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Claiming that the number of U.S., Canadian and British foreign residents living in Cuenca exceeds 5,000, Ecuador’s foreign ministry says that some regulation of the influx may be necessary to mitigate the economic impact on the local population. The ministry says that in addition to English-speaking foreigners living in Cuenca, there are another 4,000 Latin...
Mayors and prefects from several cities and provinces, alongside representatives of multiple political parties and social organizations, gathered in Cuenca on Monday to form a new political front against the government of President Rafael Correa. One year after legislative elections on February 23, 2014, when candidates of Correa’s PAIS Alliance party lost in several important...
By Everett Rosenfeld In 2000, Ecuador moved to ditch its stumbling currency for the U.S. dollar. Now more than 15 years later, the South American country is revamping its monetary system again, this time adopting the use of digital currency. Ecuador’s Sistema de Dinero Electrónico (electronic money system) kicked off in December by allowing qualifying...
The English-speaking residents of Cuenca have a magazine devoted to spreading the good news. The publisher of Zero: Living with Attitude, Sara Coppler, says that the publication will focus on “the positive” and be a vehicle for bringing the expat and local communities together. “We believe we can make a difference, but it will be...
The United States and most Latin American nations voiced concerns over political tensions in Venezuela after the socialist government arrested the opposition mayor of Caracas in an alleged coup plot. Almost exactly one year after opposition figure Leopoldo Lopez was arrested as he led a wave of protests against socialist President Nicolas Maduro, intelligence agents...
Cuenca’s International Art Bienal is reviewing its mission and says it needs to do a better job of engaging the public. Many local artists criticized the 2014 event for its focus on installation art and pointed to poor attendance as a reason to make changes. Cristóbal Zapata has been named Bienal director by the Bienal...
The National Electoral Council (CNE) has again denied opponents of a constitutional amendment allowing indefinite reelection of public officials. If the amendment goes into effect, it is widely believed that President Rafael Correa will seek another term office. The CNE said Friday that it will not forms, Compromisos Ecuador, available to the opposition who want...
The Facebook page Crudo Ecuador (Raw Ecuador), dedicated to political satire and one of the main reasons why president Rafael Correa initiated a social-media battle in the country, announced on Thursday that it is shutting down, including the associated website and Twitter accounts. The administrator of the site, who remains anonymous to the public, makes...
Shrimp prices are sliding in Ecuador but producers say they are optimistic about long-term prospects. According to industry sources, the drop is due to a combination of factors: the overproduction of large sizes of shrimp, European buyers keeping an eye on the dollar exchange and U.S. companies sitting back on good inventories. At the same...
The Ecuadorian Embassy in Caracas says that a record number of Venezuelans are applying for permanent residency in Ecuador. It also reports that Ecuadorian expats in Venezuela are coming home. “It’s a bad situation and many people have decided to leave,” says Roberto Fernández who recently arrived in Quito. He comes with his wife and...
More than 56 percent of Latin American adults are overweight or obese, compared to a global average of 34 percent, according to a report by the Overseas Development Institute last year. The growing problem often affects the poorest in society, and threatens to overwhelm Latin America’s public health systems and curtail economic gains in the...
The European Union (EU) has made the first payment in a plan to protect large stretches of grasslands in the Andes Mountains of Ecuador, Peru and Colombia. The objective of project is to protect watersheds and environmentally sensitive land above the treeline, known as paramos. In its first payment, the EU invested $7.1 million, saying...
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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.
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