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With $ 85 million in losses in the export sector due to the conflict in Russia and Ukraine, the commercial gaze is on China and South Korea

Outstanding collections from Russian buyers for exports shipped in the first weeks of the financial blockade to that country exceed $50 million. In total there are $ 85 million of accumulated loss in income for Ecuador in these five weeks that the Russian conflict with Ukraine...
Posted On 31 Mar 2022
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The Government of Guillermo Lasso protests the visit of Rafael Correa to Honduras

Former President Rafael Correa is in Honduras. The Government of that Central American country invited the leader of the Citizen Revolution movement within the framework of a management to exchange knowledge and experience in different sectors within the country on economic and...
Posted On 31 Mar 2022
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A ‘giant’ $5 billion oil heist

When in 2009 former President Rafael Correa began to mortgage 1,325 million barrels of Ecuadorian crude, in exchange for – in 8 years – receiving more than $18,000 million in credits with China, he believed that this country “was doing the right thing by placing...
Posted On 31 Mar 2022
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Effects of the war on the increase in food and fertilizer prices is discussed at the 37th FAO Regional Conference, in Quito

This Tuesday marks the second day of the 37th Regional Conference of the Food and Agriculture Organization of the United Nations (FAO), which takes place from this Monday in Quito, Ecuador, with the presence of representatives of all the countries of Latin America and the...
Posted On 31 Mar 2022
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