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Ecuador's Original English Language Newspaper

Ministry of Tourism suspends draft regulation for ‘Airbnb’ properties

Published on May 18, 2022

Facebook Twitter Google+ LinkedIn Proposal for rules for leasing real estate for tourist use, released on Tuesday, May 10th, generated support and criticism, acknowledges Minister Niels Olsen. The draft of the Regulation for the Leasing of Properties for Tourist Use that the Ministry of Tourism disclosed on Tuesday, May 10th, was suspended due to lack of consensus, the Minister of […]

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According to investment banks Ecuador won’t need to issue external bonds in 2022

by | May 18, 2022 |

The good economic environment leaves room for an increase in public spending in the second half of 2022, say Barclays and Bank of America. Ecuador will not need to issue debt bonds on the international market in 2022, due to the rise in oil prices, a good macroeconomic performance and the support of the International […] To view this article you must have an active subscription. Already a member? Sign in. Subscribe to weekly reports on Ecuador’s economics, politics, crime and more. Not sure you want to commit? Don’t worry, you can cancel anytime. For a limited time,subscribe now and get your first month for only $1. Regular subscriptions available at $4.99/month or $42/year. Subscribe now!

A big lie continues

by | May 18, 2022 |

Wow, gasoline in the US hit $4.11 a gallon in the US last month. Imagine what that does to the average American’s ability to spend on other critical items like food, utilities and other forms of transportation. I’ve read a lot about the anger this is generating back ‘home.’ And from the political cartoons, this […] To view this article you must have an active subscription. Already a member? Sign in. Subscribe to weekly reports on Ecuador’s economics, politics, crime and more. Not sure you want to commit? Don’t worry, you can cancel anytime. For a limited time,subscribe now and get your first month for only $1. Regular subscriptions available at $4.99/month or $42/year. Subscribe now!

Leader of the Latin Kings gang gunned down in Quito

by | May 18, 2022 |

Update to: Bloody riot in Santo Domingo de los Tsáchilas prison leaves 44 dead Published: Volume 6, Issue 31 He was 46 years old and ran a gastronomic service business in Quito , together with “brothers” from the organization. Manuel Zúñiga or ‘King Majestic’ served as president and legal representative of the Latin Kings in Ecuador. Manuel Zúñiga or ‘King Majestic,’ his partner and his […] To view this article you must have an active subscription. Already a member? Sign in. Subscribe to weekly reports on Ecuador’s economics, politics, crime and more. Not sure you want to commit? Don’t worry, you can cancel anytime. For a limited time,subscribe now and get your first month for only $1. Regular subscriptions available at $4.99/month or $42/year. Subscribe now!

IMF to give Ecuador $1.7 billion dollars more by end of 2022

by | May 18, 2022 |

The first disbursement in June will be of $1 billion dollars. Ecuador will access a new disbursement of one billion dollars by the International Monetary Fund (IMF) that “the authorities would use for budget support.” The money will come after it is approved by the IMF’s executive board, according to a statement from the multilateral. By the end of the year, the […] To view this article you must have an active subscription. Already a member? Sign in. Subscribe to weekly reports on Ecuador’s economics, politics, crime and more. Not sure you want to commit? Don’t worry, you can cancel anytime. For a limited time,subscribe now and get your first month for only $1. Regular subscriptions available at $4.99/month or $42/year. Subscribe now!

Three arrested in murder investigation of pyramid scheme perpetrator ‘Don Naza’

by | May 18, 2022 |

Three people were arrested for the alleged murder of Miguel Ángel Nazareno, known as Don Naza, the founder of the illegal money pyramid scheme called Big Money. Nazareno was found dead in Amaguaña, a rural parish in Quito, in mid-April of this year. According to the Police, Nazareno died from a gunshot wound in his left thigh. Last Wednesday, the Ministry of the Interior announced that […] To view this article you must have an active subscription. Already a member? Sign in. Subscribe to weekly reports on Ecuador’s economics, politics, crime and more. Not sure you want to commit? Don’t worry, you can cancel anytime. For a limited time,subscribe now and get your first month for only $1. Regular subscriptions available at $4.99/month or $42/year. Subscribe now!

Ministry of Agriculture and BanEcuador propose debt refinancing for small banana growers

by | May 18, 2022 |

Update to: 2022 is shaping up to be a complex year for the banana sector Published: Volume 6, Issue 27 The Ministry of Agriculture and Livestock (MAG) and BanEcuador presented a proposal to ease the financial pressure faced by banana producers due to the war between Russia and Ukraine, which has affected fruit exports. The proposal outlines […] To view this article you must have an active subscription. Already a member? Sign in. Subscribe to weekly reports on Ecuador’s economics, politics, crime and more. Not sure you want to commit? Don’t worry, you can cancel anytime. For a limited time,subscribe now and get your first month for only $1. Regular subscriptions available at $4.99/month or $42/year. Subscribe now!
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