IBOV 177,418.78 ▲ 1.00% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,430.32 ▼ 0.08% MERVAL 3,033,848 — 0.00% COLCAP 2,425.08 ▼ 1.33% BVL PERÚ 59,928.30 ▼ 0.80% USD/BRL5.17▼ 0.22% USD/MXN16.98▼ 0.10% USD/CLP938.58▲ 0.46% USD/COP3,220▲ 0.58% USD/PEN3.36▼ 0.15% USD/ARS1,513▲ 0.28% USD/UYU40.29▲ 0.05% USD/PYG5,892▼ 0.13% USD/BOB11.85▲ 2.00% USD/DOP58.61▲ 0.46% USD/CRC447.35▲ 1.29% USD/GTQ7.62▼ 0.02% USD/HNL26.84▲ 1.13% USD/NIO36.62▲ 0.14% USD/VES796.33▲ 0.29% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.69▼ 0.37% EUR/BRL6.00▼ 0.22% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 177,418.78 ▲ 1.00% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,430.32 ▼ 0.08% MERVAL 3,033,848 — 0.00% COLCAP 2,425.08 ▼ 1.33% BVL PERÚ 59,928.30 ▼ 0.80% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Tuesday, September 1, 2026

Latin America Ecuador

Noboa Taps Blackwater’s Prince to Battle Ecuador’s Chaos

By · March 21, 2025 · 2 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

President Daniel Noboa shocks the world, revealing a strategic alliance with Erik Prince, Blackwater’s founder, to tackle Ecuador’s security crisis.

The 37-year-old leader aims to curb narcoterrorism and illegal fishing, escalating his fight against rampant crime. This move arrives as Ecuador reels from nearly 2,000 violent deaths in 2025’s first months.

Ecuador endures a grim reality, boasting Latin America’s highest homicide rate at 38.76 per 100,000 in 2024. Gangs exploit Guayaquil’s ports, trafficking cocaine and sparking chaos with massacres and extortion.

Noboa, facing reelection on April 13 against Luisa González, doubles down on his hardline stance. Prince brings a controversial past, his Blackwater mercenaries infamously killing 17 Iraqi civilians in 2007’s Nisour Square massacre.

Trump pardoned the convicted contractors, amplifying Prince’s divisive reputation. Now, he advises Ecuador’s forces, prompting fears of privatized violence amid a desperate bid for stability.

Noboa Taps Blackwater’s Prince to Battle Ecuador’s Chaos
Noboa Taps Blackwater’s Prince to Battle Ecuador’s Chaos. (Photo Internet reproduction)
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

Noboa defends the pact, stressing Prince’s expertise in urban warfare during a BBC interview. He clarifies that mercenaries won’t necessarily deploy, focusing instead on training for Ecuador’s 35,000-strong military.

Critics, including retired Colonel Patricio Pazmiño, slam the deal as a sign of failed policies. Violence defines Ecuador’s recent years, with 7,000 deaths in 2024 alone, dwarfing the 6.85 homicide rate of 2019.

Noboa’s Crackdown and Ecuador’s Struggle

Noboa’s militarized crackdown since 2023 cuts murders by 16%, yet January 2025 records 781 killings. Analyst Luis Carlos Córdova warns of a “dirty war,” citing Colombia’s “false positives” scandal.

The alliance emerges before a tight election, Noboa edging González by 19,800 votes in February’s first round. He seeks U.S. support, aligning with Prince’s Trump ties, while offering to host a military base. Ecuador’s economy stagnates, growing just 0.1% amid power outages costing $96 million daily.

Critics question sovereignty, with González pushing social programs over foreign intervention. Pazmiño urges stronger national forces, not mercenaries, highlighting untapped potential in Ecuador’s police and military.

The deal’s opacity fuels debate, leaving its scope unclear as tensions rise. Ecuador stands at a crossroads, its 17 million citizens trapped between fear and hope. Noboa’s gamble risks ethical fallout, recalling his 2024 embassy raid that severed ties with Mexico.

Businesses watch closely, weighing stability against the cost of extreme measures.
This partnership tests global norms, blending private military might with a nation’s struggle.

Success could reshape security strategies, but failure might deepen chaos, impacting trade and investment. The world observes, awaiting the outcome of Noboa’s daring play.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.