Recent articles
Flattening the Curve: Ecuador and Brazil Pull Ahead in August
Ecuador virus cases plunged 37% in August, the most in South America after Brazil (40%), according to the WHO. In comparison, neighbors Colombia and Peru saw cases jump by 8% and 67%, respectively, in the same time period.… Read More Flattening the Curve: Ecuador and Brazil Pull Ahead in August
Ecuador Credit Talks Silent on Debts to History
Ecuador won approval to restructure about a third of its international bonds this week, alleviating part of the fiscal hangover from the Correa administration’s ruinous decade in power.… Read More Ecuador Credit Talks Silent on Debts to History
Spotting Trends: ‘Bad Hombres’ in the News
Max Fisher, an international reporter and columnist for The New York Times, kicked off a debate last month about the “Latin Americanization” of the U.S. being the “defining trend of our time, arguably even more than right-wing populism.”… Read More Spotting Trends: ‘Bad Hombres’ in the News
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Environmental News
Ecuador Landslide Deepens Virus Crisis as Oil Pipelines Severed for Weeks
Landslides severed Ecuador’s two oil pipelines last week, spilling heavy crude into the Coca River in the country’s northeastern Amazon region. Now, amid the ongoing coronavirus crisis, pipeline operators OCP Ecuador and Petroecuador are deploying humanitarian aid to communities downstream and trying to halt the oil before it reaches the Amazon. Emergency teams are also… Read More Ecuador Landslide Deepens Virus Crisis as Oil Pipelines Severed for Weeks
Ecuador’s Splintered Left on Trial with Correa
Ecuadorian ex-President Rafael Correa is on trial again, this time for campaign-finance fraud. Three years after a national referendum forced him from office, Correa is being tried in absentia for his alleged role in a scheme to extort government contractors for campaign contributions during his decade in power. Given the number of former Ecuadorian presidents… Read More Ecuador’s Splintered Left on Trial with Correa
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
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Politics
Correa, China y la Asamblea, afectados por el informe de la deuda
(Published originally in Mediato) El informe borrador –el cual aún no es concluyente– de la Contraloría sobre la deuda pública, presentado el 14 de marzo pasado, es un triunfo estratégico para el presidente Lenín Moreno. No solo permite responsabilizar al expresidente Rafael Correa del despilfarro fiscal, sino que Moreno también puede hacer corresponsable a la… Read More Correa, China y la Asamblea, afectados por el informe de la deuda
Ecuador habló: La minería es peor que Correa
(Published originally in Mediato) El referéndum del 4 de febrero fue significativo. En su nivel más obvio, le dio al presidente Lenín Moreno una sólida victoria política y al expresidente Rafael Correa una derrota asombrosa. Pero más allá de las reacciones en Quito, los votantes en las zonas mineras de la Sierra y el Oriente… Read More Ecuador habló: La minería es peor que Correa
Pope Francis Brings Focus on Poor to South America
By Nathan Gill and John Follain July 5, 2015 (Bloomberg) — Pope Francis arrived in Ecuador Sunday, starting a nine-day visit to South America in which he’s expected to focus on the poor and challenge policies on oil drilling that damage the environment.“In the words of the gospel, we can find the keys that will… Read More Pope Francis Brings Focus on Poor to South America
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Economics
Dispatch from Quito: Coronavirus and La Cuarentena in Ecuador
(This article was originally published by the Institute for the Study of the Americas at The University of North Carolina at Chapel Hill.) I’ve watched the coronavirus crisis unfold from a quiet street in the suburbs of Quito, where I’m living with my family while on a research fellowship in Ecuador. After an early outbreak… Read More Dispatch from Quito: Coronavirus and La Cuarentena in Ecuador
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
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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
Eight Defaults and 180 Years Later, Ecuador to Repay Bondholders
By Nathan GillNovember 18, 2015 (Bloomberg) — Ecuador is poised to do something it’s never done in its more than 180-year history: repay a bond. “What’s positive is that Ecuador has a new chance to honor, for the first time, the payment of its bonds,” said Santiago Mosquera, a former Fitch Ratings analyst who is… Read More Eight Defaults and 180 Years Later, Ecuador to Repay Bondholders
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