Daily coverage from across the country, written for the expat community
Results for “Peru”Clear
The militarization of Puerto Bolívar has surfaced the human cost: at least 300 families forcibly displaced, criminal group Los Lobos occupying up to 500 homes, and the terminal tied to 10.8 tons — 11.24% — of drugs seized nationally. Over 1,000 troops are searching 1,642 homes.
Armed forces, police, and intelligence services deployed to Puerto Bolívar in El Oro province for a major operation against criminal structures controlling the port. Defense Minister Loffredo says groups are using the port to ship drugs and extort fishermen.
The math: 30 years of contributions at minimum wage gets you $361/month. Forty years gets you the full $482. IESS uses your five best earning years, not your last salary. Here's the complete breakdown.
The government handed over 230 new patrol vehicles in Machala this week, bringing the 2026 total to 420. The $21.3 million purchase was funded by private-sector contributions under Ecuador's security law.
Ecuador is investing USD 3 million in a new 24,000 m² Naval Station at Posorja, deploying coast guard, marine infantry, and naval aviation across the approaches to Guayaquil's export ports. Operational by 2027, possibly late 2026.
Bilateral trade between Ecuador and Colombia fell 44% year-over-year in February 2026, the first month of the tariff war — to just $124.9 million. Ecuadorian imports from Colombia dropped 66%. Exports fell 20%. Pharma imports collapsed 34%, industrial chemicals 48%, and Rumichaca's transport hub has ground to a halt.
New numbers from Colombia's DIAN show Colombian exports to Ecuador fell 27% in January–February 2026 as Ecuador's security-tariff regime ramped up. Between February and March, the fall steepened to 57%. Ecuador's tariff escalates again on May 1 — from 50% to 100%. Here's the picture and what it means for consumer prices.
Ecuador's April 9 imposition of a 100% tariff on Colombian products — targeting $2 billion in annual bilateral trade — has triggered the deepest institutional crisis the Comunidad Andina has faced in its 57-year existence. Former Colombian president Álvaro Uribe publicly warned Ipiales is "in ruin."
The IMF raised its 2026 GDP growth projection for Ecuador from 2% to 2.5% in the latest World Economic Outlook, presented at the Washington spring meetings. That puts Ecuador above the 2.3% South American average. For context, Ecuador posted 3.7% growth in 2025.
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.
The United States and Ecuador have finalized a reciprocal trade agreement that eliminates a 15% surcharge on $2.8 billion in non-oil Ecuadorian exports and opens Ecuador's agricultural market to US soybeans, dairy, beef, and poultry. Most-favored-nation treatment takes effect by August 2026.
Ecuador has slapped 50% tariffs on Colombian imports, threatened to cut electricity sales, and hiked pipeline transit fees by 900%. With $2.8 billion in bilateral trade at risk, Colombian products are getting more expensive and de-escalation talks are just beginning.
