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The aftermath of the COVID-19 crisis will take years to disappear if the countries of Latin America and the Caribbean do not take immediate measures to promote a lackluster process of recovery from the pandemic, with poverty at its highest level in decades, he said. October 6,...

The Central Bank of Ecuador (BCE) published on October 4, 2021, the results of the remittances of Ecuadorian migrants abroad, corresponding to the first semester of 2021.  According to the ECB, the flow of remittances that entered the country amounted to $ 2,008.68 million, 3.58%...

Although there was no official round of negotiations, the tables were full. Two years after the last appointment, 45 Ecuadorian fruit exporting companies personally contacted their clients in the European market again. The meeting takes place at the Fruit Attraction 202...

A local farmer can sell a pound of coffee for about $ 1. From that same pound, several cups of coffee can come out, which can cost up to more than $ 4 in Europe. “If European politicians and consumers want to eradicate poverty, every time they drink a cup of coffee, they should...

Until August of this year, banana exports continued to show a sustained decrease. According to figures from the Ecuadorian Banana Exporters Association (AEBE), 13.8 million fewer boxes were exported until that month, representing a 5% drop. A report released yesterday indicates...

The president of Ecuador, Guillermo Lasso, spoke at the stroke of midnight on his investments in trusts revealed in the leaks of the Pandora Papers, documents obtained by the International Consortium of Investigative Journalists (ICIJ). According to the revelations published by...

The Minister of Economy and Finance, Simón Cueva, reported that within the financial program with the International Monetary Fund (IMF), approved on Wednesday by the Executive Board of the multilateral, an adjustment of at least 4.5% of the product has been foreseen gross...

Agroindustrias Dajahu , with a turnover in 2020 of more than 57 million dollars, sold its rice line to the Brazilian company Camil Alimentos. This sale includes two plants (rice processing and grain storage) plus the land acquired for future raw material collection centers....

The Central Bank of Ecuador reported that Ecuador registered a year-on-year growth of 8.4% in the second quarter of this 2021. This increase in the national economy is compared to the same period in 2020. According to the institution, the economic reactivation is the main cause...

Ecuador continues to rise with respect to the number of non-bank correspondents (CNB) per number of inhabitants. As of March 2021, it reached 200, which represents an increase of 23.5% when compared to March 2020, when 162 CNB were registered for every 100,000 inhabitants. The...