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The Ministry of Energy announced today, October 1, 2019, that the country decided to cease belonging to the Organization of Petroleum Exporting Countries (OPEC) since January 1, 2020. The decision lies in the internal issues and challenges that the country must assume, related to...

The stability of Peru, which has led to sustained economic growth over two decades, must be read beyond macroeconomic figures and its position in the global agribusiness. You have to see it for the expansion of its companies, many of them from Latin America. In the third quarter...

Ecuador’s economy, which faces problems that have led to foreign debt, grew by 0.3% in the second quarter of 2019 compared to the same period of 2018, the Central Bank (ECB) reported. “Regarding the first quarter of this year, the growth was 0.4%. With these results, the...

The Inter-American Development Bank (IDB) seeks to collect information from the banana countries of the region that helps them understand the level of risk and consequence, in case the Fusarium fungus race 4 gets to expand. Its presence, so far, has only been confirmed in...

Ecuador and Argentina are the two most vulnerable countries in Latin America if the trade war between China and the United States is complicated, according to a study by Citi Research, published this month. The analysis starts from 0 to 100% and both countries are placed in 100%...

The Government placed this September 24, $ 2 billion in sovereign bonds in international markets. Of the total amount, $ 600 million will expire in five years maintaining an interest rate of 7.88%; and $ 1.4 billion will stay for ten years with a rate of 9.50%. According to the...

The Quito and Guayaquil Business Associations made public their rejection of the penalty of the support prices of agroindustrial products, in the Integral Criminal Code (COIP). They said this measure has not generated any favorable results for the country’s economy. On the...

Lenín Moreno agreed for a new mobile network company to be established in Ecuador: Virgin Mobile. A meeting was held yesterday with English businessman Richard Branson. The announcement was made in networks by the Minister of Telecommunications, Andrés Michelena, who said that...

After 11 years of negotiations with its counterpart in the United States, the Phytosanitary and Phytosanitary Regulation and Control Agency, it was able to define the phytosanitary requirements for the access of a fresh fruit, known as “Uvilla”. Agrocalidad and APHIS...

In Ecuador, 1.4 million liters of whey were wasted daily during the term of the moratorium decreed by the Government last April. This serum has been, in most of its volume, thrown into ditches, rivers and streams, causing one of the strongest pollutions in recent years in the...