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18.5% of young Ecuadorians neither study nor work

One of the main barriers that prevents young people from studying and, in this way, improving their employment status is the lack of economic resources. As of June 2022, 18.5% of young Ecuadorians between the ages of 15 and 24 neither study nor work , which places them within the...
Posted On 04 Aug 2022
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Ecuadorians abroad will be able to vote electronically in 2023

More than 86,000 registered citizens in 26 countries will be able to choose the new members of the Participation Council through the Internet, on their mobile phones or computers. The experience of the 2021 elections set the tone so that, in 2023, more Ecuadorians abroad can vote...
Posted On 03 Aug 2022
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Only one of the five cases of monkeypox confirmed in Ecuador is hospitalized

The Minister of Health, José Ruales, confirmed that only one of the five cases of monkeypox confirmed in Ecuador remains hospitalized. According to the head of the State portfolio, the patient is isolated in a health home due to isolation, “not because there is any...
Posted On 02 Aug 2022
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Turkey, the new drug route that leaves from the ports of Ecuador

Ecuadorian banana shipments are the main fronts for cocaine trafficking destined for Turkey. Turkish territory acts as a bridge to bring the drug to Russia and the Persian Gulf. On July 26, 2022, the National Police thwarted the shipment of 158 kilos of cocaine to Europe from...
Posted On 01 Aug 2022
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The gaming industry could see guayusa, a plant that is produced in Ecuador, as a great ally, reveals a scientific study

Certain energy drinks that are prepared with the guayusa leaf, a plant that is produced in Ecuador and Peru, would induce greater mental concentration when playing video games than other hydrating beverages. This is the conclusion of a study carried out by researchers associated...
Posted On 29 Jul 2022
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In Daule, the MAG began the delivery of urea with a subsidy of 50% of its commercial cost

The Ministry of Agriculture and Livestock (MAG) began this week the delivery of bags of urea with the benefit of the subsidy of 50% of its commercial cost. The first beneficiaries were farmers from the Daule canton area, where the head of the MAG, Bernardo Manzano, went last...
Posted On 28 Jul 2022
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First export of Ecuadorian cannabis arrived in Switzerland

After eight days of travel from Ecuador to Switzerland and five months of working on the entire export process, the first 5 kilograms of processed flower and one liter of Ecuadorian cannabis tincture arrived at their destination. This export was made by CannAndes to Profields SA,...
Posted On 27 Jul 2022
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Country risk drops 334 points in ten days after the Economy Minister’s trip to Washington and due to the progress of the dialogue tables

Ecuador’s country risk dropped 334 points in the last ten days. It went from 1,600 points reached on July 15 (during the dialogue tables to seek pacification of the country) to 1,266 points this weekend. The approaches of the current Minister of Economy and Finance, Pablo...
Posted On 27 Jul 2022
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In Quito and Samborondón are the people with the most assets abroad

The Internal Revenue Service (SRI) has identified USD 733 million in assets abroad, declared by 202 taxpayers. In the first half of 2022, the SRI has collected USD 29 million for the temporary tax levied on wealth abroad. This value corresponds to goods valued at USD 733 million...
Posted On 22 Jul 2022
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Investigations in the US reveal route of bribes in Seguros Sucre

Juan Ribas Domenech, the former Chairman of the Board of Directors of the state-owned company, used an intricate system to collect bribes from reinsurance companies, through a network of companies that involved Biscayne Capital. The details of the corruption in Seguros Sucre come...
Posted On 21 Jul 2022
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