CuencaHighLife
Venezuela will allow companies to raise capital in foreign currency, according to a new rule by the country’s securities regulator, as socialist President Nicolas Maduro liberalizes the struggling economy in the face of sanctions. The government unexpectedly began relaxing foreign exchange and price controls in late 2018. That prompted a rise in transactions in dollars...
By Marco della Cava Coronavirus is in the global spotlight, but a secondary character in this unfolding drama threatens to upstage the grim protagonist: fear. Chalk that up to what it means to be human. Animals have a fight-or-flight response to real and present danger. We have that maddening ability to go a step beyond and...
Cuenca prosecutors are rejecting a claim by prison administrators that the death of six inmates last week at the Turi correctional facility was a mass suicide. “Given the fact that the victims were in different areas of the prison and unable to communicate with each other we find the suicide explanation extremely unlikely, even a...
By John Curiel and Jack R. Williams As Bolivia gears up for a do-over election on May 3, the country remains in unrest following the Nov. 10 military-backed coup against incumbent President Evo Morales. A quick recap: Morales claimed victory in October’s election, but the opposition protested about what it called electoral fraud. A Nov. 10...
Ecuador’s health ministry announced Wednesday that all travelers arriving from China, Italy, Iran and South Korea will be checked for coronavirus symptoms as they enter the country. Minister of Health Catalina Andramuño said that the checks, comprised of a body temperature test and observation by immigration officials, will apply to Ecuadorian citizens and residents as...
By Stephen Dinan Despite the surge of illegal migrants from Central America, the actual unauthorized population in the U.S. has dropped over the last decade, according to a new analysis Wednesday that found hundreds of thousands of Mexicans have surrendered their foothold and self-deported back home. The border is also no longer the key to...
A taxi sustained “significant damage” Wednesday morning when it collided with a tram on Av. España at Nunez de Bonilla. A video of the accident shows the taxi making an illegal left turn directly into the path of the tram and being spun to the side. Transit police said the tram suffered minor “scratches” and...
A London court heard how the United States considered using Spanish private detectives to poison WikiLeaks founder Julian Assange during his seven years of asylum inside the United Kingdom’s Ecuadorian Embassy. Human rights lawyer Edward Fitzgerald, arguing against the extradition of Assange to the U.S., said Monday that the U.S. intelligence community plotted to kill...
Australian, British and U.S. expatriates in China say almost every aspect of their lives now revolves around the coronavirus outbreak. The story is much the same in South Korea, Japan and other east Asian countries and concern is growing in expat communities in Europe, the Middle East and North Africa. “It is too early to...
Tuesday morning’s hazy sky in Cuenca was the result of southwestly winds from the erupting Sangay volcano in Morona Santiago Province. Ecuador’s Geophysical Institute said the wind direction had shifted to the west by Tuesday night and reported that no ashfall was recorded in Azuay Province. The Red Cross issued a health advisory at 10...
Editor’s note: This is the fourth of a six-part series by Don Moore, a former Peace Corps volunteer in Honduras who developed a fascination with northern Peru — and wrote a book about it. Don spent most of January in Cuenca. To see part one, click here. For part two, click here. For part three,...
The spread of the coronavirus will result in the first fall in global air travel in more than a decade, the international airline industry predicts and, depending on the spread of the virus, the decline could be dramatic. The International Air Transport Association (Iata) warned that falling passenger demand as a result of the outbreak...
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The Cuenca Dispatch
Week of September 29
Cuenca’s Deluge: Rains Bring Relief and Risks After Prolonged Drought.
Government’s Decision to Relocate CELEC Headquarters Sparks Local Backlash.
Eight years and counting…
How to Receive Amazon Orders in Ecuador for Just $5 with the New ‘Flat Rate’.
Amazon eco lodge News
