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Results for “March 2026”Clear
Primicias reports that Petroecuador produced 356,867 barrels per day in April 2026, down 17,733 barrels per day from April 2025. The shortfall came while Ecuador's crude prices stayed well above the state budget assumption.
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.
Average salary expectations have dropped 2.66% this quarter to $818, while the basic food basket costs $829. Here's what the gap means for Ecuador's economy and the expat cost-of-living picture.
Ecuador's tariff on Colombian goods jumps from 50% to 100% on May 1, effectively shutting down $2 billion in annual trade. Truck traffic at Rumichaca has already dropped to 30-40% of normal. Sugar, medical supplies, and medications are all on the list.
Ecuador's EMBI country risk indicator closed at 409 points on April 17 — the lowest level since October 2014. The reading reflects higher oil prices, an IMF $400M disbursement, and a growth forecast upgraded from 1.8% to 2.5% for 2026. Here's what it means for cost of living and investment.
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.
President Noboa signed Decreto 353 on April 2, declaring a 60-day state of exception across nine provinces and four cantons. Warrantless searches are now legal in affected areas, though no curfew has been imposed. Expats in Pichincha, Guayas, Manabi, and other covered provinces should understand what rights have been suspended.
Ecuador's Interior Ministry reports a 28% decline in homicides for March 2026, alongside 4,300 arrests and 2,200 warrants executed. The numbers represent real progress, but the baseline is staggering: 2025 saw 9,216 homicides, making Ecuador one of the deadliest countries in Latin America.
The UAE and Ecuador signed a Comprehensive Economic Partnership Agreement (CEPA) during the Crown Prince of Abu Dhabi's visit, unlocking over $3 billion in investment across clean energy, digital infrastructure, mining, logistics, and agriculture. Ecuador becomes the fourth Latin American country with a UAE trade deal.
U.S.-Ecuador joint military operations under Operation Southern Spear have drawn international scrutiny after an NYT investigation revealed a promoted 'drug camp' strike actually hit a dairy farm. The UN Committee on Enforced Disappearances has raised concerns about military abuses under repeated states of emergency.
Colombia has indefinitely suspended electricity exports to Ecuador as part of an escalating trade war. Ecuador normally imports 8-10% of daily demand from Colombia, and replacing that power with costlier generation is running approximately $2 million per day.
A New York Times investigation found that a joint U.S.-Ecuador military strike in early March, promoted by Defense Secretary Pete Hegseth as destroying a drug trafficking camp, actually destroyed a cattle and dairy farm in San Martin. Workers reported beatings, choking, and electrical shocks by soldiers.
