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Ecuador's monthly fuel price adjustment on April 12 could push low-octane gasoline past the $3/gallon mark for the first time in history. Extra and Ecopaís currently sit at $2.89/gallon; with the 5% monthly cap, they could reach $3.03. Diesel may hit $2.96. The driver: global oil price spikes from the Strait of Hormuz disruption.
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 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.
Ecuador's Semana Santa holiday generated an estimated 800,000 domestic trips and $70 million in economic activity. Manta led all destinations with 158,000 visitors and 80% hotel occupancy, while Amazon lodges hit 90%. A temporary VAT cut to 8% for tourism services sweetened the deal.
Quito's Mariscal Sucre International Airport will close its runway for 12 hours on Saturday, April 11 for preventive maintenance. All flights between 2:00 AM and 2:00 PM will be affected. Airlines are rebooking, but travelers should confirm their itineraries now.
Ecuador's state electricity company CELEC has filed a lawsuit in US federal court alleging that Progen, a private contractor, delivered refurbished and non-functional emergency generators under $149 million in contracts while draining the project's bank account to zero. The fraud is directly linked to the 2024 blackout crisis.
Ecuador's National Assembly passed a new mining and energy law 77-70 on February 26, replacing environmental licenses with simplified authorizations and allowing rock extraction in the Galapagos Islands. CONAIE and environmental groups are protesting the changes as a rollback of decades of conservation policy.
A Trans Esmeraldas interprovincial bus overturned on the E20 highway during Semana Santa travel, injuring more than 20 passengers. A separate crash in Colta killed 2. The incidents underscore the persistent dangers of Ecuador's highway system during peak holiday travel periods.
Pope Leo XIV delivered his first Easter message from the Vatican, calling on the world to reject indifference to violence and suffering. For Ecuador's deeply Catholic population, the new Pope's words carry particular weight during a Semana Santa marked by ongoing security challenges.
Barcelona SC opens its Copa Libertadores Group D campaign against Brazilian side Cruzeiro at the Estadio Monumental on Tuesday. BSC enters on a high after a 2-0 win over Liga de Quito, while Cruzeiro is struggling. The match carries significant economic implications for Guayaquil.
Mazar, the critical reservoir feeding Ecuador's largest hydroelectric complex, has fallen to just 22 meters above its operational minimum. With the dry season outlook uncertain, the specter of the 2024 blackouts -- when Ecuadorians lived through 14-hour daily power cuts -- is back on the table.
Ecuador's monthly fuel price adjustment takes effect April 12, raising prices on low-octane gasoline (Extra and Ecopais) and diesel. Super gasoline stays the same. The change pushes up transport costs and adds inflationary pressure to groceries and services.