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President Rafael Correa says that Ecuador industries that export their products to the European Union will be protected if a trade agreement with the EU is not signed this year. Special trade preferences on a number of products will expire on December 31. “We have a...
Ecuador said Thursday it will reduce the import surcharge on some products by 12.5% to 40% beginning October 26. The announcement coincides with a visit to European capitals by Vice President Jorge Glas and Foreign Trade Minister Juan Carlos Cassinelli, who are...
By Colin Perkel Lawyers for a group of Ecuadorian villagers and oil giant Chevron squared off in court again on Thursday in the latest skirmish of a seemingly endless legal war that has already cost tens of millions of dollars to wage and has billions more at stake....
The International Monetary Fund (IMF) has upgraded its 2016 economic forecast for Ecuador, predicting a contraction of -2.3% instead of the -4.5% predicted two months ago. The revised number is in line with Ecuador Central Bank’s prediction of -1.7%. The IMF says the...
President Rafael Correa has earned the title as Ecuador’s “suingest” president since the country returned to democratic rule in 1979. The president has filed 21 lawsuits since he took office in 2007, almost twice as many as all other presidents combined in the last 37...
Despite repeated assurances to the contrary, the government’s chances of signing a trade agreement with the European Union in 2016 look increasingly less likely. According to several industries, reaching an agreement by the end of December is critical since temporary...
Ecuador began drilling for oil Wednesday in a Amazon nature reserve known as Yasuni, a site that President Rafael Correa had previously sought to protect from development and pollution under a pioneering conservation plan. Correa in 2007 asked wealthy countries to...
By Jonathan Watts In the dead of night, two men steal through the streets of Quito armed with spray cans and a zeal for reform. They are not political activists or revolutionaries: they are radical grammar pedants on a mission to correctly punctuate Ecuador’s...
A defiant Eduardo del Pozo says he will not apologize to President Rafael Correa for comments he made during a June radio interview. Del Pozo, Quito vice-mayor, has been sentenced to 15 days in jail and fined $90 for “dishonoring” the president. The sentence, issued...
Quito Vice-Mayor Eduardo del Pozo has been sentenced to 15 days in jail for comments he made about President Rafael Correa during a June radio interview. A Quito court ruled that del Pozo “discredited the honor of the President.” Del Pozo’s attorney said the judgement...
The second strong earthquake in a month injured several people and knocked out utilities in some areas of Quito Sunday night. The 4.6 magnitude quake occurred at 7:22 p.m. and was centered in the same location as a August 9 earthquake, about 11 kilometers northeast of...
By Sylvan Hardy He preaches, he cajoles, he pleads. He laughs, he cries. Sometimes, he dances and sings. Almost always, the hand-picked audience applauds — and, laughs, cries, sings and dances with him. Called sabatinas, because they are held on Saturday, the...
Included in a large Chinese shipment of earthquake relief supplies last month were 10,000 AK-47 assault rifles and ammunition. Puzzled relief workers in Manta decided not to hand them out to those left homeless by the April 16 earthquake and called Ecuador’s defense...
In a revision of an earlier forecast that Ecuador's economy would grow by 1 percent, the Central Bank said Thursday that it will in fact contract by 1.7 percent in 2016. The revision confirms the fact the the country is in recession. The Central Bank said that the...
Brazil rode a strong second-half performance from Neymar to trump Ecuador 3-0 in 2018 World Cup Qualifying action on Thursday, earning their first-ever win on Ecuadoran soil in the process. Gabriel Jesus led the scoring with a brace, but the win was very much on a...
Although it has been a dominate force in Latin American football for most of the last century, Brazil has never had much luck playing in Quito. The last time they beat Ecuador there, in fact, was 33 years ago. “We hope to change history on Thursday,” said new...
Claiming that the impeachment trial of Brazilian President Dilma Rousseff failed to prove that she committed financial crimes, Ecuador has recalled its ambassador to Brasilia. "The Government of Ecuador rejects the blatant subversion of democratic order in Brazil,”...
The presidential prospects of Lenin Moreno received a major boost Saturday when the recently chartered Revolutionary Left Movement (MIR) said it supports the former vice president. Moreno, who was vice president during the first six years of President Rafael Correa’s...
President Rafael Correa is mad as hell at what he considers disrespect for himself and the office of the presidency. He has filed legal action against a naval disciplinary board that refused to punish Lt. Edwin Ortega for responding in “offensive language” to a letter...
Shouting “Out Correa” and carrying traditional red union flags, members of the National Teachers Union (UNE) were joined Thursday by other leftist workers union members in anti-government protest marches in Quito, Guayaquil and Cuenca. Smaller, pro-government counter...
