. This directive, issued through Executive Decree 353, was […]
It’s that time of year when Ecuador’s political powers pick their candidates who will soon be talking a lot about the economy, country-risk, credit, foreign investment, and maybe a little on the side about the energy crisis. In the end, like in most democratic countries, people will elect their “leaders” based on the party they […]