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Volume 8, Issue 29
From the week of April 21, 2024
With the “Yes” vote on 9 of 11 questions, constitutional and legal reforms in the popular consultation head to the Assembly
The Assembly must approve reforms to the Comprehensive Organic Criminal Code, to the Asset Forfeiture Law, and another to regulate the cooperation of the Armed Forces. With a resounding "Yes" vote...
Assault on Passengers on Guayaquil to Cuenca Bus Route
There have been 6 assaults on passenger vans in the last month. In a recent incident, 23 passengers traveling from Guayaquil to Cuenca fell victim to a robbery. The perpetrators, armed and using a truck, intercepted two buses en route to Cuenca. The assault occurred at approximately 05:40 on April 18, 2024, at kilometer 26 […]
Correístas’ Plan: Impeaching Salazar Amidst Trial for Metastasis Case
Attorney General Diana Salazar might find herself battling on two fronts simultaneously if the dates of the Metastasis hearings coincide with the impeachment trial proposed by Correismo in the...
Country risk falls more than 900 points so far in 2024
Ecuador’s country risk is approaching the level before the 2023 sectional and political crisis. The IMF confirmed progress towards an agreement, and there is a better price for crude oil. Ecuador’s country risk has been declining. It is at 1,141 points as of April 18th, having dropped more than 900 points so far in 2024 […]
Ecuador’s prison system finds itself at a critical juncture, marked by a significant overcrowding issue of 16.32%
In an effort to mitigate this pressing concern, the National Service for Persons Deprived of Liberty and Adolescent Offenders (SNAI,) has outlined comprehensive plans aimed at addressing the root causes of overcrowding and enhancing the overall efficacy of the prison system. At the forefront of these initiatives is the proposal to construct two maximum security […]
Ecuadorian Government Targets Mexican Drug Trafficker and Colombian Guerrilla Leader in Crime Crackdown
Ismael Zambada, known as ‘El Mayo,’ and Giovanny Rojas, alias ‘Araña,’ have emerged as the prime focus of Ecuador’s anti-crime efforts, according to government sources. Since the eruption of a security crisis in early 2021, both domestic and international experts have consistently pointed to the pervasive influence of international drug syndicates as the chief instigators […]
Well done Ecuador
Congratulations to the Ecuadorian people for taking democracy into their hands and voting YES on 9 of the 11 questions on Sunday’s Popular Consultation. And congratulations to President Noboa for bringing forth to the people, exactly what the needed and wanted. For those of you who haven’t been paying attention to the voting, I’ll share […]
Everything you need to know about the regulations to apply euthanasia in Ecuador
According to the regulations, euthanasia in Ecuador can be performed in hospitals of the National Health System or the patient's home. These are the requirements. On Friday, April 12, 2024, the...
IMF poised to provide a $3 Billion Loan to Ecuador, Investors Take Notice
Negotiations between Ecuador and the IMF are nearly finished, and all signs point to a $3 billion lifeline for the country. Ecuador found itself at a pivotal juncture, poised on the cusp of a significant agreement with the International Monetary Fund (IMF), a pact that could potentially reshape its economic landscape. Amidst the backdrop of […]
Jaguar Case: Narco-criminal organization lured police officers into aiding their evasion tactics
Ten police officers arrested as part of syndicate of organized crime. The involvement of police officers in aiding a narco-criminal organization to dodge law enforcement authorities was unearthed in a significant operation dubbed “Jaguar,” which unfolded on Thursday, April 18th. This operation, spearheaded by the Prosecutor’s Office, culminated in the apprehension of 14 individuals, with […]
Update: Vice President’s Son Posts $20,000 Bond to Secure Release from La Roca
Update to: Vice President Verónica Abad’s son to face trial in ‘Nene’ case Published: Volume 8, Issue 25 Judge María Fernanda Castro approved Barreiro’s request, suspending his preventive detention during a hearing held on April 11, 2024. Sebastián Barreiro, the son of Vice President Verónica Abad, faces charges of allegedly offering to traffic influence in […]
Volume 8, Issue 28
From the week of April 14, 2024
Trial of Carlos Pólit: First Week of Revelations Sheds Light on Corruption in Correista Regime
Testimonies reveled Odebrecht paid bribes to Pólit, Glas and Correa advisor. The trial against Carlos Pólit Faggioni, the former Comptroller General of Ecuador, unfolding in Miami, has cast a...
