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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.
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.
What started as a tariff dispute has spiraled into a full trade war between neighbors. Ecuador slapped 30% duties on Colombian imports; Colombia responded by suspending electricity sales and threatening counter-tariffs on 23 Ecuadorian products. The pipeline tariff jumped from $3 to $30 per barrel.
Several indigenous organizations have announced a formal legal process to revoke President Daniel Noboa’s mandate, citing unfulfilled commitments and growing social discontent. The recall faces steep constitutional hurdles but signals deepening political tensions.
High-level negotiations in Quito on February 6 ended without resolving the mutual 30% tariffs between Ecuador and Colombia. Both countries are blaming each other. Here's what it means for prices, energy, and daily life.
A high-level Colombian delegation arrives in Quito today for emergency talks aimed at resolving the reciprocal 30% tariff war that has brought bilateral trade to a near standstill and suspended Colombian electricity exports.
Thirty-percent tariffs, suspended electricity exports, a 900% pipeline fee hike, and border protests — the Ecuador-Colombia trade war is escalating fast. Here's how it could affect your daily life.
