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The multinational Mercado Libre confirmed the opening of its offices in Ecuador. Through a statement, the company of Argentine origin indicated that at the beginning of March of this year, the General Director of Mercado Libre for the region that includes Chile, Peru and Ecuador,...

A raw material difficult to replace. Wheat flour accounts for up to 80% of the ingredients for making noodles and noodles, and its manufacturers are trying to deal with rising costs of up to 50% so far this year. On March 8, 2022, the price of wheat climbed to its highest peak...

The Central Bank of Ecuador (BCE) informed that it concluded the process of refining and certification of 80,850.697 troy ounces of non-monetary gold , purchased from small miners and artisanal miners, in compliance with the provisions of article 36 of the Organic Monetary Code...

This March 17, 2022, with six affirmative votes , the Economic Development Commission approved the report for the second debate of the Investment Attraction Law, a project presented by President Guillermo Lasso as urgent economic. The assembly members: Nathalie Arias (CREO),...

The decision of the United States and the United Kingdom to prohibit the purchase of Russian oil, as a sanction against that country for having invaded Ukrainian territory, has led some North American oil companies such as Valero Energy Corp and Marathon Petroleum Corp, together...

In general, non-oil and non-mining exports from Ecuador in January 2022 were positive, products were sold to the world for 1,418 million dollars; that is, 30% more than in January 2021. Although in the total tons shipped there was a drop of 9%, according to data from the...

Banana producers, for the second time this week, returned to the tracks to complain about the situation in their sector. Dozens of producers from that province, from El Oro, Guayas and Cotopaxi once again requested the national government to declare a state of emergency in the...

Guillermo Lasso, president of Ecuador, spoke about the possible export of bananas to China as an alternative to the current situation. “There are some companies that are not playing fair with the producers,” said Lasso, pointing out actions on export licenses....

Banana growers erected barricades with the fruit to block a highway and ask the government to declare an emergency in this sector. The road that connects Guayaquil with El Oro and Loja woke up with traffic cut off due to the protest of small and medium producers. Vehicular...

Every two months, Andrea Ayala brings vitamins from the United States that she takes frequently and takes advantage of to make other purchases, such as some clothing or a toy for her cat. “It is cheaper and there is more variety,” said the nutritionist, who assures that thanks to...