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The solution to the Ecuador-Argentina impasse will require high-level intervention

The declaration of ‘ Persona Non Grata ‘ to the Argentine ambassador in Ecuador, Gabriel Fuks, does not mean the rupture of relations between Ecuador and Argentina. But for both nations to send their ambassadors again will require a high – level agreement.  The...
Posted On 16 Mar 2023
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Banking rules out a tailspin in Ecuador due to the fall of Silicon Valley Bank

The price of Ecuadorian oil suffered a significant drop after the crisis originated in the United States due to the bankruptcy of the Silicon Valley Bank. Ecuador begins to feel the first effects of the collapse of Silicon Valley Bank (SVB), in the United States, and they...
Posted On 16 Mar 2023
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The Cabify transport platform stops operating in Ecuador

Cabify, a Spanish transportation app, operated in two cities in Ecuador: Quito and Guayaquil. The Spanish transport platform Cabify ceased to operate in Ecuador permanently as of March 15, 2023, according to a statement sent by the company to its clients. The company closes its...
Posted On 16 Mar 2023
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Export companies led by women are more productive

14% of export companies in Ecuador are led by women. These firms are 3.5 times more productive than those run by men. Export companies led by women are 3.5 times more productive than those led by men, according to a report by the Ecuadorian Federation of Exporters (Fedexpor). The...
Posted On 16 Mar 2023
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