Insecurity affects tourism in Manabí as nine cruise ships canceled their arrival in Manta
Some of these suspensions have coincided with acts of violence such as the murder of the mayor of San Vicente, Brigitte García. The tourism sector in Manabí has been severely impacted by rising...
“We come to the call because we want to serve the country:” Massive turnout for military retraining
Long lines formed outside Huancavilca Military Fort starting at 07:00 this Saturday. Deivis Campaña traveled from Valencia on Friday night to reach Huancavilca Military Fort on the road to Daule, aiming to secure a spot in the Fortaleza 2024 military retraining program. Like him, hundreds of reservists, who completed their training between 1984 and 2003, […]
Ecuador Gains Ground with Palm Heart, Secures 75% of the Global Market
Pronaca's Inaexpo commands a 43% market share. While Costa Rica initiated palm heart production, Ecuador has overtaken it over the years. Long palmetto stems are transported by truck from the...
Recent Developments in the National Assembly of Ecuador
The National Assembly of Ecuador has seen significant shifts in its composition and the political landscape following 150 days of the current legislative session. These changes are marked by high-profile incidents, including legislative decisions favoring the executive branch and a contentious raid on the Mexican Embassy in Quito, which concluded with the detention of former […]
Could we be so lucky?
I’m knocked down and drug out this week. I’ve got the flu. Believe it or not it is the first time in my 10 years of living here that I have gotten sick with anything; a cold, the flu, food poisoning, I mean anything. So, I really don’t have the energy to say much, except […]
Surge in Remittances from Ecuador to Mexico Amidst Socioeconomic Challenges and Diplomatic Tensions
Mexico is the second-most popular destination for remittances sent from Ecuador, serving as a crucial financial lifeline for migrants aiming to reach the United States. Before the year 2018, the annual remittances sent to Mexico rarely exceeded $10 million. This figure saw a significant increase, thereafter, doubling in size and then experiencing a remarkable growth […]
Update: Chilean Airline Sky Cleared for Takeoff in Ecuador with New Domestic and International Routes
Update to: 2024 Aeronautical Optimism Surges with Low-Cost Airline, Expanded Routes to Panama and Madrid Published: Volume 8, Issue 14 Chilean carrier Sky Airline has been granted authorization to commence operations in Ecuador, with plans to begin by the end of 2024, as announced by Roberto Luque, the Ecuadorian Minister of Public Works and Transportation. […]
The 10 Most Scandalous Revelations of the Metastasis Case at the Close of the Investigation
After 120 days, the investigation by the Prosecutor’s Office in the Metastasis case has concluded. During this period, several revelations have shaken the country. On December 14, 2023, the political and judicial landscape in Ecuador changed. The uncovering of the Metastasis case impacted all spheres of the country, bringing to light the corrupt management of […]
Update: Ecuador’s Country Risk Sees Minor Increase Following Diplomatic Issue with Mexico
Update to: The country risk has declined to 1,180 points, attributed to the visit of an IMF mission to Ecuador and the surge in crude oil prices Published: Volume 8, Issue 27 Ecuador’s country risk indicator, which assesses the probability of the nation defaulting on its external debt, recorded a slight increase amid a recent […]
Volume 8, Issue 27
From the week of April 07, 2024
Police raid Mexican embassy in Quito to apprehend Jorge Glas
The events that unfolded on the night of Friday, April 5th, resulted in a breakdown in relations between both countries. The raid by Ecuadorian police officers on the Mexican Embassy in Quito has brought the country into the international spotlight. On Friday, April 5th, uniformed officers entered the diplomatic headquarters to arrest the former vice […]
Ecuadorian coffee production is in decline and now supplies only 50% of national consumption
Coffee production has declined to the point where Ecuador is now importing coffee from Brazil, Vietnam, Colombia, Central America, the United States, and other markets. Coffee production in Ecuador...
Broken Glas
I’m going to say it right now so there is no confusion on where I stand: I am behind Noboa and his decision to raid the Mexican embassy to arrest Jorge David Glas Espinel, the corrupt former Vice President of Ecuador. Now, would I have done it, or would I have recommended he do it […]
Ecuadorian migrants sent over $5.4 billion back to the country in 2023
This record number reflects the new wave of migration that has surged following the COVID-19 pandemic. Between 2021 and 2023, a total of 351,966 Ecuadorians are registered as having left the national borders and not returned. This number surpasses the 183,307 individuals who left and did not return during the period of 2014-2019, prior to […]
Evaluating the Impact of Ecuador-Mexico Diplomatic Strain on Trade Relations
Analysts cautiously suggest that the diplomatic collapse between Ecuador and Mexico will have a minor impact on trade. Diplomatic tensions between Ecuador and Mexico escalated following the arrest...
