General Motors Auto Parts Manufacturer Laments: “Today Marks a Dark Day for the National Industry”
The General Motors assembly plant in Ecuador produces 51% of the cars assembled in the country, primarily the Chevrolet D-Max.
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North American Tourist Fatally Shot in Manta Restaurant During Robbery Attempt
The victim had been planning to return to the United States in October.
Who turned out the lights?
Let me start by saying that if you are a regular reader of this column, you have obviously gleaned from my writing that I am a huge supporter of Ecuador’s President, Daniel Noboa. I think that he was exactly the person that Ecuador needed to take it forward—a young, short on tenure politician who came […]
Chevrolet to Cease Car Assembly in Ecuador by August, Production to Halt in Colombia
The General Motors plant in Ecuador (GM OBB) currently assembles models like the D-Max truck, Ecuador's top-selling vehicle.
President Noboa’s cabinet and management now rest on the shoulders of three ministers
The latest changes in the ministerial cabinet have placed the security and energy crises in the hands of Ministers Mónica Palencia, Michele Contugi, and Roberto Luque, along with the future of reforms stemming from the popular consultation.
Controversy Brews Over Mayor’s Armored Car Purchase
The Municipality of Cuenca recently made headlines with its acquisition of an armored vehicle for the exclusive use of Mayor Christian Zamora. The purchase, costing approximately $180,000, has stirred up a storm of controversy and raised questions about the allocation of public funds.
Minister Requests Resignations in Termogás Machala, Dubbed ‘Epicenter of Energy Inefficiency’
Roberto Luque visited each generation plant to assess which equipment was inoperative.
Update: Cross-Border Power Reconnected: Ecuador and Colombia Restore Electricity Link
Update to: The contribution of hydroelectric plants is declining, and Colombia is reducing electricity sales to Ecuador Published: Volume 8, Issue 27 Ecuador and Colombia reestablished their power line, after a day of the connection being cut by the government of the neighboring country. This was announced by the Ministry of Energy, through its official […]
Update: Ecuador’s Country Risk Drops with IMF Agreement
Published on April 28, 2024
Facebook Twitter Google+ LinkedIn Update to: Country risk falls more than 900 points so far in 2024 Published: Volume 8, Issue 29 Following the news of Ecuador’s technical agreement with the International Monetary Fund (IMF), the country’s risk fell by 40 points, bringing the indicator to 1,119 points on April 25, 2024, down from 1,159 […]
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