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Ecuador

General Motors Shifts Strategy in South America

General Motors (GM) officially declared that it will shut down its assembly operations in both Colombia and Ecuador. This decision shifts focus to national vehicle...

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 years. This agreement promises substantial support for Ecuador's economic initiatives aimed...

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...

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...

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...

Noboa’s Embassy Raid Wins Domestic Praise, Boosts Political Standing

(Analysis) Ecuador's President Daniel Noboa boldly defied international norms by entering the Mexican embassy, a move that has, so...

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...

Ecuador’s Political Saga: Navigating the Glas-Correa Legacy

Jorge Glas's transition from a leading role in Ecuador with Rafael Correa to facing...

Ecuador’s Embassy Raid Sparks Outrage

Latin America faces heightened tensions following the breakdown of diplomatic relations between Mexico and Ecuador. The...

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...