Search for missing climbers on Cayambe halted due to weather conditions
The three climbers were seen falling into a crevasse on Friday morning. Firefighters have temporarily halted their search efforts for the missing climbers who found themselves trapped by a landslide just meters away from the summit of the Cayambe volcano. The incident, which occurred amidst the rugged terrain of the Santa Bárbara crevasse at approximately […]
The contribution of hydroelectric plants is declining, and Colombia is reducing electricity sales to Ecuador
The contracting of new electricity generation is still pending. According to Cenace, the country needs to incorporate 475 megawatts in 2024. The contribution of hydroelectric plants in Ecuador has...
Update: Eleven Ecuadorian migrants were traveling in a vehicle that crashed on the Chihuahua-Ciudad Juárez highway in Mexico
Update to: Tragic Bus Accident in Mexico Leaves Two Dead and 19 Injured, Including Ecuadorian migrants Published: Volume 7, Issue 52 The incident, which occurred at noon on Thursday, April 4th, at kilometer 110, resulted in one Ecuadorian individual being transported by helicopter to the Salvador Zubirán General Hospital to receive medical care. The 41-year-old […]
Update: The country risk has declined to 1,180 points, attributed to the visit of an IMF mission to Ecuador and the surge in crude oil prices
Update to: Ecuador’s country risk drops 130 points in one week Published: Volume 8, Issue 23 As of April 4, 2024, Ecuador’s country risk stands at 1,180 points, marking a decrease of 53 points since March 31. This reduction is observed amidst negotiations for a new agreement with the IMF. This figure represents the lowest […]
Volume 8, Issue 26
From the week of March 31, 2024
Ecuadorians aspiring to migrate have their sights set on the United States
On a national scale, the survey reveals that 42% of respondents are seriously considering leaving the country.
Where are you all?
I’m taking a break from my column this week, but I wanted to leave you with a column I wrote back in August of 2017 (Volume 2, Issue 17). Why this? And why now? Well, because the results of the recent census say that Cuenca has 5,000 expats. So….. It seems like every day Codie […]
“It looked like scabies, and it hurt as if my stomach had been hit,” says a woman who contracted dengue
There are 13,075 cases of dengue reported in Ecuador in 2024. Deaths reached fifteen as of March 16, almost half of the 33 deaths in all of 2023.
Three corruption cases and 76 defendants (list included) tarnish the State and political parties
The exposure of the Encuentro, Metastasis, and Purge cases has placed numerous public officials in precarious positions and raised suspicions regarding various political figures.
How Madrid became the “Miami of Europe”
Miami was long the benchmark for Latin Americans seeking a better life, especially those with more economic resources and a taste for luxury.
Turquoise-necked hummingbird could become Ecuador’s first extinct endemic species
The initial spotting of the bird dates back to the 19th century, in Pichincha.
Growing Indigenous Resistance Against Mining Projects in Ecuador
Governments are actively promoting foreign investment in mining, resulting in substantial exports totaling $3.324 billion between January and December 2023.
Prosecutor Salazar Confronts New Attack from Ronny Aleaga: “They Will Not Distract Us”
Ronny Aleaga’s recent video announcement, pledging to expose chats with prosecutor Diana Salazar, has drawn swift response from the Prosecutor’s Office, labeling it a “new smear campaign.”
Update: The Central Bank forecasts a 1% growth for the Ecuadorian economy in 2024, reflecting decreased consumption among Ecuadorian families and a reduction in government spending
Update to: Growth of Ecuadorian economy expected to be minimal in 2023 Published: Volume 7, Issue 14 According to the Central Bank’s latest projection dated March 28, 2024, Ecuador’s economy is expected to grow by 1% this year, attributed to decreased household and government expenditures. This growth is a decline compared to the 2.4% positive […]
Update: Nene Case: Hearing Scheduled for Francisco Sebastián BA’s Preventive Detention Appeal on April 3
Update to: Vice President Verónica Abad’s son to face trial in ‘Nene’ case Published: Volume 8, Issue 25 Francisco Sebastián BA, the son of Vice President Verónica Abad, is currently held in La Roca prison in Guayaquil, considered a maximum-security facility. The First Court of the Specialized Criminal Chamber for the Judgment of Crimes related […]
Volume 8, Issue 25
From the week of March 24, 2024
“They are pressuring me to resign so they can remove me from office,” denounced Verónica Abad, Vice President of the Republic.
