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The $0.15 reduction in fuel prices will cost the State $340 million per year

Published on July 04, 2022

Facebook Twitter Google+ LinkedIn The increase in oil prices has also raised the cost of the gasoline subsidy.  The reduction of 15 cents in fuel prices will cost Ecuador an additional $340 million each year. To end the national strike that began on June 13, 2022, the government agreed, among other things, to reduce the price of a […]

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As the strike dragged on, Manabí tune sector neared the verge of collapse

The tuna companies of Manabí had a supply reserve of 21 days. If the strike continued, the industry was going to lose $5 million a day. The tension increased as the days passed. The national strike was in its third week and the stock of inputs from the Manabí tuna sector was beginning to run […] 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 the national strike was settled after 18 days of disruption

The national strike—which lasted more than 18 days— ended with the signing of a “peace act” that sealed various agreements between the Confederation of Indigenous Nationalities of Ecuador (Conaie), the National Confederation of Peasant, Indigenous and Black Organizations ( Fenocin ), the Council of Evangelical Indigenous Peoples and Organizations of Ecuador ( Feine), and the government of President Guillermo Lasso.  After […] 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!

What was this really about?

All of this for $0.15? Really? Okay, so the “national strike” (I’m sorry, but I can’t call what happened a strike) was about more than the price of gas: a lot of other agreements that were reached during its settlement. But let’s be realistic, the government gave in on all of the demands of Conaie […] 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!

Yaku Pérez says Conaie is infiltrated by Correista vandals

The Confeniae rejected Pérez’s statements and said that his words “sullied the legitimate struggle of the people in the streets.” On the night of June 30th, hours after the national strike ended, Yaku Pérez, former presidential candidate for Pachakutik, the political wing of the indigenous movement, spoke about the Confederation of Indigenous Nationalities (Conaie). Pérez made public accusations […] 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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