Ecuador’s Noboa wins VAT hike as legislators hit impasse
By Alexandra Valencia QUITO (Reuters) – Ecuadorean President Daniel Noboa snatched a legislative victory on Friday after his bid to raise value added tax (VAT) was able to proceed as lawmakers hit…
Fitch downgrades Ecuador’s foreign currency rating deeper into junk
(Reuters) – Global ratings agency Fitch downgraded Ecuador deeper into junk territory on Wednesday, citing financing risks arising from a significant deterioration in fiscal accounts as the country heads to polls. Ecuador’s…
Nearly a sixth of Ecuador’s prisoners held without sentence -census
QUITO (Reuters) – Nearly a sixth of the inmates in Ecuador’s prisons have not been sentenced, a national census showed on Monday, as President Guillermo Lasso urged the judicial system to be…
Ecuador’s Lasso seeks ‘national agreement’ in August elections
QUITO (Reuters) – Ecuador’s President Guillermo Lasso on Wednesday described coming early elections as an opportunity to unite the country as it grapples with gang violence and political instability after Lasso dissolved…
Declassified documents do not mention Ecuador’s Lasso -regulator
By Alexandra Valencia QUITO (Reuters) – Ecuador President Guillermo Lasso and his family members do not appear in declassified documents released by the country’s companies regulator, the agency said on Wednesday, referring…
Ecuador’s trade agreement with China is ‘practically closed,’ says Lasso
GUAYAQUIL, Ecuador (Reuters) – Ecuadorian President Guillermo Lasso said on Wednesday that the country is on the verge of closing a free trade agreement with China, a deal that would increase exports…
Ecuador’s slimmer budget blueprint for next year shrinks deficit
QUITO (Reuters) – Ecuador’s government predicts its budget deficit will narrow to$2.63 billion next year as it benefits from more economic growth and oil production, according to a draft spending blueprint announced…
Ecuador’s debt payments not affected by Luxembourg asset freeze – government says
By Alexandra Valencia QUITO – Ecuador’s capacity to meet its external debt obligations has not been affected by a Luxembourg court’s decision to freeze the country’s assets amid a dispute with oil…
Ecuador’s president expects oil prices to cut its fiscal deficit
By Alexandra Valencia QUITO – Ecuador could reduce this year’s fiscal deficit more than it predicted, if crude prices remain high and it is able to sell a state-owned bank, President Guillermo…
U.S. bars Ecuador’s ex-president over alleged corruption -statement
WASHINGTON – The United States has barred former Ecuadorean President Abdala Bucaram from entering the country, citing his alleged involvement in corruption, including accepting bribes and stealing public funds, the State Department…
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