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Ecuador's Original English Language Newspaper

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Cream or sugar?

I’ve got to get something off my chest that I’m dealing with right now, and I know I’m going to sound like a whiner, or a jerk, or maybe even an ass, but here goes. Family aren’t the only ones who get to grieve. Now let me explain that. As I’ve written about before, my […]

Addressing the road situation in Azuay province: Minister of Transportation Darío Herrera shares government’s plans

The Minister of Transportation and Public Works, Darío Herrera, gave an interview this week and spoke about the situation and progress in the rehabilitation of the roads in the Azuay province, as well as future projects and investment for the development of the province. Amidst the current road repairs, which were necessitated by structural damage or landslides and have resulted […]

Lasso’s defense during impeachment will include previously unpublished reports

Guillermo Lasso, the President of Ecuador, is facing accusations of embezzlement for a contract signed between the public company Flota Petrolera Ecuatoriana (Flopec) and the international freight liner consortium, Amazonas Tanker. The legislators who have brought the impeachment charge against Lasso allege that his government failed to terminate the contract with Amazonas Tanker despite it […]

Ecuador’s 2022 foreign investment grew by 22% but fell well short of 2020 levels

Published on April 11, 2023

Facebook Twitter Google+ LinkedIn Foreign direct investment in Ecuador increased by 22% in 2022, amounting to $788 million, but it still fell short of the level reached in 2020, which was $1.095 billion.  The slow growth of foreign investment during the Government of Guillermo Lasso has been attributed to political uncertainty and lack of legal […]

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