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Ecuador Secures $4 Billion IMF Agreement Amid Economic Reforms
On April 25, 2024, Ecuador marked a significant milestone, securing a $4 billion deal with the International Monetary Fund (IMF) for the next four...
Ecuador Embraces Security Reforms in Landmark Referendum
Yesterday, Ecuadorians cast their votes for substantial security reforms during a national referendum led by President Daniel Noboa.
This vote confirmed strong public support for...
Ecuador Confronts Dual Crises with President Noboa’s Twin Emergency Declarations
President Daniel Noboa took a bold step to stabilize Ecuador, declaring two separate emergencies.
He addressed a severe energy shortfall and rising security threats. Since...
Cash vs. Digital: Diverging Payment Trends in Ecuador, Bolivia, Chile, and Brazil
In Latin America, financial habits show stark differences as some nations embrace digital payments while others cling to cash.
Bolivia and Ecuador heavily use cash,...
Ecuador’s Bond Market Thrives Amid IMF Deal Anticipation
Ecuador's dollar-denominated bonds are shining in the global financial markets, achieving significant gains among emerging economies.
This surge stems from the expected new financing deal...
Diplomatic Fallout: Venezuela Closes Embassy and Consulates in Ecuador
On April 16, following the arrest of former Ecuadorian Vice President Jorge Glas, Venezuelan President Nicolás Maduro ordered the closure of his country's embassy...
Ecuador’s Strategic Investment in Air Defense Revitalization
Ecuador invests $56.85 million to upgrade Embraer EMB 314 Super Tucano fleet, bolstering air defense capabilities significantly.
Acquired in 2009, the fleet originally consisted of...
Mexico Escalates Diplomatic Row with Ecuador to International Court
Mexico has intensified a significant diplomatic conflict by bringing Ecuador before the International Court of Justice (ICJ) following a contentious raid on its Quito...
Former Ecuadorian VP Jorge Glas on Hunger Strike Amid Legal Turmoil
Former Vice President of Ecuador, Jorge Glas, has commenced a hunger strike at La Roca prison in Guayaquil.
This action follows his arrest linked to...
Mexico to File U.N. Complaint Over Ecuador’s Embassy Assault
Mexico plans to bring Ecuador before the United Nations due to a conflict ignited by an Ecuadorian police raid at the Mexican embassy.
This operation...
Ecuador’s Political Saga: Navigating the Glas-Correa Legacy
Jorge Glas's transition from a leading role in Ecuador with Rafael Correa to facing legal issues highlights the country's complex politics.
From 2007 to 2018,...
Nicaragua Severs Ties with Ecuador After Embassy Incident
In an escalating diplomatic rift, Nicaragua declared yesterday its decision to sever all diplomatic ties with Ecuador.
This decision followed a police raid at the...
Ecuador’s Embassy Raid Sparks Outrage
Latin America faces heightened tensions following the breakdown of diplomatic relations between Mexico and Ecuador.
The situation escalated when Ecuadorian police breached the Mexican embassy...
Mexico Ends Diplomatic Relations with Ecuador After Embassy Incident
Former Ecuadorian Vice President Jorge Glas's arrest at the Mexican embassy in Quito heightened Mexico-Ecuador tensions, cutting diplomatic ties.
Convicted of corruption, Glas had sought...