Ecuador News
By Matthias Baumgart Stock market investors were in for a rough ride last year. Major indices were down, some significantly. A number of relatively small regional stock exchanges, however, outperformed their much more famous counterparts. Ecuador has two stock exchanges: Quito (Bolsa de Valores de Quito, BVQ) and Guayaquil (Bolsa de Valores de Guayaquil, BVG)....
Major disagreements are emerging in the National Assembly coalition that seeks to impeach President Guillermo Lasso. The conflicts follow Lasso’s renewed threat, made earlier in the week, of using the so-called cross death to dissolve the Assembly and call new elections. Members of the Assembly’s Social Christian, Pachakutik and Democratic Left delegations objected Thursday to...
By Jeremiah Reardon After the alarming earthquake on March 18, my wife Belinda and I were deeply touched and overwhelmed by all who showed concern about our welfare, both through emails and phone calls. Ecuador was in the news again due to an earthquake. The recent one hit 6.7 on the Richter Scale, weaker in...
Ecuador’s Attorney General has formally requested that former President Lenín Moreno and his wife Rocío González be held in preventive detention. Associate Attorney General Wilson Toainga made the request to criminal court Judge Mauricio Espinosa at a Wednesday hearing in Quito. Espinosa did not say when he would announce a decision. Moreno, his wife and...
President Guillermo Lasso will remain in the Armed Forces Hospital in Quito until at least Friday where he is recovering from a urinary tract infection. He was hospitalized Monday with a high fever and is receiving intravenous treatments and supplemental oxygen, his doctors say. According to the presidential press office, tests showed no heart or...
President Guillermo Lasso said he would dissolve the National Assembly and call early elections if he does not muster enough support among legislators ahead of a potential impeachment hearing, the Financial Times said on Tuesday. Although Lasso had earlier said invoking the so-called “cross death” was one of his options, this was the first time...
By Robert Sherman Much attention has been put on fixing the problems of drug cartels in Mexico, with the U.S. and European nations putting pressure on the Mexican government to crack down on them. This has led some cartels’ operations to shift back to Colombia, where the illegal drug trade through the Caribbean and South...
Police are warning neighborhood organizations against taking the law into their own hands. The warning coincided with weekend rallies, marches and road blockages protesting robberies and extortion of businesses. In the Carmen de Guzho parish on Cuenca’s southside, residents gathered around a bonfire flanked with signs reading, “Danger, thieves will be caught and burned,” and...
By Luke Taylor A US-backed plan to stop migrants from crossing the lawless Darién Gap will likely fail and only push desperate people further into the hands of merciless people-trafficking organisations, migration experts have warned. The US Department of Homeland Security announced on Tuesday that it had brokered a deal with the Colombian and Panamanian...
Acknowledging this week’s escalation of violence, President Guillermo Lasso told CNN Friday that the latest killings in Emeraldas and Guayaquil indicate that criminal gangs are changing tactics. “We have made impressive progress in interrupting drug shipments out of our ports and this is forcing gangs into new criminal enterprises.” Lasso said that the installation of...
Problems on area highways are keeping buyers away from Cuenca holiday craft fairs, artisans say. “All the landslides and closures are hurting the traffic from the coast, which is where many of our customers come from,” says Quito jeweler Paul Ortiz. “Cuenca always has the best craft fairs, attracting the most people but when the...
President Guillermo Lasso announced Wednesday night the arrest of a man he described as the organizer of the massacre of nine fishing port workers in Esmeraldas. The president did not provide the suspect’s name, referring to him by his alias, El Coco, leader of Los Tiguerones criminal gang. “The suspect has identified others involved in...
Dani News
Fund Grace News
Country Ranch Living News
Country living News
Hogar Esperanza News
The Cuenca Dispatch
Week of April 28
General Motors Auto Parts Manufacturer Laments: “Today Marks a Dark Day for the National Industry”.
Minister Requests Resignations in Termogás Machala, Dubbed ‘Epicenter of Energy Inefficiency’.
Chevrolet to Cease Car Assembly in Ecuador by August, Production to Halt in Colombia.
Thai Lotus News
Discounts at Gran Colombia News
