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Police raid Mexican embassy in Quito to apprehend Jorge Glas

Police raid Mexican embassy in Quito to apprehend Jorge Glas

by | April 8, 2024 |

The events that unfolded on the night of Friday, April 5th, resulted in a breakdown in relations between both countries. The raid by Ecuadorian police officers on the Mexican Embassy in Quito has brought the country into the international spotlight. On Friday, April 5th, uniformed officers entered the diplomatic headquarters to arrest the former vice […]
Ecuadorian coffee production is in decline and now supplies only 50% of national consumption

Ecuadorian coffee production is in decline and now supplies only 50% of national consumption

by | April 8, 2024 |

Coffee production has declined to the point where Ecuador is now importing coffee from Brazil, Vietnam, Colombia, Central America, the United States, and other markets. Coffee production in Ecuador has been declining for many years. Although there are no accurate figures, the Ecuadorian National Coffee Association (Anecafé) estimates that in the last three years, production […]
Broken Glas

Broken Glas

by | April 8, 2024 |

I’m going to say it right now so there is no confusion on where I stand: I am behind Noboa and his decision to raid the Mexican embassy to arrest Jorge David Glas Espinel, the corrupt former Vice President of Ecuador. Now, would I have done it, or would I have recommended he do it […]
Evaluating the Impact of Ecuador-Mexico Diplomatic Strain on Trade Relations

Evaluating the Impact of Ecuador-Mexico Diplomatic Strain on Trade Relations

by | April 8, 2024 |

Analysts cautiously suggest that the diplomatic collapse between Ecuador and Mexico will have a minor impact on trade. Diplomatic tensions between Ecuador and Mexico escalated following the arrest of former vice president Jorge Glas within the Quito embassy premises. This incident, occurring on the night of Friday, April 5, has ramifications beyond the diplomatic arena, […]
The contribution of hydroelectric plants is declining, and Colombia is reducing electricity sales to Ecuador

The contribution of hydroelectric plants is declining, and Colombia is reducing electricity sales to Ecuador

by | April 8, 2024 |

The contracting of new electricity generation is still pending. According to Cenace, the country needs to incorporate 475 megawatts in 2024. The contribution of hydroelectric plants in Ecuador has decreased in recent weeks, while at the same time Colombia has reduced electricity sales to Ecuador. Between April 1 and 4, 2024, hydroelectric plants contributed an […]

Update: Eleven Ecuadorian migrants were traveling in a vehicle that crashed on the Chihuahua-Ciudad Juárez highway in Mexico

by | April 8, 2024 |

Update to: Tragic Bus Accident in Mexico Leaves Two Dead and 19 Injured, Including Ecuadorian migrants Published: Volume 7, Issue 52 The incident, which occurred at noon on Thursday, April 4th, at kilometer 110, resulted in one Ecuadorian individual being transported by helicopter to the Salvador Zubirán General Hospital to receive medical care. The 41-year-old […]

Update: The country risk has declined to 1,180 points, attributed to the visit of an IMF mission to Ecuador and the surge in crude oil prices

by | April 8, 2024 |

Update to: Ecuador’s country risk drops 130 points in one week Published: Volume 8, Issue 23 As of April 4, 2024, Ecuador’s country risk stands at 1,180 points, marking a decrease of 53 points since March 31. This reduction is observed amidst negotiations for a new agreement with the IMF. This figure represents the lowest […]

Ecuadorian migrants sent over $5.4 billion back to the country in 2023

Published on April 08, 2024

Facebook Twitter Google+ LinkedIn This record number reflects the new wave of migration that has surged following the COVID-19 pandemic. Between 2021 and 2023, a total of 351,966 Ecuadorians are registered as having left the national borders and not returned. This number surpasses the 183,307 individuals who left and did not return during the period […]

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