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Ecuadorian soldiers stormed a clandestine jungle base in Esmeraldas province at dawn on February 17, capturing the Colombian leader of an Oliver Sinisterra Front cell and ten Ecuadorian members — the same FARC splinter group that kidnapped and murdered El Comercio journalists in 2018.
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.
Manabí province’s two largest cities generated $20.5 million in tourism revenue during the four-day Carnival holiday, with Manta recording 90% hotel occupancy and the Mariana Fest alone drawing 60,000 people to El Murciélago beach.
A group of individuals dragged a dolphin ashore at Crucita beach in Manabí during Carnival and gutted it in front of dozens of tourists and a police officer. Ecuador’s Environment Minister has ordered a criminal investigation under wildlife protection laws that carry up to three years in prison.
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.
Lonely Planet's Best in Travel 2026 features horseback riding among Ecuador's chagra cowboys near Volcán Cotopaxi as one of 25 must-do experiences worldwide. The recognition comes as tourism numbers approach pre-pandemic levels and Cuenca rents climb 20% in central neighborhoods.
Ecuador’s largest gold mine exported a record $1.8 billion in 2025 — a 51% jump from the prior year — as gold prices topped $5,000 per ounce for the first time. Lundin Gold just announced $100 million in new exploration spending and discovered a fifth copper-gold deposit, signaling the mining boom is just getting started.
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.
Washington and Quito have 'substantially concluded' negotiations on a reciprocal trade agreement set to be signed in coming weeks. But Ecuador's biggest non-oil export to the U.S. — shrimp worth $2 billion a year — may not get the tariff relief the industry needs to survive.
International cacao prices have collapsed from a record $13,000 per ton in late 2024 to $3,581 in February 2026. Ecuadorian farmers now receive roughly $130 per quintal — down from $400 a year ago — squeezing margins in communities across the coast.
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.
