Correísmo’s resurgence brings back veteran politicians with controversial pasts, signaling potential legislative shifts and renewed political tensions in Ecuador. The return of former ministers and officials once prominent during the Rafael Correa administration is...
Ecuador’s government is preparing to receive international support to combat escalating insecurity, including drug trafficking and organized crime, within the next two to three weeks. President Daniel Noboa made the announcement on March 5th, outlining the...
Ecuador offers VAT refunds to seniors and disabled individuals, with options for in-person, online, and automatic reimbursement. The Internal Revenue Service (SRI) offers a tax benefit allowing senior citizens (65 years and older) and individuals with disabilities to...
Women in Ecuador face persistent wage disparities, with urban gaps widening despite legal efforts and gradual rural improvements. Despite years of legislative efforts and a gradual narrowing of the gender wage gap, women in Ecuador continue to earn significantly less than men, with an average monthly income shortfall of $84.50, according to the National Institute […]
Update to: Vice President Abad Faces Political Suspension Amid Controversy Published: Volume 9, Issue 21 Vice President Verónica Abad’s attempt to clarify the ruling that suspended her political rights has been rejected by a judge of the Electoral Contentious Tribunal (TCE), in a legal decision that could significantly impact her political future. On Friday, March […]
Ecuador’s past and present oil deals reveal shifting political strategies, financial risks, and controversies over foreign investment in Sacha. The Ecuadorian government’s handling of the Sacha oil field has long been a point of contention, marked by shifting political stances, failed alliances, and controversial contracts. While the current administration faces scrutiny for its decision to […]
Ecuador’s rising country risk reflects investor fears over political uncertainty, legal challenges, and the controversial Sacha oil field contract. Ecuador’s financial stability has taken a hit as its country risk index surged beyond 1,400 points, reflecting mounting concerns from international investors. The sharp increase follows political and economic uncertainty surrounding the controversial awarding of the […]
Ambivalence. That’s the word that best describes how I feel about my upcoming trip to the US. By the time you read this, I’ll be on a plane, first to Quito for the night (Monday), then on to the US early Tuesday morning. I’ll return here in eleven days. And I’ve never been so uninterested […]
Ecuador’s rising country risk, fueled by political instability, economic uncertainty, and weak institutions, threatens financial stability. Ecuador’s country risk indicator has once again spiked, reflecting persistent concerns about the nation’s financial stability. On February 27, 2025, the index stood at 1,370 points, a stark increase from the 901 points recorded just weeks earlier on February […]
Atahualpa’s once-thriving furniture industry is fading as escalating crime and gang violence turn the town into a ghostly, fearful community. The town of Atahualpa, once celebrated as the ‘furniture capital’ of Santa Elena, is now gripped by fear. Criminal activity has turned its streets into crime scenes, forcing residents into isolation and silencing the bustling […]
Los Lobos raided Ambato hospital, freed a prisoner, sparked chaos, and fled after a deadly police shootout. A pre-dawn assault on the Ambato Teaching Hospital by armed members of Los Lobos left patients and staff in terror as the gang attempted to free a detained leader. The violent attack, which led to a dramatic shootout […]