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Government files three peculado complaints tied to Cuenca municipal hospitals

The allegations target contracts for hospitals in El Valle, Baños and Ricaurte and are separate from the suspended mayor’s existing enrichment case. Ecuador’s central government has filed three complaints with prosecutors alleging possible peculado (i.e., embezzlement of public funds or misappropriation of state assets) in the construction of Cuenca’s municipal hospitals in El Valle, Baños […]

Extra Ecopaís and diesel prices fall again while Súper rises

Lower-octane gasoline and diesel drop four cents per gallon from October 12th, while unsubsidized Súper moves higher. Drivers in Ecuador will pay four cents less per gallon for Extra and Ecopaís gasoline and for diesel beginning October 12th, continuing a series of fuel-price reductions even as premium Súper gasoline becomes more expensive. The new prices […]

Graiman invests $25 million in new Cuenca ceramic line aimed at higher value exports

The Cuenca manufacturer will begin producing large-format ceramic and porcelain pieces in November after nearly four years of planning and installation. Cuenca-based Graiman is preparing to begin production in November on a new ceramic-manufacturing line built around approximately $25 million in Italian technology, one of the largest recent industrial investments announced by an Azuay company. […]

Multiple forest fires hit Cuenca as authorities prohibit pyrotechnics

Fire crews responded across seven sectors Saturday as dry vegetation and wind push Azuay deeper into a dangerous fire season. Cuenca firefighters battled multiple forest fires across the canton on October 10th, prompting authorities to reinforce a prohibition on pyrotechnics at public events as extraordinarily dry vegetation and wind continue to increase the risk of […]

Ecuador borrowing risk climbs above 500 points as financing pressure returns

The country-risk indicator reached its highest level of 2026 this month, threatening to make future government borrowing more expensive. Ecuador’s country-risk indicator climbed above 500 points in early October and reached its highest level of 2026, reversing part of the dramatic improvement that earlier this year allowed the government to return to international bond markets […]

Industries face three days of power cuts as Ecuador tries to protect Mazar

Published on October 12, 2026

Facebook Twitter Google+ LinkedIn More than 9,000 large industrial users face weekly disconnections as the government tries to keep household electricity flowing. Ecuador enters a new phase of its dry-season electricity strategy Monday, October 12th, when thousands of large and medium industrial customers begin scheduled disconnections three days each week as the government tries to […]

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