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Ecuador Political News

Read the latest political news out of Ecuador including new and ongoing issues, the political system, and the president of Ecuador Rafael Correa.

August 3, 2020

U.S. Judge Lets Ecuador $17.4 Billion Debt-Swap Deal Proceed- Bloomberg

A federal judge in New York denied a request by two U.S. investment firms for a temporary restraining order blocking …

July 30, 2020

Exclusive: White House to lure U.S. firms to Latam from Asia in nearshoring drive, senior adviser says- Reuters

The Trump administration is readying a new initiative that would use financial incentives to encourage U.S. firms to move production …

July 29, 2020

Ecuador opens mobile centers for COVID-19 testing as hospitals fill up- Reuters

As the coronavirus pandemic takes its toll on Ecuador’s capital, Quito, authorities are deploying new sanitary mobile centers to ramp …

July 29, 2020

Wind energy in Ecuador, wind farm advances in Huascachaca- EV Wind

The construction of the Minas de Huascachaca Wind Farm (PEMH), which is located in the province of Loja, canton Saraguro, …

July 29, 2020

Huge fleet of 260 Chinese fishing ships is discovered off the Galapagos Islands sparking fears they will ‘suck the life’ from the unique marine eco-system- Daily Mail

260 Chinese fishing ships have been discovered near the Galapagos Islands sparking concerns that they will damage the marine eco-system …

July 22, 2020

Ecuador Sees Boatloads of Shrimp Returning to China Soon- Bloomberg

Ecuador’s trade minister is optimistic his country’s biggest export market for shrimp will reopen soon. China is likely to lift …

July 22, 2020

Ecuador’s Amazon tribes turn to tech to track COVID-19 cases- Reuters

Ecuador’s indigenous groups in the Amazon have launched an information dashboard to monitor the coronavirus and identify contagion hotspots as …

July 22, 2020

Ecuador: Court Ratifies 8-Year Sentence Against Rafael Correa- Telesur

Ecuador’s National Justice Court (CNJ) ratified an eight-year sentence against former President Rafael Correa, who is accused of allegedly financing …

July 21, 2020

Ecuador ploughs on with $17.4 billion debt revamp with major creditor support- Reuters

Ecuador pushed forward with its debt overhaul plans on Monday, requesting a vote among its creditors on reconfiguring the terms …

July 21, 2020

Bondholder groups reject Ecuador’s restructuring offer- Latin Finance

Three groups of bondholders have responded to a proposed bond swap from Ecuador with two groups rejecting it and one …

July 21, 2020

Ex-president Correa of Ecuador sentenced to 8 years in prison in bribery case as court dismisses his appeal- RT

Ecuador’s National Court of Justice has turned down an appeal filed by former president Rafael Correa in an “aggravated bribery” …

July 20, 2020

IMF foresees a 10.9% fall in the economy of Ecuador for this 2020- Ecuador Times

The International Monetary Fund (IMF) calculates that Ecuador will have a fall of the Gross Domestic Product (GDP) of 10.9% …