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Informal moneylenders continue to charge usurious interest rates in Loja’s market economy despite government programs offering subsidized microloans — a problem that traps local vendors in debt cycles and affects the cost of goods for everyone, expats included.
President Daniel Noboa will join five other Latin American leaders at a Trump-hosted summit in Miami on March 7, forming a regional bloc focused on countering China’s influence, boosting security cooperation, and expanding trade — with Ecuador’s new US deal as the centerpiece.
Coffee grown in Quito's UNESCO-designated Chocó Andino Biosphere Reserve is gaining international recognition and finding growing markets in Europe, adding another dimension to Ecuador's agricultural export story.
The International Institute of Gastronomy, Culture, Arts, and Tourism has awarded Ecuador's Manabí province the title of World Region of Gastronomy 2026 — the first in Latin America — recognizing its peanut-based culinary traditions, ceviches, and sustainable food culture.
The original 18-karat gold FIFA World Cup Trophy is on display at Quorum del Paseo San Francisco in Cumbayá from 2:30 PM to 9:00 PM today — the fourth time the trophy has visited Ecuador. With La Tri set to face Germany at MetLife Stadium this summer, World Cup fever is running high.
Reigning Miss Universe Fátima Bosch became faint on her float during the main parade at Ambato's 75th annual Fiesta de la Fruta y de las Flores on February 15. Whether caused by altitude sickness or exhaustion, the episode is a vivid reminder that Ecuador's highland elevations demand respect.
President Noboa announced Friday that the national government will operate from Guayaquil for several weeks, with the National Police high command relocating as well. The move comes two days after the arrest of Guayaquil’s mayor and amid record violence that made Ecuador the world’s most dangerous country in 2025.
Ecuador’s annual inflation rate hit a 20-month high in January 2026, driven almost entirely by a 20.79% spike in housing and utility costs after the government ended electricity and diesel subsidies. Food prices are rising too — plantains have roughly doubled, and the basic family basket now costs $822 a month.
An international arbitral tribunal adjusted Ecuador's compensation obligation to Chevron downward by $5.7 million, landing at $215 million. The decades-old Amazon environmental dispute continues to drain government coffers in a tight fiscal year.
During President Noboa's visit to the UAE, Petroecuador and Abu Dhabi National Oil Company signed a memorandum of understanding for direct crude oil trade and refined product imports — cutting out intermediary traders.
The U.S. dollar has lost ground against major currencies, creating a mixed bag for Ecuador's dollarized economy: exports become more competitive and tourism gets a boost, but import costs rise — and you'll feel it at the supermarket.
Fedexpor reports Ecuador’s non-petroleum, non-mining exports grew 16% to $25.2 billion in 2025. Shrimp led at $8.4 billion (+20%), cocoa surged 29% to $4.7 billion, and U.S.-bound exports jumped 30%. It’s the strongest diversification signal yet for the dollarized economy.