2024 Aeronautical Optimism Surges with Low-Cost Airline, Expanded Routes to Panama and Madrid
Jetsmart Airlines will start flying in Ecuador in March and Copa and Iberia will add more weekly frequencies.
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Update: Hydroelectric power conditions show improvement, yet risk of additional blackouts after January 15th persists
Update to: Ecuador’s current energy crisis highlights the need to branch out from its reliance on hydroelectricity Published: Volume 8, Issue 7 The Mazar and Paute Hydroelectric plants, situated in the southern part of the country, have experienced an increase in reserves due to the recent intense rains. Concurrently, the Coca Codo Sinclair plant is […]
Update: Daniel Noboa shortens the security period granted to former presidents.
Update to: Verónica Abad Faces Security Cutback Amidst Vice Presidential Tensions Published: Volume 8, Issue 13 On December 5, 2024, President Daniel Noboa signed Executive Decree No. 108, reforming the security measures for former presidents and vice presidents of the Republic of Ecuador. Under the new regulations, these former officials will receive state security for […]
Fito’s Escape Highlights the Infiltration of Organized Crime Within the Prison System
Security analysts say that Fito's escape was implausible without the complicity of his guards, underscoring the crucial point that he must have received advance notice of his intended prison transfer.
With few options for addressing the fiscal crisis, Ecuador prepares to initiate talks with the IMF
Ecuador is strategically positioning itself for a potential engagement with the IMF as it grapples with a pressing fiscal crisis.
I want to be optimistic, but…
When I began writing this column eight years ago, I never thought about how long I’d keep at it or what direction it would take. Initially, I focused on positive stories about Ecuador, thinking the country was moving in the right direction. Over time, the tone shifted as I paid more attention to the political […]
Latin America’s Economic Landscape: Wage Structures and Minimum Wage Adjustments in 2024
Costa Rica leads, Ecuador makes strides even with dismal minimum wage Increase.
The Urgent Crisis of Journalist Safety in Ecuador
Last year’s rise in threats and attacks on journalists underscores the need for government protection.
Analyzing the Nuances of President Noboa’s Security Consultation
President Daniel Noboa's strategic move to initiate a security consultation comprising 10 questions has sparked widespread debates about its feasibility and potential ramifications.
Ecuadorian Central Bank Divests Portion of Gold Reserves, Distributes Profits to the Government
The sale of gold from international reserves left profits of $252.9 million for the Central Bank, $177 million of that amount will go to the Central Government.
Ecuador Navigates Fiscal Crisis with Urgent Measures Recommended by Renowned Economist
Published on January 08, 2024
An unsettling examination of the financial landscape in 2024 prompts one expert to recommend reductions in fuel subsidies, an increase in Value Added Tax (VAT), and a straightforward communication approach with citizens regarding the prevailing financial crisis.
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