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The price of cocoa exceeds USD 9,000 per metric ton for the first time

The price of cocoa exceeds USD 9,000 per metric ton for the first time on March 25, 2024, due to the lower supply of this tropical fruit. This rebound has even caused cocoa to be more expensive than copper (the reference industrial metal), Bloomberg reported. The National...
Posted On 25 Mar 2024
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Daniel Noboa on Tourism Law: “we comply with our legislative agenda for this period”

The President of the Republic, Daniel Noboa, reacted to the approval of the bill for the Strengthening of Tourist Activities. Before coming into force, the Executive has two options: veto it (partially or totally) or send it directly to the Official Registry. The fifth urgent...
Posted On 22 Mar 2024
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New special force focused on kidnappings and extortion

The Anti-Extortion Investigation Force (FICE) already operates in the territory, the National Police announced on March 20. For three months, several agents were trained in anti-terrorism investigation for extortion and kidnapping with explosives. The FICE is also made up of...
Posted On 22 Mar 2024
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Christian Gavilanez submits Shayne Armstrong in his professional debut

The Ecuadorian lightweight, Christian Gavilanez, successfully begins his professional journey by submitting the American, Shayne “The Payn” Armstrong, in the first round of the fight they held on the undercard “Peak Fighting 34: Pfister vs Beck” on the...
Posted On 21 Mar 2024
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Government denies publication that talks about “farra” by Daniel Noboa in Madrid

A Spanish newspaper called El Debate claims that President Daniel Noboa had a disrespectful attitude during his stay in Madrid last January. The Ecuadorian Government denied, on March 21, 2024, that it had received “any communication from the government of Spain” due...
Posted On 21 Mar 2024
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Noboa Government ratifies adherence to declarations of Chapultepec and Salta

The government is taking steps to improve and guarantee freedom of expression, as well as the work of journalists and the media, said Roberto Izurieta, from the Ministry of Communication. On March 19, 2024, the president, Daniel Noboa, received a delegation from the...
Posted On 20 Mar 2024
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The taste of guinea pig Azuayo reaches the United States: migrant company exports its first batch

Three Azuayan migrants invested USD 170,000 to build a guinea pig processing plant. The first batch of 800 units arrived this week in New York. Guinea pig is one of the most sought-after products by Ecuadorians living in the United States. Now, an Azuaya company will bring this...
Posted On 20 Mar 2024
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Jorge Glas again without political rights

Former vice president Jorge Glas is once again left without political rights. This was determined by the judge of the Yaguachi canton (Guayas), Karly Vargas.  The judge revoked the precautionary measures that restored the rights of former Vice President Glas, in June 2023. That...
Posted On 19 Mar 2024
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Attention ‘freelancers’: SRI launches controls on those who receive payments from abroad

The SRI points out that it has detected that the income of several ‘freelance’ professionals, and paid from abroad, is not considered in the Income Tax declaration. Like employers in a dependency relationship, in March, those called ‘freelance’ or those...
Posted On 19 Mar 2024
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Telefónica loses market share in almost all the countries where it operates, including Ecuador

Despite registering an increase in access to mobile customers, Telefónica lost some space in its markets, except Chile and Venezuela. In November 2023, the Government of Ecuador signed the temporary extension of the concession contract for Otecel, a subsidiary of the...
Posted On 19 Mar 2024
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