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The former comptroller of Ecuador, Carlos Pólit, faces a maximum sentence of 20 years for each of the four charges related to money laundering. For the United States Department of Justice, the verdict against former comptroller Carlos Pólit, accused of participating in a bribery...

The trade balance in 2023 was favorable for Ecuador. The Arab Emirates have interest in Ecuadorian companies dedicated to agribusiness, tourism, mining and renewable energy. The Minister of Commerce of the United Arab Emirates, Thani Al Zeyoudi, is visiting Ecuador, along with...

A jury of 12 members found Carlos Pólit guilty of the six charges against him, for money laundering conspiracy related to the collection of bribes. From Miami, Florida. Former comptroller Carlos Pólit surrendered before three agents of the Marshals Service in the Court of the...

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...

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 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...

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...

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...

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...

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...