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News from Ecuador, for the world

EE
politics

Ecuador-UAE Investment Treaty Blocked by Constitutional Court — Must Go Through Congress

Ecuador's Constitutional Court ruled unanimously (9-0) that President Noboa cannot fast-track the bilateral investment treaty with the UAE. The ISDS provisions trigger constitutional review, and the treaty must be approved by the National Assembly. Investors tracking the UAE corridor should expect delays.

Chip MorenoChip Moreno·April 9, 2026
EE
economy

Oil Whiplash: WTI Crashes to $95, Rebounds to $101 in 24 Hours

WTI crude oil tumbled more than 15% to $95/barrel on April 8 after Trump postponed his Iran infrastructure strike threat, then rebounded 7.3% to $101.28 on April 9. For Ecuador — both an oil exporter and a country where consumers pay market fuel prices — this volatility cuts both ways.

Chip MorenoChip Moreno·April 9, 2026
EE
economy

Blackout Warning: Energy Expert Says Ecuador Faces Generation Deficit Despite Government Denial

Energy sector expert Marco Acuña warned on April 8 that Ecuador has registered an electrical generation deficit that could trigger power cuts during peak hours. The government disagrees, but Colombia's energy cutoff and Coca Codo Sinclair's chronic underperformance create real vulnerability.

Chip MorenoChip Moreno·April 9, 2026
EE
economy

Ecuador Construction Boom: Sales Up 20.5%, $6.5 Billion in Purchase Promises

President Noboa has declared 2026 'the year of construction,' with sector sales up 20.5%, real estate transactions up 17.8%, and $6.5 billion in purchase-sale promises on the books through 2028. Government incentives include preferential mortgages, IVA refunds for builders, and a new social housing law.

Chip MorenoChip Moreno·April 9, 2026
EE
politics

Noboa Opens Door to US Military Troops in Ecuador — 'Under Our Armed Forces' Leadership'

President Noboa said Ecuador would welcome US military troops to fight organized crime, provided they operate under Ecuadorian Armed Forces command. Joint operations are already underway, including Pacific naval exercises with the USS Nimitz and a border strike against Comandos de la Frontera.

Chip MorenoChip Moreno·April 9, 2026
EE
lifestyle

Ecuador's Education Ministry Opens 2,000+ Teaching Positions — Applications Online Now

The Ministry of Education has opened more than 2,000 teaching vacancies across Ecuador with applications running exclusively online through the official portal. For expats with teaching credentials or interest in Ecuador's education system, this is a rare window into public sector employment.

Chip MorenoChip Moreno·April 7, 2026
EE
politics

Ecuador Rejects 'Political Prisoners' Narrative — Jorge Glas Remains Behind Bars

After Colombia's President Petro asked Noboa to release former Vice President Jorge Glas during a meeting in the Galápagos, Ecuador's government pushed back hard — rejecting the 'political prisoners' framing and affirming that Glas is detained for corruption, not politics.

Chip MorenoChip Moreno·April 7, 2026
EE
economy

National Hotel Occupancy Hits 40.3% — Steady Tourism Recovery But Still Below Pre-Pandemic Peaks

Ecuador's national hotel occupancy reached 40.3% in the most recent reporting period, up 3.6 percentage points year-over-year. The recovery is real but modest — pre-pandemic occupancy averaged 50-55% nationally. Coastal and Galápagos properties are leading the rebound.

Chip MorenoChip Moreno·April 7, 2026
EE
economy

Oil Breaks $100/Barrel — Good for Ecuador's Budget, Bad for Your Gas Tank

WTI crude surged past $100/barrel in early April, driven by the Middle East conflict and Strait of Hormuz disruption. For Ecuador, it's a double-edged sword: oil exports bring in more revenue, but the fuel band system passes the pain directly to consumers at the pump.

Chip MorenoChip Moreno·April 7, 2026
EE
economy

Ecuador to Accept Coca Codo Sinclair by April 17 — Despite 7,600 Unfixed Fissures

Ecuador will formally accept its largest hydroelectric plant from Chinese builder Sinohydro by April 17, despite more than 7,600 documented fissures in critical equipment that the Comptroller ordered repaired. The settlement releases approximately $200 million in guarantees back to Sinohydro. The plant currently operates at less than half its 1,500 MW capacity.

Chip MorenoChip Moreno·April 7, 2026
EE
culture

Bienal Internacional de Artesanía Opens in Four Cities Across Ecuador This Week

Ecuador's International Artisan Biennial has activated across four host cities, showcasing traditional and contemporary craftsmanship. The event coincides with Cuenca's Foundation Week and features exhibitions, live demonstrations, and direct-purchase opportunities from artisans.

Chip MorenoChip Moreno·April 7, 2026
EE
lifestyle

Andrés Cepeda Live in Ecuador: Guayaquil April 9, Quito April 10

Colombian singer-songwriter Andrés Cepeda brings his 'Nuestra Vida en Canciones' tour to Ecuador this week with back-to-back shows: Guayaquil on Wednesday April 9 at the Coliseo Voltaire Paladines Polo, and Quito on Thursday April 10 at the Coliseo General Rumiñahui.

Chip MorenoChip Moreno·April 7, 2026