Breaking news, politics, economy, visas, safety, and lifestyle updates for expats living in Ecuador.
Colombia suspended electricity sales to Ecuador and imposed retaliatory tariffs after Ecuador slapped a 30% 'security tariff' on Colombian goods. With Ecuador's grid 79% dependent on hydroelectric power, the loss of Colombian energy imports raises the specter of the devastating 2024 blackouts.
Ecuador's Carnival holiday weekend delivered a record tourism boost: $81.9 million in revenue, 1.28 million domestic trips, and hotel occupancy of nearly 50% — while the government temporarily slashed VAT on tourism services from 15% to 8%.
Ecuador's rental market is tightening sharply in Cuenca, Quito, and Guayaquil, with rising demand from both locals and expats pushing monthly rates higher. Meanwhile, property sale prices are firming up after years of stagnation, with condos and gated communities in highest demand.
The International Monetary Fund reports Ecuador is 'recovering much faster than anticipated' from the devastating 2024 blackout crisis. Inflation is forecast at just 1.5% for 2026 — among the lowest in Latin America — though housing costs spiked 16.97%.
The U.S. Embassy has issued security alerts for downtown Guayaquil, warning American citizens about ongoing demonstrations following the arrest of Mayor Aquiles Alvarez on money laundering charges. Expats are advised to avoid protest areas and carry identification at all times.
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.
Ecuador's Superintendency of Companies ordered an external administrator installed at Granasa, publisher of two of the country's largest newspapers, after the company refused to hand over internal legal records. The Inter-American Press Society called it 'an intimidating act' of indirect censorship.
A mudflow of rocks and debris cascaded through the streets of Alausí on Wednesday — the third landslide event in the Chimborazo canton in just two weeks. The military has deployed to clear roads and assist evacuations as the rainy season intensifies.
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.
Quito was pounded by hail and electrical storms Wednesday afternoon, then blanketed by dense fog Thursday morning. Ecuador’s weather agency forecasts intensifying rainfall through March, raising mudslide risk in the capital’s surrounding valleys.
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.