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Ecuador's National Assembly approved a new marine-coastal governance law on May 21. Expreso reports it creates tools to protect breaking waves, regulate maritime activities and catalog important surf zones.
Ecuador's weather service flagged moderate-to-heavy rain, electrical storms, strong wind gusts and flooding risk from 4:00 p.m. May 17 until noon May 20, spanning coastal, highland and Amazon provinces. Here's who's affected and what to do.
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.
The Consejo de la Judicatura filed a criminal complaint with the Fiscalía General alleging a network solicited payments from judges and prosecutors to alter disciplinary reports. The institution says: 'No habrá encubrimientos.'
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 May 6 placement of $1 billion in bonds drew $7 billion in demand from 200 international investors. Country risk is at its lowest since 2014. Here's what it means for the economy.
International investors put up $7 billion in orders for $1 billion in Ecuadorian sovereign bonds. The yield improved, the country risk hit an 11-year low, and the government says it proves confidence is back.
The Cangrejos project, ranked 13th among the world's largest undeveloped gold deposits, gets a 26-year exploitation contract. Chinese-backed Odin Mining will invest $1.6 billion and generate 1,168 jobs. The government expects $6 billion in total revenue.
Ecuador's riesgo país fell to 404 points on April 22, the lowest since 2015. GDP grew 3.7% in 2025, international reserves jumped 42%, and the IMF just disbursed another $394 million. Here's what the improving trajectory means for expats.
Mayor Pabel Muñoz says Quito has completed 1,900 projects worth $2 billion since taking office. The Metro extension to La Ofelia is moving forward with an $80M study contract, and another $700 million in works is planned for 2026.
The National Assembly approved Ecuador's trade agreement with South Korea on April 14, a 23-chapter deal that could boost Ecuadorian exports by roughly $367 million over five years. 98.8% of Ecuador's exportable goods enter South Korea at zero tariff immediately under the agreement. Shrimp is the headline beneficiary. The deal still needs presidential ratification.
President Noboa has declared 2026 'the year of construction,' with sector sales up 20.5%, real estate transactions up 17.8%, and $6.5 billion in purchase-sale promises on the books through 2028. Government incentives include preferential mortgages, IVA refunds for builders, and a new social housing law.