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News from Ecuador, for the world

Coca Codo Damage Keeps Ecuador's Power System Risk on the Radar
economy

Coca Codo Damage Keeps Ecuador's Power System Risk on the Radar

Celec says high river flows, sediment and rocky material damaged part of the Coca Codo Sinclair area after more than 20 continuous hours of pressure from the Coca River. El Comercio reports the national electric system remains guaranteed, but the episode shows why Amazon river conditions still matter for electricity users across Ecuador.

Chip MorenoChip Moreno·May 22, 2026
SECAP Opens 30,000 Free Virtual Training Spots Across Ecuador
economy

SECAP Opens 30,000 Free Virtual Training Spots Across Ecuador

SECAP has opened 30,000 free virtual course spots through the Compromiso por el Empleo program. Courses run 60 to 90 hours and cover areas like e-commerce, web programming, gastronomy, computer maintenance, basic electricity and auto mechanics.

Chip MorenoChip Moreno·May 20, 2026
Ecuador's 2026 Curfews Hit an Estimated 120,000 Businesses, Expreso Reports
economy

Ecuador's 2026 Curfews Hit an Estimated 120,000 Businesses, Expreso Reports

Expreso reports that Ecuador's 2026 curfews have accumulated 30 days of restrictions and affected at least 120,000 businesses. One economist estimated losses between USD 16 million and USD 32 million, with the hardest hit in nightlife, restaurants, logistics and small businesses.

Chip MorenoChip Moreno·May 20, 2026
Ecuador's April Inflation Hit 0.53% — Transport Led It, and the Colombia Tariff War Is Now at 100%
economy

Ecuador's April Inflation Hit 0.53% — Transport Led It, and the Colombia Tariff War Is Now at 100%

Monthly inflation reached 0.53% in April 2026, driven mainly by transport costs, with annual inflation at 2.6%. Meanwhile Ecuador's tariff on Colombian goods escalated to 100% on May 1. What it means for anyone living here on a fixed or foreign income.

Chip MorenoChip Moreno·May 18, 2026
Ecuador to Cut Tariffs on Argentine-Made Cars from 16.1% to 10% — Hilux, Toyota SUV, Ranger Affected
economy

Ecuador to Cut Tariffs on Argentine-Made Cars from 16.1% to 10% — Hilux, Toyota SUV, Ranger Affected

An addendum to the AC59 trade agreement will lower the import tariff on cars made in Argentina from 16.1% to 10%. Industry expects the deal signed in the second half of June. The Toyota Hilux, a Toyota SUV, and the Ford Ranger are the models in play.

Chip MorenoChip Moreno·May 15, 2026
Ecuador Extends Bus Subsidy to June 15 — Pressure for Fare Hikes Builds Across Cities
economy

Ecuador Extends Bus Subsidy to June 15 — Pressure for Fare Hikes Builds Across Cities

Decreto Ejecutivo 378 extends national transport compensation through June 15, delaying a politically painful fare increase. Loja has already raised fares to $0.36; Cuenca, Quito, Guayaquil and Ambato all see different responses.

Chip MorenoChip Moreno·May 14, 2026
New Fuel Prices Are Live: Diesel Breaks $3, Shortages Confirmed, Refinery Restart Set for Thursday
economy

New Fuel Prices Are Live: Diesel Breaks $3, Shortages Confirmed, Refinery Restart Set for Thursday

The May 12 price adjustment is official — diesel crossed $3/gallon for the first time, stations in Quito and Guayaquil are running dry, and Ecuador is importing 65% of its fuel. The refinery FCC unit restarts May 15.

Chip MorenoChip Moreno·May 12, 2026
Ecuador Returns to International Bond Markets After 7 Years — Investors Offered 7x What Was Available
economy

Ecuador Returns to International Bond Markets After 7 Years — Investors Offered 7x What Was Available

The May 6 placement of $1 billion in bonds drew $7 billion in demand from 200 international investors. Country risk is at its lowest since 2014. Here's what it means for the economy.

Chip MorenoChip Moreno·May 11, 2026
Gas Stations Are Running Dry Ahead of Tomorrow's Fuel Price Change — Here's What's Happening
economy

Gas Stations Are Running Dry Ahead of Tomorrow's Fuel Price Change — Here's What's Happening

Drivers in Guayaquil and Quito report stations hiding Extra gasoline before the May 12 price adjustment. Terminal dispatches are down 33%. Fill up now if you can.

Chip MorenoChip Moreno·May 11, 2026
Mexico's Cancún Airport Group Just Gained Control of Quito's International Airport
economyquito

Mexico's Cancún Airport Group Just Gained Control of Quito's International Airport

Aeropuerto de Cancún acquired the Brazilian partner's stake in Quiport, gaining indirect control of Mariscal Sucre. Ecuador's competition regulator approved the deal.

Chip MorenoChip Moreno·May 11, 2026
CAN Issues 10-Day Ultimatum to End Ecuador-Colombia Tariff War — Industry Says It Won't Be Enough
economy

CAN Issues 10-Day Ultimatum to End Ecuador-Colombia Tariff War — Industry Says It Won't Be Enough

Resolution 2582 declares both countries' tariffs incompatible with the Cartagena Agreement. But with rates still at 75%, business leaders on both sides say trade remains frozen.

Chip MorenoChip Moreno·May 8, 2026
41% of Companies in Quito and Guayaquil Can't Find Workers — BID Study Reveals Ecuador's Skills Gap
economy

41% of Companies in Quito and Guayaquil Can't Find Workers — BID Study Reveals Ecuador's Skills Gap

A survey of 2,570 companies found that nearly half can't fill open positions. The biggest barriers: lack of experience, weak digital skills, and wages that don't compete.

Chip MorenoChip Moreno·May 8, 2026