Ecuador Financial News
04.12 / 06:45
COST
UPS
Waves
ICE
Election
President
gatherings
Power shortages in Ecuador are melting away the future of a small town’s ice-cream industry
Ice-cream production in this quiet Ecuadorian town began in the mid-20th century in a convent for Franciscan nuns
08.02 / 11:15
markets
COST
UPS
Food
Trade
country
Destinations
India-EU free trade agreement: Does it brighten prospects for India’s agricultural exports?
Subscribe to enjoy similar stories. The conclusion of negotiations over the India-EU free trade agreement (FTA) shows that agriculture is no longer a deal-breaker. Both sides carefully manoeuvred around each other’s domestic sensitivities while offering tariff reductions to enhance market access.
16.01 / 11:57
security
economy
Trade
President
country
Latin
International
Should Latin America adopt the dollar?
Subscribe to enjoy similar stories. The removal of Venezuelan dictator Nicolás Maduro portends greater U.S. involvement in the Western Hemisphere, both politically and economically.
07.01 / 09:51
markets
security
Strategy
Election
Latin
shock
Updates
Caracas shock: The failure of South American leaders paved the way for US intervention in Venezuela
Removing Venezuela’s dictator introduced ‘Trump’s Corollary’ in Latin America with an exclamation point. The White House’s updated take on the Monroe Doctrine had its baptism of fire on Saturday, when US forces captured Nicolás Maduro at his Caracas stronghold, decapitating the Chavista regime responsible for bankrupting one of the world’s richest oil nations. Less than a month after Washington unveiled a new National Security Strategy pledging to restore American pre-eminence in the Western Hemisphere—by force if necessary—Maduro and his wife were on their way to New York to face “narco-terrorism” charges.
10.12 / 00:15
markets
Aware
Racing
Food
trends
Trade
International
Why India’s shrimp exporters are suddenly racing toward value-added products
Subscribe to enjoy similar stories. New Delhi: Indian shrimp exporters are increasingly shifting focus toward value-addition as global demand trends evolve and competition intensifies. With traditional frozen raw shrimp markets facing price pressure and stricter quality norms, exporters are broadening their product portfolios to include ready-to-cook (RTC) and ready-to-eat (RTE) shrimp offerings.
06.04 / 09:17
markets
Progressive
Trade
War
country
patient
Pharmaceuticals
Dairy sensitive for India, as peanut butter is to US, says official in the wake of tariff negotiations
“We have to be patient. Trade pacts do not happen overnight. It is a careful and steady process. Things are analysed carefully,” an official said on the condition of anonymity, adding that a slight impact on demand in the US could be a little challenging. India has “emerged a winner” following the reciprocal tariffs imposed by the United States, officials said, pointing out that the country has a first mover advantage compared to its competitors owing to of the Bilateral Trade Agreement (BTA) that the two are negotiating and because Indian exporters are better positioned to deal with the additional US tariffs. They said the country will take all measures within the World Trade Organization (WTO) framework to check dumping of goods from countries such as China which have been slapped with steeper tariffs. “The government is there to protect domestic industry from any possibility of dumping of goods in such a situation,” the official added. While the US has imposed 26% reciprocal tariffs on India, it has levied 34% additional import duties on China. India is also likely to gain from the US-China trade war, according to officials.
05.04 / 17:41
markets
Provident
Trade
War
country
prevention
Pharmaceuticals
India emerges winner in US reciprocal tariff, sees limited impact of pharma tariffs
reciprocal tariffs imposed by the US and has a first mover advantage as compared to other countries because of the Bilateral Trade Agreement (BTA) that the two are negotiating, officials said, adding that Indian exporters are better positioned to deal with the additional US tariffs as compared to their competitors. The country, they said, will take all measures to check dumping of goods from China as Beijing is slapped with steeper tariffs and work within the World Trade Organization (WTO) framework to prevent the dumping of excess capacity into its markets by countries hit by high US tariffs. “The government is there to protect domestic industry from any possibility of dumping of goods in such a situation,” said an official. New Delhi is also exploring measures to protect sensitive sectors like dairy and agriculture amid the trade war. While the reciprocal tariffs on India are 26%, those on China are 34%. India is also likely to gain from the US-China trade war.
