IBOV 174,586.26 ▲ 0.01% IPSA 11,369.18 ▼ 0.71% IPC MEX 66,191.11 ▼ 0.15% MERVAL 3,024,971 — 0.00% COLCAP 2,504.68 ▼ 0.15% BVL PERÚ 60,449.35 ▲ 0.30% USD/BRL5.15▼ 0.04% USD/MXN16.99▲ 0.20% USD/CLP922.25▲ 0.07% USD/COP3,128▲ 1.10% USD/PEN3.35▲ 0.26% USD/ARS1,514▲ 0.17% USD/UYU40.18▲ 1.55% USD/PYG5,957▲ 0.99% USD/BOB11.50▲ 1.47% USD/DOP58.01▲ 0.33% USD/CRC450.21▲ 2.07% USD/GTQ7.62▲ 2.21% USD/HNL26.82▲ 0.34% USD/NIO36.62▲ 0.79% USD/VES789.35▲ 0.36% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.73▲ 1.10% EUR/BRL5.99▼ 0.18% 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 174,586.26 ▲ 0.01% IPSA 11,369.18 ▼ 0.71% IPC MEX 66,191.11 ▼ 0.15% MERVAL 3,024,971 — 0.00% COLCAP 2,504.68 ▼ 0.15% BVL PERÚ 60,449.35 ▲ 0.30% 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%
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Thursday, August 27, 2026

US Launches Joint Drug War Operations Inside Ecuador

By · March 4, 2026 · 3 min read

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Key Points
US Southern Command announced joint military operations with Ecuadorian forces against designated terrorist organizations on March 3, with operational details classified
The mission is the first announced US ground operation in South America since the January raid that captured Venezuela’s Nicolás Maduro
A parallel operation with Europol dismantled a transnational trafficking network linked to the Los Lobos cartel

American and Ecuadorian military forces launched joint operations against drug trafficking organizations inside Ecuador on Tuesday, US Southern Command announced, marking the first publicly disclosed US ground mission in South America since the capture of Venezuelan president Nicolás Maduro two months ago.

SOUTHCOM said the operations targeted designated terrorist organizations but provided almost no operational detail. Ecuador’s Defense Ministry confirmed participation in what it called an “offensive” and said specifics were classified. A 30-second video released by SOUTHCOM showed soldiers boarding a helicopter, with black-and-white footage consistent with overhead surveillance of ground forces.

From Sea Strikes to Boots on the Ground

The Ecuador operation represents a significant expansion of the Trump administration’s counter-narcotics campaign in Latin America, which until now has focused primarily on strikes against suspected drug-trafficking vessels in the Caribbean and Eastern Pacific. Since September, at least 44 airstrikes on alleged smuggling boats have killed roughly 150 people, according to SOUTHCOM tallies. Moving onto land inside a cooperating sovereign nation marks a qualitative shift in the campaign’s scope and ambition.

US Launches Joint Drug War Operations Inside Ecuador. (Photo Internet reproduction)
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US Army Special Forces appear to be serving in an advisory role, providing intelligence and logistical support while Ecuadorian soldiers conduct the physical operations, according to the New York Times. The scope and expected duration of the mission remain unclear. SOUTHCOM did not respond to follow-up questions beyond its initial announcement.

Ecuador’s Cartel Crisis

President Daniel Noboa had telegraphed the operation a day earlier, announcing on social media that his government would carry out joint operations with the United States and regional allies in March, calling it “a new phase against narco-terrorism and illegal mining.” SOUTHCOM commander General Francis Donovan had visited Quito over the weekend to meet with Noboa and senior Ecuadorian officials.

Ecuador has been engulfed by cartel violence in recent years, with Los Lobos and Los Choneros emerging as the country’s dominant criminal organizations. Both were designated as foreign terrorist organizations by the US State Department in September 2025, providing the legal basis for American military involvement. The groups have been linked to Mexican and Colombian cartels and have turned Ecuador’s Pacific coast into a major cocaine transit corridor.

A Parallel Europol Operation

On the same day, the US Embassy in Ecuador announced the successful conclusion of a separate joint operation with Europol and Ecuadorian authorities that dismantled the Hernán Ruilova Barzola transnational drug trafficking organization, described as linked to Los Lobos. The timing of both announcements suggests a coordinated law enforcement and military push against the cartel’s operational infrastructure on multiple fronts simultaneously.

The Manta Question

US troops returned to Ecuador’s Manta air base in December under what SOUTHCOM described as a short-term mission within existing bilateral agreements. The base had been a major American counter-narcotics hub until Ecuador’s then-president Rafael Correa refused to renew the lease in 2009. Noboa pushed for a referendum last year that would have authorized the return of foreign military bases, but voters rejected it in November. The current deployment operates under a legal framework that avoids the need for a formal basing agreement, though the line between a temporary advisory mission and an enduring military presence may prove difficult to maintain as operations escalate. For Washington, Ecuador offers something rare in the region: a willing partner in a drug war that is rapidly moving from the open ocean onto sovereign territory.

This is part of The Rio Times’ daily coverage of Ecuador news and Latin American financial news.

For more context, read Brazil’s Morning Call and the USD/BRL exchange rate report.

Deep Dive

Ecuador Colombia Crisis 2026: Complete Guide

The full timeline: from the 30% security tariff in January to 100% trade war, border bombings, CAN collapse, and what the May 31 election means for both countries.

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