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MercoPress, en Español

Montevideo, November 21st 2024 - 19:30 UTC

Tag: Ecuador

  • Tuesday, May 16th 2023 - 10:39 UTC

    OAS wants Ecuador to offer Lasso a due process

    Lasso is going through a moment of political weakness after losing the Feb. 5 referendum

    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.

  • Friday, May 12th 2023 - 10:16 UTC

    Ecuador and China reach FTA

    The deal “puts Ecuador on the map of Asia,” Prado said

    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.

  • Wednesday, May 10th 2023 - 10:07 UTC

    Ecuador: Congress to move on with President's impeachment trial

    It will be the first time in 44 years of democratic life in Ecuador that a president will face a possible impeachment

    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.

  • Saturday, May 6th 2023 - 11:16 UTC

    Ecuador bonds in debt for nature swap includes promise to upgrade Galapagos Islands conservation

    With Ecuador in severe financial turmoil, the bonds were trading well below face value as investors considered non-repayment to be likely

    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.

  • Thursday, May 4th 2023 - 10:36 UTC

    Ecuador's Armed Forces ordered to carry out immediate operations against terrorism

    Lasso blames drug trafficking for the increase in crime and violence

    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.

  • Wednesday, May 3rd 2023 - 10:22 UTC

    Quito Metro does not run smoothly on first day of commercial service

    Quito Mayor Santiago Guarderas acknowledged that there were some inconveniences

    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.

  • Monday, May 1st 2023 - 09:50 UTC

    Shooting leaves at least 10 dead in Ecuador

    The victims were watching a football game when they were opened fire against

    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.

  • Saturday, April 29th 2023 - 10:39 UTC

    Drug trafficking gangs labeled as “terrorists” by Ecuador's gov't

    Lasso's decision allows for direct military intervention

    Ecuadorian gangs linked to drug trafficking have been likened to “terrorists” by the administration of President Guillermo Lasso in a move to curb the escalating violence, it was reported. The decision was taken after a State and Public Security Council (Cosepe) meeting.

  • Thursday, April 20th 2023 - 10:11 UTC

    Arrest of former Ecuadorian President Lenín Moreno requested

    Moreno travels in a wheelchair and refused to travel from Asunción to Quito citing health issues

    Ecuadorian prosecutors Wednesday requested the pre-trial arrest of former President Lenín Moreno after the latter failed to appear before the courts as mandated in the Sinohydro corruption case, in which he is said to have accepted bribes for the construction of the country's largest hydroelectric plant.

  • Sunday, April 16th 2023 - 11:42 UTC

    Ecuador prison violence: 12 inmates killed in gunfight

    “We are in the worst moment of the violence crisis in the country,” Zapata said

    A new episode of violence has left at least another 12 inmates dead after gunfights at the Guayaquil El Litoral jailhouse, it was reported Saturday. It was the second massacre within the same week at that infamous prison involving rival gangs clashing over drug trafficking territorial control.