Ecuador Receives IDB Guarantee for Debt-for-Nature Exchange

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In this article
More from this issue

National Assembly to decide whether to impeach President Guillermo Lasso
Foreigners and the middle class being courted by Manabí’s real estate offerings
Gangs using technology to commit crimes and elude authorities
Innocent individuals caught in the crossfire of vigilante justice in Cuenca
Lasso signs decree to use military to combat ‘terrorism’ in Ecuador
Navigating through the Darién: wildlife, treacherous taters, and narcotics trafficking
Palacios leaves office having left many unmet promises on the table
Tax Reform Provides Progressive Deductions for Individuals with Monthly Income up to $3,000
So, we can just ignore the Constitution now?
After three and a half years of operation, Cuenca’s tram still not integrated with city’s bus lines

Ecuador Receives IDB Guarantee for Debt-for-Nature Exchange
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National Assembly to decide whether to impeach President Guillermo Lasso

by Rebeca Mendoza | May 8, 2023 | Volume 7, Issue 31

In a clear sign of political manipulation, Correístas held up approval of the Oversight Commission’s report—although the President of the Commission says that there is no proof to impeach Lasso— and now intend to vote it thru in the Assembly. On Saturday, May 6th, the Oversight Commission in Ecuador was unable to approve a report […]

Foreigners and the middle class being courted by Manabí’s real estate offerings

by Rebeca Mendoza | May 8, 2023 | Volume 7, Issue 31

Four Manabi cantons make up a strategic real estate development area with an investment of over $100 million. Manabí province, located in the central coast of Ecuador, has become a strategic real estate development setting with an investment of over $100 million in the construction sector. The boom in real estate activity in four of […]

Gangs using technology to commit crimes and elude authorities

by Rebeca Mendoza | May 8, 2023 | Volume 7, Issue 31

A gun printer, a highway surveillance center, and drone robberies are just some of the technological advances being used by criminals in Ecuadorian. Ecuador is currently facing a surge in crime and violence, with authorities identifying at least eight criminal gangs associated with drug trafficking. These gangs are involved in providing logistical, transportation, storage, and […]

Innocent individuals caught in the crossfire of vigilante justice in Cuenca

by Rebeca Mendoza | May 8, 2023 | Volume 7, Issue 31

Due to the increase in crime in Cuenca, there has been a surge in vigilantism, and unfortunately, innocent people have been attacked. In recent months—due to the insecurity prevailing in the region—the city of Cuenca has witnessed a wave of citizens taking justice into their own hands. The rise in extortion and robberies in shops […]

Lasso signs decree to use military to combat ‘terrorism’ in Ecuador

by Rebeca Mendoza | May 8, 2023 | Volume 7, Issue 31

Following Cosepe’s declaration of terrorism as a threat to Ecuador, President Lasso decrees that the Armed Forces can carry out military operations to confront terrorists. On May 3, 2023, the State and Public Security Council (Cosepe) of Ecuador declared terrorism as a threat to the country, following a surge of violence caused by criminal gangs. […]

Navigating through the Darién: wildlife, treacherous taters, and narcotics trafficking

by Rebeca Mendoza | May 8, 2023 | Volume 7, Issue 31

The Darién jungle, located on the border between Colombia and Panama, is not just an irregular passage for migrants. It is an impassable 17,000 square kilometer jungle that has been declared a Biosphere Reserve by UNESCO for its unique biodiversity. The Darién National Park, on the Panamanian side, was created in 1980. This reserve represents […]

Palacios leaves office having left many unmet promises on the table

by Rebeca Mendoza | May 8, 2023 | Volume 7, Issue 31

Cuenca’s outgoing mayor came to office promising several major projects, but leaves having fulfilled very few. Pedro Palacios, the outgoing Mayor of Cuenca, Ecuador, will leave behind a mixed legacy when he departs on May 13th. While his administration has accomplished some notable achievements, there are many large-scale projects left on the table. One of […]

Tax Reform Provides Progressive Deductions for Individuals with Monthly Income up to $3,000

by Rebeca Mendoza | May 8, 2023 | Volume 7, Issue 31

Update to: SRI will apply new control for Income Tax Published: Volume 7, Issue 10 With the tax reform that the Executive submitted to the Assembly, the State’s income from Income Tax would be reduced by somewhere between $50-$200 million. The director of the Internal Revenue Service (SRI), Francisco Briones, explained that the government’s tax […]

So, we can just ignore the Constitution now?

by Rebeca Mendoza | May 8, 2023 | Volume 7, Issue 31

The political situation in Ecuador has come to a head with the debate over the potential impeachment of President Guillermo Lasso. And it’s something every ex-pat should be worried about. On Saturday, after a month of back-and-forth petty arguments during the entire impeachment process, the Oversight Commission, which is tasked with deciding whether Lasso should […]

After three and a half years of operation, Cuenca’s tram still not integrated with city’s bus lines

by Rebeca Mendoza | May 8, 2023 | Volume 7, Issue 31

Cuenca’s tram system has been grappling with reducing operating losses since its debut on September 22, 2019. In 2022, Cuenca’s tram collected $2.7 million in fares, covering less than half of the annual operating cost of $5.5 million. The Municipality of Cuenca subsidizes the remaining operating cost. The tram also carries a debt of $50 […]

Ecuador's Original English Language Newspaper

In this article

More from this issue

National Assembly to decide whether to impeach President Guillermo Lasso

Foreigners and the middle class being courted by Manabí’s real estate offerings

Gangs using technology to commit crimes and elude authorities

Innocent individuals caught in the crossfire of vigilante justice in Cuenca

Lasso signs decree to use military to combat ‘terrorism’ in Ecuador

Navigating through the Darién: wildlife, treacherous taters, and narcotics trafficking

Palacios leaves office having left many unmet promises on the table

Tax Reform Provides Progressive Deductions for Individuals with Monthly Income up to $3,000

So, we can just ignore the Constitution now?

After three and a half years of operation, Cuenca’s tram still not integrated with city’s bus lines

Ecuador Receives IDB Guarantee for Debt-for-Nature Exchange

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