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Verónica Abad’s Hearing Delayed Following Defense’s Request

Verónica Abad’s Hearing Delayed Following Defense’s Request

by | December 13, 2024 |

The protective action hearing for Vice President Verónica Abad, challenging her suspension, is delayed for evidence review. The protective action hearing requested by suspended Vice President Verónica Abad was reinstated on December 9, 2024, in the Courtroom of the Northern Judicial Complex in Quito. The hearing aimed to address Abad’s claim against her suspension, which […]
Assessing the Economic Achievements of Ecuador’s Noboa Administration

Assessing the Economic Achievements of Ecuador’s Noboa Administration

by | December 13, 2024 |

Ecuador’s economy shows signs of resilience under Noboa, but challenges like recession and insecurity hinder full recovery. The government of Ecuador, under President Daniel Noboa, has highlighted a series of positive economic indicators as signs of recovery. However, experts warn these advancements might not be enough to reverse the nation’s challenging economic situation. Positive Indicators: […]
Ecuador Passes IMF Technical Review, Secures $500 Million Loan

Ecuador Passes IMF Technical Review, Secures $500 Million Loan

by | December 13, 2024 |

 Ecuador clears IMF technical review, paving the way for $500 million amid reforms and ongoing economic challenges. On December 9, 2024, the Ecuadorian government under President Daniel Noboa successfully passed the first technical review of its economic goals as part of its agreement with the International Monetary Fund (IMF). While this marks a key milestone, […]
Ecuador Takes a Step Toward Debt Swap to Protect Amazon Hydrological Basins

Ecuador Takes a Step Toward Debt Swap to Protect Amazon Hydrological Basins

by | December 13, 2024 |

Ecuador issues $1 billion bond in a landmark debt-for-nature swap to protect Amazon hydrological basins and biodiversity. Ecuador is advancing its second debt-for-nature swap with the issuance of a $1 billion bond aimed at protecting hydrological basins in the Ecuadorian Amazon. This financial move, advised by Bank of America, brings the country closer to completing […]
Cuenca Judges Released 44 Prisoners Without Meeting Legal Requirements,

Cuenca Judges Released 44 Prisoners Without Meeting Legal Requirements,

by | December 13, 2024 |

Cuenca courts face public outrage over early releases of dangerous criminals, prompting investigations and demands for legal reforms. An ongoing investigation into judicial decisions in Cuenca has revealed that 44 prisoners, including individuals convicted of heinous crimes, were granted early release despite failing to meet the necessary legal requirements. The revelations stem from a high-profile […]
Digital Wallets Gain Ground: Benefits and Adoption Trends in Ecuador

Digital Wallets Gain Ground: Benefits and Adoption Trends in Ecuador

by | December 13, 2024 |

Ecuador’s digital wallets, led by Deuna, transform payments, steadily reducing cash reliance with secure, user-friendly technology. Digital wallets are revolutionizing how consumers make transactions, offering a modern alternative to cash. In Ecuador, as in many parts of the world, the adoption of this technology is steadily growing, supported by local and international platforms. A Global […]
How to Claim VAT Refunds if You’re 65 or Older

How to Claim VAT Refunds if You’re 65 or Older

by | December 13, 2024 |

Senior citizens can claim VAT refunds through in-person, online, or automatic methods, offering financial relief on essential purchases.  Individuals aged 65 and above are eligible to request refunds on the value-added tax (VAT) they pay for basic goods and services. This benefit is provided by the Internal Revenue Service (SRi) to support senior citizens, offering […]
Ecuadorian Migration in 2024: A Closer Look at New Trends

Ecuadorian Migration in 2024: A Closer Look at New Trends

by | December 13, 2024 |

Ecuadorians adapt migration strategies as Darién Gap crossings decline, with El Salvador emerging as a costly alternative route. In 2024, migration patterns among Ecuadorians have shifted significantly. The Ecuadorian Foreign Ministry reported a sharp decrease in the number of citizens crossing the dangerous Darién Gap—the jungle border between Colombia and Panama—to reach the United States. […]

Pitahaya, Blueberry, and Avocado: Ecuador’s Emerging Export Stars

Published on December 13, 2024

Facebook Twitter Google+ LinkedIn Ecuador’s non-traditional exports, including pitahaya, blueberries, and avocados, show promise despite challenges in global markets. Ecuador’s export market continues to evolve as non-traditional agricultural products like pitahaya, blueberries, and avocados gain traction internationally. Despite the challenges of entering competitive markets, these products are paving the way for diversification in Ecuador’s export […]

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