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As Ecuador moves toward new elections, investment bankers worry about future debt payments

As Ecuador moves toward new elections, investment bankers worry about future debt payments

by | May 22, 2023 |

Will a new administration pay its debts? That is the big question looming for investment bankers. Ecuador’s history of defaulting on its debt justifies their concern. Ecuador is entering a stage of significant political uncertainty, raising concerns among investors about the future ruling government following the calling of Cross Death by President Guillermo Lasso. Investors […]
Eighteen ‘critically endangered’ Mangrove Finch fledglings successfully hatched in the Galapagos

Eighteen ‘critically endangered’ Mangrove Finch fledglings successfully hatched in the Galapagos

by | May 22, 2023 |

The Charles Darwin Foundation’s Mangrove Finch project research team has announced that a total of 18 healthy and strong new fledglings hatched from 9 successful nests during the 2023 field season. Since the Mangrove Finch project recovery project commenced in 2007 under the leadership of the Charles Darwin Foundation (CDF) and in collaboration with the Galapagos National […]
Cross Death brings savings to the state and numerous lost benefits for former Assembly Members

Cross Death brings savings to the state and numerous lost benefits for former Assembly Members

by | May 22, 2023 |

In addition to a salary of $4,759, legislators had a team of up to four people, received additional payments for living in Quito, tickets and a cell phone plan. Total savings could amount to $30 million. The recent dissolution of the National Assembly, implemented through President Guillermo Lasso’s decree of Cross Death, has significant implications […]

The Government of the United States (USA) recently announced the initiation of migrant removal flights to various countries, including Ecuador.

by | May 22, 2023 |

Update to: Ecuadorians among top three nationalities crossing the perilous Darién jungle Published: Volume 7, Issue 28 According to the United States Immigration and Customs Enforcement Service (ICE), multiple removal flights took place on May 18, 2023, involving thousands of migrants from Ecuador, Colombia, Guatemala, and Nicaragua. These migrants were either expelled, removed, or chose […]
CNE says express election process will start on Wednesday, May 24th, with voters going to the polls on August 20th

CNE says express election process will start on Wednesday, May 24th, with voters going to the polls on August 20th

by | May 22, 2023 |

The vice president of the CNE, Enrique Pita, announced the details of the electoral calenda, which by law must be condensed to 90 days. The National Electoral Council (CNE) is set to begin the election process on Wednesday, with voters going to the polls on August 20th, according to Vice President Enrique Pita. Pita provided […]
Eighty-four Ecuadorian foster homes serving as sanctuaries for almost 2,200 neglected and abused children

Eighty-four Ecuadorian foster homes serving as sanctuaries for almost 2,200 neglected and abused children

by | May 22, 2023 |

A Ministry of Economic and Social Inclusion (Mies) report delves deep into the factors leading children to seek refuge in 84 foster homes across the nation, with an unveiling comprehensive analysis. In a comprehensive report published in March 2023, the Ministry of Economic and Social Inclusion (Mies), unveiled the alarming statistics regarding children and adolescents […]
This has to stop

This has to stop

by | May 22, 2023 |

I thought the ‘big thing’ I would be droning on about this week would be the Presidential Decree for Cross Death that President Guillermo Lasso enacted this week. And I will get to it. But something else really struck me today and I can’t just ignore it. Yesterday, 6 people were killed, and 6 more […]

Citizens don’t care that Lasso called Cross Death and sacked Assembly

Published on May 22, 2023

Facebook Twitter Google+ LinkedIn With little respect for the entire political system, Ecuadorians are apathetic of Lasso’s call for Cross Death. Concerns over social unrest and protests against the Cross Death were merely speculative as citizens carried on with their daily routines, seemingly unconcerned with the dismissal of the Assembly and the potential abuse of […]

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