Ecuador's National Electoral Council (CNE) President Diana Atamaint Thursday said the snap elections could be held on Aug. 20 with a possible runoff on Oct. 15, it was reported in Quito.
Ecuadorian President Guillermo Lasso has dissolved his country's Parliament -which was trying to impeach him out of office- and called for early elections by resorting to a procedure outlined in the Constitution, it was reported in Quito. In the meantime, Lassso will run the country through Constitutional Court monitored decrees.
Ecuadorian President Guillermo Lasso Tuesday insisted during his appearance before the National Assembly that his impeachment for alleged embezzlement was groundless and that opposition lawmakers “have created a fictitious situation that does not solve the problems of the people or of anyone.”
As Ecuador's Parliament prepares to cross-examine President Guillermo Lasso Tuesday during his impeachment trial, the Organization of American States (OAS) Monday called for all guarantees of due process to be offered to the head of state.
Ecuador and China signed a free trade agreement (FTA) whereby the South American country will have access to a market of 1.4 billion people, it was reported in Quito on Wednesday. It was the second such pact signed under the administration of President Guillermo Lasso, following the one reached with Costa Rica.
Ecuador's President Guillermo Lasso might be removed from office after the National Assembly approved Tuesday by 88 votes in favor of a motion to call for his impeachment for the alleged crime of misappropriation of public funds, it was reported in Quito.
In a debt for nature swap, Credit Suisse has announced buying Ecuadorian bonds worth US$1.6 billion. With Ecuador in severe financial turmoil, the bonds were trading well below face value as investors considered non-repayment to be likely. Effectively, Ecuador has now bought its own debt back at a knock-down price via a fresh loan from Credit Suisse.
Ecuadorian President Guillermo Lasso Wednesday issued an executive decree ordering the Armed Forces to carry out immediate operations nationwide to confront and counteract terrorist individuals and organizations, it was announced.
Ecuadoreans stood in long lines Tuesday to buy tickets for the first day of commercial services by Quito's new underground railway system, it was reported. The Quito Metro had been performing free-of-charge test rides for the past four months.
According to the Office of Ecuador's Attorney General, at least ten people were killed and two others were injured in an attack on Saturday evening in Guayaquil.