News & Opinion


Latest

Loading…

Something went wrong. Please refresh the page and/or try again.



Environmental News

Minería: del dicho al hecho

(Published originally in Mediato) La mina de oro y plata Río Blanco, atacada y quemada este mes por manifestantes de la comunidad, es emblemática en la industria minera ecuatoriana por todas las razones equivocadas. Haciendo caso omiso a la resistencia de las comunidades locales, del Municipio de Cuenca y de la provincia del Azuay, el gobierno… Read More Minería: del dicho al hecho

Loading…

Something went wrong. Please refresh the page and/or try again.


Political News

The Tablet of Disgrace

“esta es una placa de la ignominia, esta es una placa en donde consta y queda constancia para las futuras generaciones que los más altos personeros de un país cometieron un delito: recibieron coimas y con esas coimas se beneficiaron personalmente o pretendieron perennizar a su movimiento político en este país.”… Read More The Tablet of Disgrace

Loading…

Something went wrong. Please refresh the page and/or try again.


Economic News

Economic News

Greetings From Gringolandia

Bloomberg Businessweek, March 28 — April 3, 2016 Susan Lamy and her husband, Jean Pierre, owned a successful interior design business in Westport, Conn., but they still worried about how they would make ends meet in retirement. “Just paying for the basic necessities was killing us, and we could see that there was no way… Read More Greetings From Gringolandia

Bailout Risk Grows for Ecuador After Worst Earthquake in Decades

By Nathan Gill April 19, 2016 (Bloomberg) — Before a 7.8-magnitude earthquake struck Ecuador on Saturday, the South American nation’s finances were already in tatters as the government struggled to meet payments to municipal authorities, oil companies and even cancer hospitals. Cut off from global bond markets, President Rafael Correa must now find enough money to… Read More Bailout Risk Grows for Ecuador After Worst Earthquake in Decades

Loading…

Something went wrong. Please refresh the page and/or try again.


Latin American Markets

Venezuela Bonds Trapped by Oil’s New Normal as Relief Rally Ends

By Nathan Gill (Bloomberg) — This year’s climb in crude prices, however slight, brought relief to Venezuelan and Ecuadorean bondholders after last year’s crash decimated the oil producers’ revenue and prompted concern they were running short of cash. Now, the pessimism is back. While New York oil futures have surged 36 percent from a six-year… Read More Venezuela Bonds Trapped by Oil’s New Normal as Relief Rally Ends

Ecuador Cocoa Forecast Cut to 230,000 Tons After Rains Hit Crops

By Nathan Gill (Bloomberg) — Ecuador, the world’s biggest grower of flavored beans used in fine chocolate, will probably lose about 15 percent of this year’s cocoa crop after heavy rains hurt farms in the Andean nation’s coastal region, the National Cocoa Exporters Association said. Anecacao, as the association is known, reduced its 2015 forecast… Read More Ecuador Cocoa Forecast Cut to 230,000 Tons After Rains Hit Crops

Loading…

Something went wrong. Please refresh the page and/or try again.


Andean News

Ecuador Quake Death Toll Rises as World Leaders Offer Support

By Benjamin Bain and Nathan Gill April 16, 2016 (Bloomberg) — World leaders from the Vatican to Washington offered support to Ecuador as casualties mounted following one of the strongest earthquakes to strike the South American country in decades. By Sunday evening, the number of dead had climbed to at least 246, from 77 earlier… Read More Ecuador Quake Death Toll Rises as World Leaders Offer Support

77-Year-Old Wall Street Favorite to Face Fujimori in Peru Runoff

By Nathan Gill and John Quigley April 12, 2016 (Bloomberg) — The victory by Pedro Pablo Kuczynski, a former finance minister, for second place in Sunday’s Peruvian president elections sets up a showdown between two business-friendly candidates, part of a regional backlash against left-wing politicians. Kuczynski, a 77-year-old Oxford-trained political economist who’s spent more than 50… Read More 77-Year-Old Wall Street Favorite to Face Fujimori in Peru Runoff

Everything Is Going Wrong in Ecuador

By Nathan Gill August 24, 2015 (Bloomberg) — As emerging markets come unhinged around the world, few nations face tougher challenges than Ecuador, a dollarized oil producer in El Nino’s path, where street protests are flaring up alongside one of the planet’s most dangerous volcanoes. “Sometimes it makes you want to laugh,” said Jose Hidalgo, director… Read More Everything Is Going Wrong in Ecuador

Loading…

Something went wrong. Please refresh the page and/or try again.