Ecuador’s Country Risk Drops to 1,278 Points but Remains High Due to Persistent Uncertainties
The ITT issue, the upcoming elections, and normal market movements keep the indicator fluctuating.
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Vice President Verónica Abad Faces Legal and Personal Turmoil Amid Early Campaign Allegations
Abad faces legal charges for alleged early campaigning, with a crucial hearing scheduled for August 15th. Amid political tension and personal claims of endangerment, Abad stands firm against mounting pressures from President Noboa's administration.
A Shot Heard Round the World
I had planned to reprint one of my old columns this week since I’m on vacation. But the major event of the week cannot be ignored, so here I go. I’m talking, of course, about the assassination attempt on Presidential candidate Donald Trump. Thankfully, Trump sustained only minor injuries and will be able to continue […]
Corruption in Ecuadorian Ports Worries UN Anti-Drug Office
The UN Office on Drugs proposes greater control of corruption in Ecuador's ports, which are key to drug trafficking. The plan includes mechanisms to combat money laundering.
New Law Enforces Stricter Penalties Following Popular Consultation and Referendum
The new law, effective as of July 12, 2024, implements changes mandated by the popular consultation and referendum held on April 21, 2024. It introduces tougher penalties for various crimes and streamlines asset forfeiture procedures.
Replacing Combustion Vehicles with Clean Energy Vehicles: Migration in Ecuador Already in the Plans of Automotive Brands
Hybrid and electric vehicle sales grew by 768% and 4,000% from 2019 to this year. Ford, for example, estimates that by 2032 its entire portfolio will be electric.
Construye’s Bench to Vote Against Dismissal of Chancellor Gabriela Sommerfeld
The trial is in the preliminary phase, with the deadline for presenting evidence both for and against the case set for Friday.
Nearly Two Million Venezuelans Entered Ecuador in Six Years; Around 500,000 Remain Despite Declining Numbers
Published on July 16, 2024
In the first quarter of 2024, the number of Venezuelans leaving Ecuador increased by 33% compared to last year.
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