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‘I have concluded that the dollarization system is a convenient and necessary system for Ecuador . It is the exit we now have. It is the road where we must travel. The price will be 25,000 sucres ”. With those words, on January 9, 2000, the then president Jami...

It can be said that the sucre died twice . The first: with the beginning of dollarization, on January 9, 2000. And the second, with the failure of the Unitary System of Regional Compensation (Sucre): a project of the Bolivarian countries that sought to become a regional currency....

The price of oil is sensitive to all social, political and economic action, an example of this is that the cost of a barrel of Texas crude, which increased by 3.64% today due to the tension between the United States and Iran. In the attack, the commander of the Quds Force of the...

The president of Ecuador, Lenín Moreno , reproached the “ outrage ” against Juan Guaidó whose re-election was scheduled this Sunday, January 5, 2020 in the Parliament of Venezuela . Lenin Moreno reproaches Guaido hit in the Venezuelan Parliament The Bolivarian Nationa...

China’s vertiginous growth in the last 40 years has moved the world. No Latin American country escapes its investments and in Ecuador they are in different economic and social sectors. Today, January 2, 2020, 40 years of relations between the two countries are celebrated....

Ecuador officially left this January 1 of the Organization of Petroleum Exporting Countries ( OPEC ) but “nothing happens” in the markets, in the group or in the country itself by that decision, announced in October, said Wednesday, January 1 2020 the Ecuadorian René...

Since 2020, Ecuador competes on equal terms with Colombia, Peru and Costa Rica, in the export of bananas to the European Union (EU). With the Commercial Agreement with that block, which is in force since 2017, the tariff has been decreasing over the years. Thus, in 2017 it was 97...

Days of intense heat live the country. PAHO warned of a heat wave from this month until March 2020 in South America. High temperatures are already beginning to be felt in the coastal area of ​​the country. PAHO warns that there will be three months of intense heat in Ecuador...

2019 was an important year for the mining, electrical and oil sectors of Ecuador. 2019, a relevant year for the mining industry in Ecuador In mining, the exploitation and export of copper and gold on a large scale in Zamora Chinchipe began in the country. The first project opened...

That initial aspiration of Dubai Port and seconded by the Government of Rafael Correa to leave Guayaquil for cabotage (internal merchandise traffic) and tourism that stipulated the late Mobility Strategic Plan, made sense only for the economic calculations of DP Worl...