Cuenca High Life logo

Number of Venezuelan refugees entering Ecuador drops from 2,000 to 50 a day

The flow of Venezuelans crossing the Colombian border into Ecuador has gone from a veritable deluge to a trickle since the government began requiring visas in August. “We were required to limit the number entering the country for the welfare of both Ecuadorians and Venezuelans,” says Juan Sebastián Roldán, personal secretary to President Lenin Moreno. […]

Read More…

‘Half-baked’ Latin American currencies contribute to political upheaval

By Steve Hanke The real problem that plagues most Latin American countries — and a contributing cause of the current political unrest —  is the fact that they have central banks that issue half-baked local currencies. Although widespread today, central banks are relatively new institutional arrangements. In 1900, there were only 18 central banks in […]

Read More…

Latin American countries pledge to meet 70 percent renewable energy by 2030

By Valerie Volcovici Latin American countries have set a collective target of 70% renewable energy use by 2030, more than double what the European Union is planning. Colombia, representing the pledges from eight Latin American countries, presented the target at the United Nations Climate Action Summit, where world leaders were asked to deliver concrete proposals […]

Read More…

Overtourism and herd mentality are ruining the spontaneous travel experience

By Julia Buckley Picture the scene. You’re on vacation. You’ve had a slow morning wandering round, a long lunch and a stroll around the city. You realize you’re near that gallery you’ve been meaning to visit — so you walk over. Even five years ago, you could probably have sauntered in unless it was a […]

Read More…

Business group attacks government economic plan, says it discourages investment

Proposals to turn the economy around are headed for failure, according to an organization representing Ecuador’s largest businesses. “We were hoping for measures that would encourage investment and lead to higher employment,” says Patricio Alarcón, president of the Ecuadorian Business Committee. “What we are getting is a program that increases taxes and discourages growth.” Although […]

Read More…

Can red wine improve your health? Maybe not

By Jessica Brown Even though alcohol kills millions of people every year, humans have been imbibing for millennia. In the last few decades, wine, in particular, has gained a reputation for being good for our health. Red wine even has been linked with longevity and lower risk of heart disease. But could wine really be good for […]

Read More…

The UN criticizes government’s economic proposals and their impact on the poor

The United Nations Committee on Economic, Social and Cultural Rights believes that Ecuadorian government fiscal austerity measures will have a “disproportionate impact” on the country’s poor population. The committee also criticized the International Monetary Fund (IMF) for asking for deep cuts to some public services in exchange for providing loans. “Following our evaluation, we are […]

Read More…

Police brutality investigated in Cuenca protests

The Azuay Province Prosecutor’s Office is investigating five cases of alleged police brutality during the protests earlier this month. All five incidents under review occurred during confrontations between police and protesters in Cuenca’s historic district. Most of the cases are the result of photos and video posted on social media and may have involved an […]

Read More…

Argentina voters take left turn, choose Fernandez and Fernandez de Kirchner over Macri

Argentine President Mauricio Macri conceded defeat to his center-left rival Alberto Fernandez late Sunday after the first round of voting in the country’s closely fought election. Voters turned out in numbers to reject the austerity measures introduced by Macri as the country attempts to dig itself out of a deep economic crisis. Inflation has ballooned […]

Read More…

Protests continue in Bolivia after Evo Morales is officially named election winner

Evo Morales has narrowly won a controversial fourth presidential term just as tens of thousands of Bolivians marched in the administrative capital, La Paz, and cities across the country on the fourth day of protests decrying alleged voter fraud. With 99.99% of the official vote counted, Morales won 47.07%, fractionally clearing the 10-point margin he […]

Read More…