Ecuador

Latin America to miss more than three-quarters of 2030 sustainability targets, ECLAC says

bne IntelliNews April 4, 2025

The region's progress on UN goals is hampered by weak institutions and debt burden, warns UN commission in a new report.

The rise of war-hardened Balkan crime groups in South America’s cocaine market

Clare Nuttall in Glasgow April 3, 2025

Global Initiative report reveals organised crime groups from the Western Balkans have firmly embedded themselves in South America’s cocaine trade.

Latin America escapes full wrath of Trump's tariffs, as few nations bear brunt

bnl editorial staff April 3, 2025

Most regional economies hit with baseline 10% rate while Venezuela, Nicaragua and Guyana face steeper levies.

IMF: How Artificial Intelligence can boost productivity in Latin America

Bas B. Bakker, Sophia Chen, Dmitry Vasilyev for IMF March 24, 2025

Latin America and the Caribbean has long been a region with one of the most informal labour markets. A large part of the workforce is outside of the formal economy, leaving many people without access to benefits and protections.

Ecuador's Noboa cements dollar status amid election tensions

Mathew Cohen March 19, 2025

Ecuador's President Daniel Noboa has issued Executive Decree No. 565, formally reaffirming the US dollar as the country's sole official means of payment amid a looming presidential election and concerns about potential alternatives to the dollar.

Ecuador's oil future at a crossroads as presidential candidates seek divergent paths

Mathew Cohen March 17, 2025

Ecuador President Daniel Noboa's plan to revitalise the country's largest oil field appears to be unravelling amid his challenging re-election campaign ahead of the April 13 runoff vote.

Ecuador President Noboa taps Blackwater founder to combat gang violence

Mathew Cohen March 13, 2025

Ecuador's President Daniel Noboa has announced a “strategic alliance” with US businessman Erik Prince, founder of private security firm Blackwater.

Trump's migration clampdown endangers remittances lifeline to Central America

bne IntelliNews February 26, 2025

Trump's crackdown threatens vital remittances to Central America, where money sent by migrants makes up to 27% of GDP. The region received $160.9bn in 2024, but these crucial flows now face risk as families depend on them for survival.

EU eyes “strategic autonomy” partnership with Latin America amid deepening rift with US

bne IntelliNews February 19, 2025

The European Union is seeking to deepen its relationship with Latin America and the Caribbean, framing the partnership as one built on "strategic autonomy" rather than as a counterbalance to China's growing influence in the region.

Uruguay leads Americas in anti-corruption rankings as regional standards slip

bne IntelliNews February 12, 2025

Uruguay has emerged as a beacon of transparency in the Americas, securing the top position in Transparency International's latest Corruption Perceptions Index (CPI) with a score of 76 points – its highest since 2012.

Trump’s USAID retreat from Latin America opens door to Chinese influence

bne IntelliNews February 11, 2025

The Trump administration's sweeping plans to axe USAID are poised to deliver a significant blow to humanitarian and development programmes across Latin America, paving the way for Beijing's increased activity.

Who are the two leading candidates in Ecuador's tight presidential election?

Mathew Cohen February 10, 2025

Ecuador's presidential election on February 9 has produced a tight race between incumbent President Daniel Noboa and main challenger Luisa González, underscoring the nation's deep political divisions amid mounting security challenges.

COMMENT: Trump's Latin America gambit pays off, but at what cost?

Ricardo Martins in Da Nang February 7, 2025

Donald Trump’s return to the presidency has reignited tensions between the United States and Latin America. However, recent events have allowed Trump to secure his first wins through an aggressive, transactional foreign policy.

Trump reveals his plan to take over Gaza following meeting with Israeli Prime Minister Netanyahu

bnm Tel Aviv bureau February 5, 2025

US President Donald Trump announces plans for American control and redevelopment of the Gaza Strip following talks with Israeli Prime Minister Benjamin Netanyahu, signalling a major shift in US policy towards the region.

Ecuador announces 27% tariff on Mexican imports, mirroring US threat

Mathew Cohen February 4, 2025

Ecuador has announced a 27% tariff on Mexican imports, imitating recent trade measures threatened by the United States.

“Latin American Davos” kicks off in Panama as region battles growth slump

bne IntelliNews January 30, 2025

Panama is hosting what organisers touted as the region's answer to Davos, as political and business leaders gather to tackle Latin America's persistent economic challenges amid growing concerns over rising poverty and middle-class stagnation.

Climate crisis threatens Latin America's fight against hunger, UN report says

bne IntelliNews January 29, 2025

Latin America and the Caribbean face mounting risks to food security as climate change intensifies, with the region now second only to Asia in its exposure to extreme weather events, according to a joint report by UN agencies.

COMMENT: Is Latin America prepared for Trump 2.0?

Ricardo Martins in Da Nang January 27, 2025

Donald Trump’s return to the White House, heralded by his inaugural address and subsequent executive orders, has sent shockwaves across the world and Latin America, particularly in Mexico and Panama.

Trump's return to White House draws polarised Latin American response

Marco Cacciati January 22, 2025

Latin America has split over Donald Trump's White House return, with a handful of leaders rushing to embrace the new president while others eye his protectionist agenda with alarm.

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