Following Venezuela’s presidential election, Nicolás Maduro’s victory has been widely contested, with opposition leaders and numerous international voices demanding a recount due to allegations of fraud and lack of transparency. In the wake of Sunday’s presidential election in Venezuela, the international community has raised significant concerns regarding the transparency and legitimacy of the declared results. […]

Correísta-led Commission deems International Monetary Fund (IMF) loan illegal and calls for Finance Minister’s removal. The Transparency Commission of the National Assembly, driven by a Correísta (RC) effort against the Noboa government, has issued a significant recommendation regarding Ecuador’s most recent IMF loan. The Commission suggests that the Assembly declare the debt contracted with the […]

Although experts and industrialists believe that Ecuador’s economy is stagnant and will remain so for the next few months, the Central Bank believes that a recovery phase will begin in July. In a recent interview, the manager of the Central Bank of Ecuador (BCE), Guillermo Avellán, says that the recession period of the economic cycle […]