Chevron produces video and audio tapes to support bribery charges against judge and Ecuadorian officials

September 1, 2009 03:17 by Admin
Oil giant Chevron said Monday that it had obtained video recordings of meetings in Ecuador this year that appear to reveal a bribery scheme connected to a $27 billion lawsuit the company faces over environmental damage at oil fields it operated in remote areas of the Amazon forest in Ecuador.... [More]

REALITY CHECK
Cost of living is cheap in Ecuador, but not as cheap as some say

August 13, 2009 05:33 by Sylvan Hardy
“Is it as cheap to live in Ecuador as they say?” The question came from an English friend but it’s one I’m asked fairly often. What he's referring to are the claims made by a number of publishers and web services, particularly International Living, Gary Scott and ... [More]

Correa begins second term facing serious challenges; falling poll numbers and a shaky legislative alliance could pose problems

August 6, 2009 06:31 by Admin
President Rafael Correa starts a second term on Monday promising "21st century socialism" for Ecuador, but his clashes with investors may jeopardize trade and deter financing he needs to reverse an oil output slump. He also faces a drop in popular support, according to two recent p... [More]

'Dental tourism' is booming in Ecuador as foreigners discover that they can pay for a vacation from savings at the dentist's office

July 13, 2009 03:10 by Admin
The Galapagos Islands, colonial cities, the Amazon jungle, and beach resorts are not the only reason that foreigners visit Ecuador. Tourism officials say the fastest growing attraction may be the country’s dental care. Although it is hard to nail down accurate statistics, tour operator... [More]

New 'border war' between Ecuador and Colombia focuses on trade restrictions and legal moves

July 13, 2009 01:42 by Admin
Ecuador today will begin imposing stiff tariffs on hundreds of Colombian imports, the latest round in a festering dispute between the neighbors. The tariffs could affect at least one-third of the $1.6 billon in annual Colombian exports to Ecuador. The Ecuadorean government said the measure w... [More]

SYLVAN HARDY
Vilcabamba: Are the ‘ugly Americans’ ruining an Ecuadorian paradise?

June 15, 2009 10:16 by Sylvan Hardy
Since I moved to Ecuador a dozen years ago, I’ve made a point of visiting my friends in Vilcabamba at least once a year. I was enchanted with this peaceful, isolated valley the first time I saw it in 1998 and even considered settling there until business considerations – I need to be c... [More]

Ecuador continues to review foreign debt, claiming that criminal acts were committed by previous governments

June 15, 2009 05:04 by Admin
The Ecuadorian government needs to decide how it will treat the debts, which accounted for two-thirds of the $10 billion the country owed last December ahead of its second default in a decade, Correa said yesterday in Quito. As with the defaulted bonds, criminal acts were committed by previous gov... [More]

Get ready to use your real name when you travel; new TSA rule will require that tickets and IDs carry the same name

June 10, 2009 00:49 by Admin
Concerns about data storage and privacy were among the issues that held up the transfer of name-matching duties from the airlines to the government, which was mandated by Congress in 2004. While many of those objections have been addressed by narrowing the scope of the information collected,... [More]

World Trade Organization allows Ecuador import restrictions citing the country's balance of payment problems and reliance on the U.S. dollar

June 6, 2009 01:18 by Admin
World Trade Organization members agreed on Thursday to allow Ecuador to impose temporary import restrictions because of balance of payments problems. The move was hailed by rich and developing countries as proof that the rules-based trading system umpired by the WTO was working well despite ... [More]

For foreigners considering moving to Ecuador, comparing the colonial cities of Quito and Cuenca is a major consideration

May 21, 2009 03:29 by Sylvan Hardy
How do Cuenca and Quito compare? It's a question in the minds of many foreigners considering relocating to Ecuador.  The short –and probably the best-- response is, ‘come down and see for yourself.’ There are, however, similarities and differences that the prospective ex... [More]

Correa's reelection could provide Ecuador with much needed stability; many hope that it will be good for business

May 4, 2009 02:54 by Admin
Plaques and portraits of Ecuador's 105 presidents line the yellow walls of the antechamber to the restrooms in El Pobre Diablo (The Poor Devil), a bohemian hangout in Quito, the capital. Spoofing the presidential palace's silk screen Yellow Salon, each is marked with the number of days the... [More]

Quito real estate market shows strength in uncertain economic times; city attracts increasing numbers of foreign retirees and investors

April 30, 2009 04:37 by Admin
In a country as geographically diverse as Ecuador, it is not surprising that its capital, Quito, finds itself spurned by most international retirees and second home buyers. They would rather be at the country's many beaches or majestic mountains. Foreigners who move to the city are usually the... [More]

Sober Ecuadorians head to the polls; Correa expected to be reelected by big margin

April 26, 2009 04:20 by Admin
Ecuadoreans will head to the polls on Sunday without a drink in their system, at least if they are abiding by the country’s temporary dry law, which went into effect at noon Friday and is to last until Monday. The 72-hour ban on alcohol is intended to ensure that citizens cast their bal... [More]

Ecuador's anticipates Sunday's election with a sense of calm; is it the beginning of better times or just an interlude in the usual chaos

April 22, 2009 10:36 by Admin
One local candidate is comparing his crime-fighting abilities to Batman's. A would-be president has promised to raise the minimum wage to $77, because seven is a good number. And the government's "revolutionary" version of the Beatle's song "Hey Jude" has incurred t... [More]

Polls show Rafael Correa winning presidency and his Alianza Pais gaining control of the new National Assembly in April 26 election

April 8, 2009 02:42 by Admin
Ecuadorian President Rafael Correa's political movement is expected to win control of the country's new legislature, new polls show. A nationwide Cedatos-Gallup International poll of 2,824 people showed 54% of Ecuadorians voting for Correa's Alianza Pais party in the April 26 ele... [More]