The Vice President held Daniel Noboa responsible for her life and that of her son, who was prosecuted and imprisoned in La Roca. "Why do you hate me, President?" "They are pressuring me to resign...
A Galapagos forest is in danger of extinction from invasive plant species
The results of a recent study underscore the vital role of controlling invasive plants in preserving this unique forest ecosystem. A recent study conducted by scientists from the Charles Darwin Foundation (CDF), in collaboration with the Galapagos National Park Directorate (GNPD), has raised alarm about the escalating threat posed by invasive plant species to the […]
Conaie warns of possible indigenous uprising against mining
The indigenous movement will carry out a solidarity strike in Cotopaxi on Wednesday and demand that the Assembly investigate the family of President Daniel Noboa. Conaie has declared itself in permanent assemblies to remain vigilant regarding the potential for an indigenous uprising against mining. The indigenous movement is set to conduct a solidarity strike in […]
Ecuador Navigates Economic Challenges with IMF Agreement Looming
Ecuador's country risk rises due to Fed policy and bond sales, prompting IMF agreement pursuit. Ecuador finds itself at a critical juncture in its economic trajectory as the country risk, a measure...
Justice is starting to go blind
Okay, if you haven’t done it yet, read these two stories in today’s Dispatch before you read this column: “ Vice President Verónica Abad’s son to face trial in ‘Nene’ case “They are pressuring me to resign so they can remove me from office,” denounced Verónica Abad, Vice President of the Republic. Okay, now, one […]
In Tungurahua and Cotopaxi, 17,000 farmers teeter on the brink of bankruptcy
A landslide, caused by severe drought, demolished the water collection system in the Latacunga-Salcedo-Ambato irrigation canal, which provides water to farmers in three cantons in the central region of the country. In the northern area of Ambato (Tungurahua), as well as in Salcedo and Latacunga (Cotopaxi), over 17,000 vegetable producers are in despair due to […]
“Since when does thinking differently mean being a traitor?” Pierina Correa questions in reference to the Tourism Law.
Legislator Pierina Correa defends herself, affirming that some of the criticisms from the Correísmo regarding the Tourism Law were acknowledged. She rejects the label of "traitor" within her own...
President Noboa Signs Declarations Upholding Press Freedom in Ecuador
Delegation of the Inter-American Press Association suggested to the president to strengthen the protection mechanism for journalists in Ecuador. During a significant meeting with representatives of the Inter-American Press Association (IAPA), President Daniel Noboa of Ecuador demonstrated his commitment to press freedom by signing the Chapultepec and Salta declarations. This event, which unfolded on March […]
Mining Chamber says, “The country cannot be subject to the opinion of a political actor, like Iza”
María Eulalia Silva, President of the Chamber of Mining, rebuffed Leonidas Iza’s calls for protests against mining and elucidated the ongoing environmental consultation process for the La Plata mining project in Cotopaxi. Amid resistance from anti-mining factions, the Ministry of the Environment initiated the informational phase of the environmental consultation for the La Plata mining […]
Update: El Niño is weakening in Ecuador, though rainfall and extreme heat persist.
Update to: El Niño Weakens, Making Way for La Niña: Ecuador Prepares for Weather Fluctuations Published: Volume 8, Issue 24 According to forecasts from the Erfen Committee, rains and extreme temperatures will persist in Ecuador until March 31, 2024. On Thursday, March 21, 2024, the National Committee monitoring the El Niño phenomenon released a new […]
Vice President Verónica Abad’s son to face trial in ‘Nene’ case
The Prosecutor’s Office is pursuing Francisco Barreiro, the son of Vice President Verónica Abad, on charges of alleged influence peddling. On Friday, March 22, 2024, Judge María Fernanda Castro ordered Francisco Sebastián Barreiro, the son of Vice President Verónica Abad, to be held in preventive detention amid investigations into the Nene case. Barreiro, detained in […]
Volume 8, Issue 24
From the week of March 17, 2024
Banks and Cooperatives will pay almost $200 million in taxes to fund the internal armed conflict
Under the Law aimed at addressing the armed conflict, banks and cooperatives are required to remit taxes ranging from 5% to 25% in May 2024, contingent upon their respective profit margins. Banks...
