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Ecuador's Original English Language Newspaper

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UPDATES 1-5-2020

Update to: Ecuador plays an unfortunate role in South America’s drug trade Published: Volume 5, Issue 8 Ecuador ends 2020 with more drugs seized and more violent crimes than in 2019 During 2020, Ecuadorian Police seized 54 more tons of drugs than last year. In 2019, 70 tons were seized, in 2020 a total of 128 […]

Ecuador cocoa sector to expand with larger potential US market and an increase in harvestable hectares

Expectations regarding the “first phase agreement” that the United States and Ecuador signed in early December are high for the national cocoa sector. This so-called “short agreement” has only four chapters: facilities for international trade, good regulatory practices, benefits for medium and small business enterprises, (MSMEs) and the fight against corruption in international trade. Francisco Miranda, President of the National […]

Increase in illegal crossings from Ecuador into Peru leads toviolent gang conflicts

According to the Ecuadorian intelligence agencies, the flow of foreigners (Venezuelans and Colombians) using interprovincial transport buses on the road from Tulcán to Huaquillas has increased significantly over the last three months; most of them are hoping to illegally enter into Peru using clandestine crossings. Police investigations have revealed that there is an entire human […]

CUENCA SHORT STORIES 1/6

Referendum on prohibition of mining exploitation will cost between $130,000 and $ 140,000 Executing the Popular Consultation on the prohibition of mining exploitation will cost the Municipality of Cuenca between $130,000 and $140,000, according to estimates by the authorities. According to José Luis Espinoza, the General Manager of the Municipal Potable Water Company (ETAPA), this […]

Deflation presents a new phenomenon for Ecuador

Published on January 06, 2021

Facebook Twitter Google+ LinkedIn Since 2001—after dollarization—inflation in Ecuador has fallen drastically. Before dollarization, with the sucre currency, inflation in the 90s was around 40%. And now, in 2020, there was actually deflation, a relatively strange phenomenon in a country that had always been used to periods of high inflation. According to economic analyst Luis […]

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