News Flash
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A ton of cocoa is close to USD 12,000 and its exports already exceed those of tuna
As of February 2024, cocoa was ranked as the third non-oil non-mining export product, surpassing tuna and canned fish. The record prices of cocoa boosted the value of exports of the grain and its products in Ecuador, becoming the third non-oil, non-mining export product by February 2024, after shrim...
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Daniel Noboa on the popular consultation: “Ecuador has spoken”
Although the CNE has not yet proclaimed the official results of the popular consultation and referendum, President Daniel Noboa thanked the voters who supported him. One day after the elections, President Daniel Noboa finally spoke on the afternoon of April 22 on the results of the popular consultat...
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A discreet campaign for the popular consultation in Ecuador concludes
The campaign has been minimal on the part of the groups for and against the Noboa popular consultation and referendum on security, justice and employment. The campaign for the popular consultation called in Ecuador by President Daniel Noboa on security, justice and employment concluded this Thursday...
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Investors eager to invest in Ecuador within the framework of the agreement with the IMF
International markets are really anxious to know what will happen with the credit program that the Government of Ecuador negotiates with the International Monetary Fund (IMF), formally since March 7, 2024. Due to the high debt that Ecuador has with the multilateral, investors expect “precisely...
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Ecuador’s country risk falls to 1,141 points, the lowest level since February 2023
The country risk fell 73 points on April 17, in the context of the participation of the Minister of Economy in the spring meetings of the IMF. Ecuador’s country risk fell 73 points and stood at 1,141 on Wednesday, April 17, 2024. This drop in country risk occurred at a time when the Minister o...
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Citizens express their “unconditional support” for prosecutor Diana Salazar in the Shyris Tribune
Attendees at the event at the Shyris Tribune, in Quito, stated that “Ecuador must recognize the actions” of prosecutor Diana Salazar. Dozens of citizens gathered at 4:00 p.m. on April 17 at the Shyris Tribune, in the north center of Quito, to demonstrate their support for the Attorney Ge...
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Roberto Luque on power outages: “There will be no easy solutions in the short term”
The Minister of Energy in charge, Roberto Luque, held a press conference with other members of the Presidential Cabinet. “We have worked since the early hours of the morning with the Cabinet, CNEL, Celec, Cenace, to understand all the variables that affect this energy crisis“, said the M...