Illegal mining advances uncontrolled in the Ecuadorian Amazon and threatens protected areas and indigenous communities
by David Tarazona on March 15, 2024 Mining – both illegal and legal – went from deforesting 185 hectares in the Punino River, Napo, in 2022 to 784 in 2023, according to the most recent report from...
“It is a country of opportunities, without crime,” says an Ecuadorian migrant in New York.
An old New York airfield located “in the middle of nowhere” is the camp that houses dozens of Ecuadorian migrants seeking asylum. Gusts of polar wind sweep across the runways of an old, disused New York airfield. It is the “middle of nowhere” that houses some 1,800 migrants, including Ecuadorians, who have become a symbol […]
Causes for hope
Before I compose this column each week, I take a sneak peek at the upcoming articles set for publication. It’s my routine to fashion my column around a central theme, drawing inspiration from one of the standout stories. Usually, it’s a smooth process, as one story often shines brighter than the rest. But this week, […]
El Niño Weakens, Making Way for La Niña: Ecuador Prepares for Weather Fluctuations
April may bring an end to El Nino conditions and an influx of La Nina conditions by mid-year. The El Niño phenomenon, which has dominated weather patterns in recent months, is now in decline, according to Frigate Captain Luis Morales, General Coordinator of Oceanographic Affairs of the Oceanographic and Antarctic Institute of the Ecuadorian Navy […]
Foreign Minister Sommerfeld refutes the notion of ‘bukelization’ in Ecuador’s fight against organized crime
Ecuadorian foreign minister Gabriela Sommerfeld reiterated the government's success in reducing the homicide rate by 60% under Daniel Noboa's administration, following the imposition of a state of...
Metastasis case investigation is completed, preparatory hearing being scheduled
The Metastasis case has completed its investigation phase, highlighting a complex web of legal entanglements involving 52 individuals. April 13th marked the culmination of 120 days since the inception of the investigation phase. At this juncture, the Attorney General, Diana Salazar, is tasked with petitioning the National Court of Justice for the scheduling of the […]
Iza says Conaie will push for ‘NO’ vote for popular consultation, accuses Noboa of trying to break up indigenous movement
Conaie, the Confederation of Indigenous Nationalities of Ecuador, has taken a firm stance against the upcoming referendum and popular consultation initiated by President Daniel Noboa’s government, slated for April 21st. The expanded council of Conaie, comprising representatives from fifteen indigenous nationalities, articulated their reasons for advocating a ‘No’ vote on all eleven questions posed in […]
Volume 8, Issue 23
From the week of March 10, 2024
Prosecutor Diana Salazar Continues to Stir Both Criticism and Applause
As Correísmo section of the Assembly threatens impeachment, Salazar continues to bring corruption charges against politicians and members of the judiciary. Prosecutor Diana Salazar stands as a...
Ecuador faces multiple challenges in securing a new IMF loan
Returning to the IMF on such short notice poses challenges, yet the swift reforms implemented by the Noboa administration will likely garner favorable attention from the UN's financial agency. The...
Update: Tragedy Strikes: Three Ecuadorian Migrants Murdered in Chiapas, Mexico
Update to: Ecuadorian Child Fatally Wounded in Sonora, Mexico Migrant Assault Published: Volume 8, Issue 20 According to a report from the organization 1-800 Migrante released last Friday, each of the victims were from Guayaquil. This tragic event marks another grim chapter in the plight of Ecuadorian migrants in Mexico, with three compatriots falling victim […]
Government Vows to Maintain Military Presence in Prisons Amid Ongoing Purge
In a resolute stance on prison security, Vice Minister of Government emphasized the enduring presence of the military in Ecuador’s penitentiary centers. Speaking in a recent interview, Vice Minister of Government Esteban Torres assured the public that the government would not withdraw military support from prisons, underscoring the ongoing commitment to what he termed as […]
If only…
So, in this issue, we’ve got a rundown on the ongoing corruption prosecutions in Ecuador, namely the Metastasis and Purge cases. And I, for one, am downright ecstatic about it! At long last, we’ve got two branches of government—Justice and Executive—that are dead set on rooting out corruption wherever it rears its ugly head. Admittedly, […]
Update: Ecuador’s country risk drops 130 points in one week
Update to: Country risk below 1,500 points Published: Volume 8, Issue 21 Ecuador’s country risk dropped by 130 points in just one week, closing at 1,290 on March 6, 2024. This significant decrease from the previous mark of 1,420 on February 29th reflects market optimism sparked by Ecuador’s efforts to secure a credit agreement with […]
“Let’s not get confused, we attack criminal economies, not politicians.”
