To gain access to all weekly reports on Ecuador’s economics, politics, crime and more, consider becoming a member. Click here for more information.
This past Sunday afternoon, January 16, 2022, the National COE announced that the country is facing a worsening health situation due to a surge in Covid-19 infections. The Vice Minister of Public Health, José Ruales, reported that the second week of January registered...
Update to: Tame airlines will soon be no more than a memory in Ecuador Published: Volume 4, Issue 52 Liquidation of Tame: a nightmare for the Ministry of Transport Six months after the expiration of the term for the liquidation of the state airline Tame, there are...
The 14 wind turbines of the Minas de Huascachaca wind farm, the largest in Ecuador, are on their way to Puerto Bolívar (El Oro) from China. Their arrival is scheduled for this Wednesday, January 19, 2022. From Puerto Bolívar (El Oro), the machines will be transferred...
The cities in which the Consumer Price Index (CPI) rose the most are Santo Domingo, Cuenca and Manta, according to the INEC. The Consumer Price Index (CPI) rose and stood at 1.94% in December 2021, compared to the same month in 2020, according to the National...
On Monday, January 10, 2022, the Justice Commission of the National Assembly restarted deliberations on a draft of the Organic Law project to guarantee the right to voluntary interruption of pregnancy in the event of rape. A source from the Commission says that a...
The census has been postponed for two years due to the pandemic. New questions on recycling, pets, and generic sex identification could be included in the questionnaire. The national census is planned for the last quarter of 2022. It will take place after two years of...
A year of investment and employment boost to accelerate an economic recovery that is still slow. This is how 2022 is projected. The Central Bank calculates a growth of 2.5% in 2022, even lower than expected for 2021, which is 3.5%. To accelerate the economic...
This is the second unconstitutionality action presented to the Constitutional Court by indigenous organizations against decrees of President Guillermo Lasso. On Wednesday, December 22, 2022, several indigenous and civil society organizations presented before the...
The assets of their partners and minor children will also be examined. The General Comptroller of the State will carry out special examinations of the patrimonial declarations of 25 generals of the National Police. In a statement issued on Monday, December 27, 2021,...
This is a brief account of the most relevant political events in this year.
Since its creation as a republic, the country has had 20 constitutions. This is a brief summary of all of them.
The current interest rate on unsecured loans with terms longer than 13 months varies from 11.97% to 14%. Starting in January 2022, it will drop to 11%. To offset the cost, the IESS explained that it will apply measures such as reducing the delinquency rate.
In Ecuador, possible links of Police generals with drug trafficking networks are being investigated When drug trafficking permeates the streets and prisons, through experiences such as Mexico or Colombia, it is known that there is a common factor: the complicity of...
On the corner of a block in Sauces 4, a neighborhood in the north of Guayaquil, there is a sign with the legend "TRAMITES LICENCIAS," offering which the issuance of driving. Other copies of the sheet with black letters have also been taped or glued to the walls of...
A cold spring in Panama shouldn’t show strong signs of deep volcanic sources. But after researchers found one anomaly, they discovered several other sites with similarly unique signatures, stretching through the western half of the country and up into Costa Rica. The...
It is now official; the 2022 unified base salary (SBU) will be $425. Tonight, December 13, 2021, President Guillermo Lasso announced that there would be an increase of $25 over last year. It is the largest salary increase since 2013, when the salary increased by...
Three weeks ago, the First Judicial District Attorney’s Office of Colorado confirmed sexual assault suspect Peter Robert Dettmer, 69, was successfully extradited from Ecuador. Dettmer is in custody at Jefferson County Jail on a $1 million cash bond. According to the...
Fundamedios and the Fundación Periodistas Sin Cadenas reported the attacks against the press, which reached their highest peak in November 2021. There were more attacks on Ecuadorian journalists in November 2021, than in any time since Guillermo Lasso became President...
The artistic presentations returned to Cuenca after almost two years of restrictions that put the economy of the cultural sector in check. During the pandemic, a group of managers created the Festival Network, which brings together 10 initiatives, in order to turn the...
During the pandemic, many people turned to the outskirts of the city, to rural areas, to get away from the crowds and from a virus that today is putting it back in trouble due to its variants. In Cuenca there were no exceptions: many places that were visited mainly by...
Last week, the National Assembly began processing the report regarding the investigation of the Pandora Papers, in which the President of the Republic, Guillermo Lasso, is named. On Thursday, the 291-page document was read but the debate and voting were postponed to...
Faced with the advance of the Omicron variant of the coronavirus in the world, on Monday night President Guillermo Lasso announced the measures that the Ecuadorian government will implement to prevent the spread of the virus. He said that the situation is being...
The new economic law will raise $ 1.9 billion in the first 2 years of validity and is very similar to the project of the Creating Opportunities Law that was presented by President Lasso in September of this year but was not qualified by the Council of the Legislative...
Of every $100 spent, $25 is lost to fraudulent processes, per year. Public entities plan their hiring poorly and cumbersome processes facilitate irregularities. In the last five years, an average of $6 billion has been spent on public purchases. However, around $1.5...
President Guillermo Lasso and his Colombian counterpart, Iván Duque, announced that they will reopen the common border on December 1, 2021. This decision was made after a meeting of the leaders in the Carondelet Palace on Sunday, November 21, 2021. The meeting was...
The Ecuadorian government has created an online process to register the foreign Covid-19 vaccination you received in another country. There has been ongoing confusion as to whether people who received their vaccination abroad will be allowed to register with the...
Update to: Guillermo Lasso’s first 100 days: a highlight on business initiatives and economics Published: Volume 5, Issue 48 The President Guillermo Lasso said this Thursday that the country is close to closing a free trade agreement with Mexico, which will allow the...
On Saturday several people were nearly killed on a section of the road. The Cuenca - Molleturo - El Empalme road was closed for an indefinite period by a resolution of the Ministry of Transport and Public Works. The last incident on this route occurred on Saturday...
Update to: The latest IMF report on Ecuador is optimistic Published: Volume 6, Issue 1 A technical team from the agency was sent to Ecuador to verify the fiscal impact of the decision to abandon the price band for diesel and gasoline. A team from the International...
"Urgent" maintenance, as well as the need for specialized studies of each of the critical points, with the possibility of implementing variants: these are some observations of the mayors, professionals and former officials of the Ministry of Transport and Public Works...