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Ecuador has made an interest payment on its bond due 2015 after defaulting on other debt for the second time in a decade, Finance Minister Maria Elsa Viteri said. The bonds rallied to two-month high following the announcement. The payment was made on Tuesday. ...
A light rain dampened Cuenca’s Day of the innocents celebration Tuesday night but it couldn’t stop the annual strange behavior of thousands of participants and another 20,000 spectators. The event is staged at the head of Ave. Solano, just across...
Among the public works projects scheduled for 2009 by Cuenca’s city government are a reburfishment of Parque de la Madre and traffic improvements in the historic district. The work in Parque de la Madre, including construction of a school athletic...
Although Ecuador real estate sales to foreigners increased in 2008, the number was dwarfed by purchases by Ecuadorian citizens returning from the U.S. and Europe. Gustavo Moreno, spokesman for a Quito-based national real estate trade organization, said the...
Chilean-based airline Lan has been granted a two-year concession to operate domestic flights in Ecuador, according to Ecuadorian transportation officials. Lan's entry into the national market may also signal the beginning of international flights to Cuenca....
A crowd estimated to be 4,000, gathered at the Cuenca airport on Thursday to meet the body of an Ecuadorean immigrant beaten to death, Dec. 7, in New York. The Brooklyn murder of 31 year old Jose Sucuzhanay is the second high-profile killing of a...
Almost three dozen Cuencanos crowded into the front courtyard of Zoe's Cafe Tuesday night for the first annual World Without Violence Art Auction. Ten of the attendees walked away with artwork by some of Cuenca's best-known artists. The event was...
President Rafael Correa's decision to default on foreign bond payments has set off a debate over the consequences as well as speculation that other Latin American countries will follow Ecuador's lead. In his Friday decision, Correa vowed to...
Cuenca tourism officials are urging local hotels, hostals and businesses to do a better of job of accommodating the city’s growing number of tourists. The current independence celebration has left late-arriving travelers with limited lodging options and the...
Icaro Airlines has suspended its Quito to Cuenca service. The airline first claimed that the suspension would be temporary, the result of Sept. 22 accident at the Quito airport that took one of its aircraft out of service. The airline has since...
Enforcement of Ecuador’s new traffic law begins in earnest this week as police across the country receive explanations of the new regulations … and new ticket books. Ecuador Department of Transportation officials said that full enforcement of the law...
Aerogal, one of Ecuador's three national airlines, announced Oct. 12 that it will begin international service between Quito, Guayaquil and Miami, Dec. 7. The Cuenca-based airline, began the service last year but suspended operations within days due to...
Through Tuesday, Oct. 14. Check El Tiempo, El Murcurio and the iTurs office for complete information. Photography exhibition: Peruvian artist Adriko Canales Date: Until Oct. 17 Place: Paul Cézanne Gallery, Alliance Française...
President Rafael Correa fulfilled a campaign promise he made two years ago to change the constitution as Ecuadorian voters overwhelmingly approved the new charter. The 444-article document received 65% of the votes in a campaign highlighted by strong...
Life just became a little more complicated for foreign tourists who want to remain in Ecuador beyond the 90 days granted by their passport entry stamp. A memo from the country’s ministry of foreign relations to local immigration offices on Monday, Sept. 22,...
A Cuenca language school is looking for two or three English teachers for the start of new classes next week. The school, located in the historic district, has both English and Spanish students, and uses an approach incorporating substantive subjects into language...
According to Douglas Griffiths, U.S. Consul General to Ecuador, cooperation between the U.S. and Ecuador is stronger than it has been in years. In an hour-long meeting with U.S. citizens living in Cuenca, Thursday, Sept. 25, Griffiths said that despite political...
Cuenca transportation officials reported no problems with the reopening of the city's airport Monday, saying that all systems appeared to be functioning normally. Formal approval of the runway resurfacing project was given on...
By Tim Vickery It looked a long shot a year ago after the team's disastrous start to the current campaign: losing at home to Venezuela followed by crushing defeats at Brazil and Paraguay, after which coach Luis Fernando Suárez stepped down. Almost a year...
Despite rumors to the contrary, the laws and major policies of the Ecuadorian immigration office relating to foreigners have not changed, according to an immigration expert. "Rules and interpretations change day to day and from one director to the next, but this...
