Latest
United States v. Nilsen Arias Sandoval
By N. H. Gill(Oct. 25, 2022) — On Oct. 25, 2022, the U.S. Department of Justice unsealed a criminal indictment against Nilsen Arias Sandoval, a high-ranking official at Ecuador’s state-owned oil company, Petroecuador, for taking part in a widespread bribery and money laundering scheme during the administration of ex-Pres. Rafael Correa. Sandoval allegedly “accepted and…
Guillermo Lasso Wins Ecuador Election Defeating Correa Protégé in Presidential Vote
Ecuadorian voters elected Guillermo Lasso, a 65-year-old former chief executive officer of Banco de Guayaquil SA, as the next president of the South American nation.
Political Landslides: Water and the Environment in Ecuador’s Presidential Elections
On February 12, a wall of rocks and mud buried Chanchán, a small community in the Andean province of Chimborazo in central Ecuador
Reserva Ecológica Antisana
The Reserva Ecológica Antisana, located in the Andean cordillera southeast of Quito, is one of the few remaining areas in the Ecuadorian highlands where relatively large populations of endemic plants and animals continue to thrive.
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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
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
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…
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…
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Political News
IMF Approves $2 Billion Loan for Ecuador to Shore up Economy
The International Monetary Fund approved $2 billion to help Ecuador “restore macroeconomic stability and pursue the unfinished structural agenda”
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…
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.
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…
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Economic News
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.
Economic News
Dispatch from Quito: Coronavirus and La Cuarentena in Ecuador
I’ve watched the coronavirus crisis unfold from a quiet street in the suburbs of Quito
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…
Bailout Risk Grows for Ecuador After Worst Earthquake in Decades
By Nathan GillApril 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 rehouse…
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Latin American Markets
Latin America Oil Producers Call for Action to Improve Prices
Oil-producing countries must take the necessary steps to stabilize the global crude market in a bid to improve prices, Ecuador Foreign Minister
Andean News
Quitoloma: Commanding Sites in Forgotten Places
Quitoloma is an Incan fortress on a hill above El Quinche, east of Quito. The site was part of what is known as the Pambamarca fortress complex, thought to be the largest pre-Colombian military site in the Americas.
Lenín Moreno Wins Ecuador Election with Correa Support
By N. H. GillOn April 2, 2017, Lenín Boltaire Moreno Garcés, a popular former vice-president, won Ecuador’s presidential elections with 51 percent of the vote, defeating Guillermo Lasso, an executive of the nation’s second-largest bank. Outgoing President Rafael Correa, in power since 2007, supported Moreno in an election campaign marred by irregularities.
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…
77-Year-Old Wall Street Favorite to Face Fujimori in Peru Runoff
By Nathan Gill and John QuigleyApril 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 years championing…
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Southern Affairs 