Noboa reaffirms his backing of Salazar as she unveils the creation of a novel Property Investigation Unit aimed at confiscating assets belonging to convicted criminals. At the conclusion of the...
Navigating the Dynamic Terrain of Ecuador’s Low-Cost Aviation Market
The aviation landscape in Ecuador’s ‘low-cost’ market showcases a dynamic of arrivals and departures, reflecting a sector that is yet to fully consolidate. Mariscal Sucre International Airport in Quito recently welcomed JetSmart on March 6th, 2024. However, this arrival coincides with the impending departure of another ‘low-cost’ carrier, Wingo, in April. JetSmart, a Chilean airline […]
Update: Security Measures Yield Significant Decrease in Violent Deaths, State of Emergency Continues
Update to: Sharp Decline in Violent Deaths Marks Ecuador’s Struggle Against Internal Armed Conflict Published: Volume 8, Issue 18 During the state of emergency in Ecuador, there has been a significant reduction in violent deaths, with more than a 45% decrease. The national government has extended this regime for another 30 days. As of March […]
President of Guayas Court Resigns Amid Corruption Allegations as Purge Investigation Triggers Judicial Crisis
The recent arrests of seven Guayas judges on charges of organized crime have plunged the court into a state of chaos, compounded by González’s resignation. In a seismic upheaval within the judicial echelons of Guayas, Hugo González, who had recently ascended to the presidency of the Court of Justice, tendered his irrevocable resignation on the […]
Volume 8, Issue 22
From the week of March 02, 2024
Noboa’s Political Triumphs in the First 100 Days of Governance
In the annals of Ecuadorian history, the first 100 days of President Daniel Noboa’s administration will be remembered as a period of political dynamism and strategic decision-making.
Ecuador’s Oil Sector Faces Challenges Amid Controversy and Decline
Amid a controversy over alleged data manipulation, oil production declines. The sector’s future remains uncertain.
Hi, call me Polly
Recently, I took a moment to revisit some of my earlier columns, the oldest coming from seven years ago. And one word struck me: Pollyanna! Back then, even though I’d already spent two years here by that point, I was positively enamored with Ecuador. I focused solely on the positives, conveniently overlooking the negatives. And […]
IESS Proposes Contribution Increase Amidst Concerns Over Soaring Expenses from Ecuador’s Aging Population
Eduardo Peña, President of the IESS Board of Directors, suggests a gradual increase in the contribution rate from 20.6% to 30%.
Prosecutor Diana Salazar Warns of State Infiltration by Organized Crime
Salazar refuses to back down in pursuing prosecutions even in the face of constant death threats.
Daniel Noboa Achieves Historic High in Presidential Approval for Ecuador
In addition to Noboa’s impressive 81% approval rating, over 60% of Ecuadorian citizens believe that the Popular Consultation will effectively address issues of insecurity and organized crime.
Judicial Controversy Surrounds Noboa’s Declaration of Armed Internal Conflict
Amidst a tumultuous debate, the Constitutional Court of Ecuador found itself grappling with the thorny issue of justifying the classification of an “internal armed conflict” as declared by President Daniel Noboa.
Ecuador’s Fuel Market Shifts with VAT Hike and Subsidy Reform Effects
The upcoming VAT increase is expected to have minimal impact on drivers. However, proposed changes to fuel subsidies may raise concerns among the majority of Ecuadorians.
Minister of Telecommunications Sets Sights on 5G for Ecuador
Minister of Telecommunications César Martín has set forth an ambitious vision for Ecuador’s telecommunications landscape, suggesting that the country could see the advent of 5G technology as early as 2025.
Volume 8, Issue 21
From the week of February 25, 2024
Cuenca Finally Gets to Experience Van Gogh Like Never Before
Having traversed the globe for more than ten years, “Van Gogh Alive” finally makes its highly anticipated debut in Cuenca. This momentous occasion follows its Ecuadorian premiere in Quito, back in January 2022.
New Air Routes on the Horizon for Ecuador Amidst Regulatory Updates
Ecuador’s aviation sector is poised for expansion in 2024 with the introduction of new local air routes, accompanied by regulatory updates aimed at enhancing user protection and industry competitiveness. As the Ministry of Tourism gears up for these developments, stakeholders anticipate significant growth and improved services for travelers.
