Facebook Twitter Google+ LinkedIn The price of crude oil continues to rise since the Russian invasion of Ukraine. It has reached values not seen for more than 10 years. The price of oil continues to rise due to the Russian invasion of Ukraine. On the night of March 6, 2022, the price of a barrel of West […]
Rapid rise in oil prices could add more than $2 billon to Ecuador’s budget
Published on March 08, 2022
More from this issue
In 2021, shark fin exports from Ecuador tripled compared to the average of the last eight years. Sharks have a bad reputation. The spectacle of these fish in film and television consists of showing a terrifying animal with sharp fangs that mutilates and devours bathers on the peaceful beaches of some fictional place. But that is a […]
Newly discovered Ecuadorian orchid already in danger of extinction
The orchid, discovered in Carchi, is a critically endangered species, as its populations are experiencing the effects of climate change. A new species of orchid, with striking yellow and intense red flowers, was discovered in Carchi. It was called Maxillaria anacatalina-portillae as described by Polish scientists in collaboration with Ecuadorian company Ecuagenera. But according to […] 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!
Cuenca father seen in video attacking his daughter could face up to three years in prison
The Cuencanan father who brutally attacked his teenage daughter could face trial for physical and psychological violence and receive a prison sentence of up to three years. The Azuay Prosecutor’s Office is investigating this case that was recorded last week in the Azuay capital, and that became known because a video of the physical assault on the teenager was broadcast through social networks, shocking viewers […] 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!
Defense Minister says Armed Forces must modernize if Ecuador expects to defeat organized crime
In a recent interview, the Minister of Defense, Luis Hernández, acknowledged failures in the exchange of intelligence between the Armed Forces and the Police. General Luis Hernández, Minister of Defense, experienced soldier, and hero of the Cenepa War, says that the Armed Forces need a new doctrine to deal with the new dilemmas of internal […] 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!
Have some guts
It’s hard to believe how much the world has changed in the last two weeks. Russia’s invasion of Ukraine (or as Putin puts it, a “special operation”) is turning an already crazy world, crazier. Now we are seeing the humanitarian impact of the war, with over 2 million people fleeing Ukraine, and thousands of civilians […] 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!
How Ecuador’s largest city endured one of the world’s most lethal outbreaks of COVID-19
“One day, there were no patients,” Dr. Esteban Ortiz said of the covid outbreak in Guayaquil. “The next, there were five thousand looking for beds in intensive-care units.” By Daniel Alarcón The problem with any story, big or small, is that you’re always starting in the middle. All beginnings are constructions we use to make sense of what […] 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!
Azuay exceeds tax collection goal
Update to: Municipality collects 14% of 2020 taxes in the first week Published: Volume 4, Issue 24 The zonal directorate 6 of the Internal Revenue Service (SRI), announced that in January 2022 it reached a tax collection of $46.5 million in Azuay. This figure represented a 120% fulfillment of the goal and an increase of 29%, […] 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!
Inflation, driven by transportation, reaches 2.71% in February,
According to the INEC, the Consumer Price Index (CPI) for February rose the most in Cuenca, Santo Domingo and Guayaquil. The Consumer Price Index (CPI) rose and stood at 2.71% in February 2022 compared to the same month in 2021, according to the National Institute of Statistics and Censuses (INEC). In monthly terms, the CPI […]
The fourth review of the IMF began, aimed at approving a disbursement of $700 million
Update to: IMF assesses impact of the most recent political decisions in Ecuador Published: Volume 6, Issue 6 The IMF mission, chaired by Ceyda Oner, will be hybrid meeting: virtual and face-to-face. It will last until March 18 next. The Minister of Economy and Finance, Simón Cueva, together with other authorities of the Ecuadorian State, held a […] 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!
War in Ukraine may interfere with fertilizer shipments to Ecuador
A gray cloud threatens to bring problems to farmers: the possibility that the war in Ukraine will affect the supply of fertilizers. Russia is the main supplier of this product and now there are logistical problems for that country to export it. At the beginning of the war, shipping companies suspended routes and some ports closed for security reasons, or due to occupation […]
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