Ecuador lost just over a million hectares of forest formations in 38 years
by Antonio José Paz Cardona on February 23, 2024 In the Ecuadorian Amazon, the accelerated growth of mining is worrying. In 2022 the activity reached 8,896 hectares. Between 2021 and 2022 alone,...
Government Braces for Oil Production Plunge with ITT Closure and Investment Stagnation
Ecuador’s oil production faces a significant setback as the closure of the ITT oil field looms, bringing production levels back to those seen in 2003.
A – B = ?
Lately, I’ve been feeling pretty upbeat about Ecuador’s direction. We’re seeing a drop in crime, a significant decrease of over 50% in murders, and even a noteworthy 500-point dip in the country’s risk-rating since Noboa’s tenure began. But I’ve got to admit, the stories I read in this week’s issue have left me somewhat uneasy. […]
Update: Country risk below 1,500 points
The country’s indicator stands at 1,498 points, marking the lowest level during Daniel Noboa’s three-month tenure as the head of government.
2024 Budget Proforma Reveals Noboa’s Challenge: Securing Billions in New Loans
The government’s loan requirement for 2024 stands at $10.992 billion, representing a $3.415 billion increase from the previous year’s planned amount.
Russia-Ecuador Diplomatic Tensions Dissipate as New Opportunities Emerge
Following three weeks of strained diplomatic relations, the discord between Russia and Ecuador has finally subsided, marking the beginning of a new phase in their interactions. The government of Vladimir Putin now seeks to revive dormant projects with Ecuador, putting aside recent disagreements.
Drone Plants 1,500 Trees in 15 Minutes to Combat Deforestation
This new technology can plant seeds 200 times faster than traditional methods.
Volume 8, Issue 20
From the week of February 18, 2024
The Cuenca – Molleturo – El Empalme Road Remains Shut Down Due to Landslide
A vehicle found itself trapped amidst the debris from a landslide, obstructing kilometer 90 of the Cuenca-Molleturo-El Empalme road.
Woman Escapes House Arrest in Cuenca While Under Police Surveillance
Despite the presence of four police officers guarding her, the career criminal managed to evade her home detention.
Former Prison Guard Finds Perilous Path to Freedom
In the shadow of uncertainty and danger, Rodrigo, a former prison guard in Ecuador, reflects on his harrowing journey to the United States. As he recounts his tale, the stark realities of the Ecuadorian migration crisis come into sharp focus, revealing a landscape marred by violence, exploitation, and despair.
Russian Delegation to Inspect Ecuadorian Banana Farms Following Resumption of Exports
Both administrations maintain that the halt in banana imports to Russia was unrelated to Ecuador’s proposed sale of Russian weapons to the USA as ‘scrap metal.’ Nevertheless, the underlying matter of the weapons transfer remained discernible.
Ecuador’s Improved Energy Outlook
Although the necessity for blackouts has ceased, Cenace cautions that the forthcoming dry season could entail diminished rainfall and potentially extend for a longer duration. Such conditions might once more necessitate the implementation of blackouts.
Peaceful Times
Now that carnival is over, we can return to our regular routines! Amongst the cacophony of noise, bustling traffic, and the merry revelers, one aspect stands out to me. Despite tens of thousands of Ecuadorians traversing the country in search of the ultimate party spot, and hundreds of thousands more celebrating in their hometowns, there […]
Ecuador’s National Development Plan Receives Unanimous Approval, Pledges $1.6 Billion Investment
The ambitious development plan’s realization hinges on the National Assembly’s approval of the Annual Investment Plan.Top of Form
Ecuadorians’ Exodus to Mexico Surges by 220% in 2023
The migration landscape in Mexico is witnessing unprecedented shifts as irregular migration, particularly among Ecuadorians, experiences a significant surge.
Update: Ecuador’s 2022 Census Unveils 425,045 Immigrants from 189 Countries”
Among these immigrants, the largest populations hail from Venezuela, Colombia, Spain, and Peru, with Americans comprising a smaller portion at 14,424.
Update: Ecuadorian Child Fatally Wounded in Sonora, Mexico Migrant Assault
Update to: An Astonishing 2,898 Children from Ecuador Held at US-Mexico Border” Published: Volume 8, Issue 5 An Ecuadorian child tragically lost their life in Sonora, Mexico, following a heinous armed attack targeting migrants. Reports from Mexican media detail the harrowing incident wherein an armed gang assaulted two trucks transporting migrants, resulting in 10 individuals […]
Ecuador and Colombia Forge Agreement for Individual Prisoner Repatriation
In a significant diplomatic move, high-level delegations from Ecuador and Colombia convened to address the pressing issue of repatriating convicted prisoners between the two nations.
President Daniel Noboa of Ecuador Bolsters Diplomatic Ties with the United States
In a bid to strengthen international cooperation, President Daniel Noboa of Ecuador embarked on a significant diplomatic mission, cementing ties with the United States during a crucial meeting in Guayaquil. The encounter, shrouded in secrecy, unfolded behind closed doors, leaving much speculation but little concrete detail about the discussions that transpired.
Volume 8, Issue 18
From the week of February 04, 2024
Sharp Decline in Violent Deaths Marks Ecuador’s Struggle Against Internal Armed Conflict
In a surprising turn of events, Ecuador has experienced a significant decrease in violent deaths, with a notable 41% drop following the declaration of an internal armed conflict. Between January 10...
Noboa Government Explores Merger of 19 Public Entities to Trim Bureaucratic Spending
Critics believe more could be closed with even more savings achieved.
Galapagos Seafood Innovation Lab Proposed to Tackle Food Insecurity
Covid-19 exposed food insecurity in largest Galapagos islands.
Raise the VAT
Last week, I laid it out for you—I’m a card-carrying liberal, hailing from Kennedy country. My political awakening happened when I was six, when Nixon ran for his first term. Before that I didn’t even realize there were different parties. Now, let’s delve into the debate over President Noboa’s proposal to bump up the VAT […]
$273 Million Payment on External Debt Bonds Eases Market Concerns
Ecuador successfully averted a default by disbursing $273 million to cover three interest coupons on foreign debt bonds, a crucial move by the Noboa Government to maintain financial stability. This payment, confirmed by the Ministry of Finance on February 1, 2024, was essential as the coupons were due by January 31, 2024. These coupons pertain […]
Tattoo Studios Experience Surge in Requests for ‘Cover-Up’ Transformations of Gang-Associated Tattoos
In the wake of the state of exception and internal armed conflict declared on January 9, 2024, the demand for tattoo studios in Guayaquil has experienced an unexpected shift.
Update: January Rescue Operation in Puebla, Mexico Saves 319 Ecuadorian Migrants
Update to: Rising Remittances Shed Light on Kidnapping Crisis Faced by Ecuadorian Migrants Published: Volume 8, Issue 16 In January 2024, Mexican immigration authorities conducted multiple operations in Puebla, rescuing a total of 2,501 migrants, with 319 of them being Ecuadorians. The National Migration Institute of Mexico (INM) disclosed on February 2nd that these rescued […]
Update: Euthanasia Decriminalization Plea Advances to Crucial Phase in Constitutional Court
Update to: Legal battle surrounding euthanasia case takes step forward as Court sets a date for hearing Published: Volume 8, issue 6 The pivotal phase of the plea to decriminalize euthanasia in Ecuador, brought forth by Paola Roldán, a victim of amyotrophic lateral sclerosis, has reached a crucial juncture in the Constitutional Court. On February […]
Update: The number of detainees for crimes ‘related to’ terrorism increases by 25%
Update to: Fénix Plan Leads to 237 Arrests for Terrorism and Over 4,000 Arrest for Other Crimes Published: Volume 8, Issue 17 The number of people detained for terrorism-related crimes has gone up. The National Police and Armed Forces shared their report on the outcomes since the start of the Internal Armed Conflict. As of […]
Government Faces Financial Crisis with $419 Million in Late Payments, Struggles to Fund Salaries
The Lasso Government accumulated unpaid balances of $3.584 billion, marking a twofold increase compared to the arrears in the 2022 State Budget.
Unitary Workers’ Front Organizes Protests Against Proposed VAT Hike at the National Assembly
The Unitary Workers’ Front (FUT) has declared a state of permanent mobilization following its national convention on Saturday, February 3, 2024.
Ecuador Seeks Diplomatic Resolution Amidst Russia’s Concerns Over Agricultural Exports
In a recent turn of events, Ecuador faces challenges with its key agricultural exports to Russia, as the Russian phytosanitary service urges the suspension of certification for both bananas and carnations, citing health risks associated with the “humpback fly” and the presence of flowering thrips.