05.04 / 14:33
markets
Trade
President
Fishing
country
Latin
reports
Indian seafood exports to face significant pressure due to US reciprocal tariffs, says FICCI study
Indian seafood exports will face significant pressure following the imposition of the US reciprocal tariffs, according to a study by the industry body FICCI. India's exports of fish, meat, and processed seafood are valued at US USD 2.58 billion with six product categories--Frozen Shrimp, Frozen Fish, Fish Meal and Fish Feed, Frozen Squid, Surimi & Analogue Products, and Frozen Cuttlefish--accounting for 94 per cent of total export value. US is India's largest seafood export market, holding a 34.5 per cent share of total export value. Frozen shrimp dominates, contributing 91.9 per cent of the export value (USD 2.34 billion) and 90.4 per cent of the volume (2.97 lakh tonnes). «Indian seafood exports will face significant pressure following the imposition of the US reciprocal tariffs,» the study said. India competes with countries like Canada, Ecuador, Indonesia and Vietnam in these categories. Other Latin American countries also compete in the market.
06.03 / 05:49
markets
COST
President
country
Costly deportations prompt Trump administration to halt military flights
Trump administration has suspended the use of military aircraft for deporting migrants, citing high costs and inefficiencies, according to defense officials, as reported by Wall street journal. The last such flight took place on March 1, and no further flights are currently scheduled, officials confirmed. Initially implemented as part of President Donald Trump's hardline immigration policies, the use of military flights was intended to send a strong message regarding the administration’s crackdown on illegal immigration. Defense Secretary Pete Hegseth previously stated, “The message is clear: If you break the law, if you are a criminal, you can find your way at Guantanamo Bay… You don’t want to be at Guantanamo Bay.” ALSO READ: OPT and H-1B changes: Indian students face uncertainty as US immigration policy debate heats up
01.02 / 15:33
UPS
Citi
country
beautiful
travelers
recommendations
Destinations
We asked 10 travel agents: What's the top under-the-radar destination? Here's what they said
Looking for travel inspiration for 2025 and beyond?
15.01 / 21:03
14.12 / 10:39
UPS
Provident
Waters
Food
community
blues
travelers
A salsa, a synchronised quesadilla and a weekend
Subscribe to enjoy similar stories. Travel has provided me with some of the most memorable meals I have eaten, none more than the simple lunch I had in 2008 on a sunny, cool day under the bluest sky, near the edge of a cliff overlooking the inland sea misleadingly called Lake Titicaca in Peru. An indigenous community called the Uru served freshly grilled trout—without spices and with boiled rice, grated carrot, and a condiment based on a local chilli called the aji.
04.12 / 07:01
markets
Digital
rights
peace
International
India votes in favour of UNGA resolution on Palestine calling for end to Israeli occupation
The draft resolution 'Peaceful settlement of the question of Palestine' tabled by Senegal was overwhelmingly adopted in the 193-member General Assembly on Tuesday. India was among the 157 nations that voted in favour, while eight Member States — Argentina, Hungary, Israel, Micronesia, Nauru, Palau, Papua New Guinea and the United States voted against it.
25.11 / 14:25
markets
Manufacturing
security
awards
Experts
country
2020
Kia India aims to double CKD exports by 2030; eyes Middle East, Africa markets
Kia India on Monday said it is eyeing markets in the Middle East and Africa as it aims to double the export of completely knocked down (CKD) units by 2030. To date, the automaker has exported one lakh units of CKD vehicles since it began shipments in June 2020 from its manufacturing facility at Anantapur in Andhra Pradesh. Kia India is one of the key export hubs for the South Korea-based Kia corporation, accounting for 50 per cent of the its CKD exports worldwide. In a statement, Kia India Chief Sales Officer Joonsu Cho said the automaker is grateful for the government's export-friendly policies, which have played a crucial role in strengthening country's position within the global automotive value chain.
15.11 / 18:45
Google
Sustainability
Boxing
AVP
show
Equality
Messi, Vinicius have frustrating nights as Argentina loses and Brazil draws in World Cup qualifying
Argentina's Lionel Messi and Brazil's Vinicius Junior had frustrating nights in South American World Cup qualifying. While Messi could not help his team avoid a 2-1 defeat at Paraguay, Vinicius Junior missed a second-half penalty as Brazil was held to a 1-1 draw at Venezuela on Thursday. Argentina will remain on the top of the 10-team round robin competition with a 22 points in 11 matches, Brazil is provisionally in third place in the standings with 17 points. Also on Thursday, Ecuador beat Bolivia 4-0. The Ecuadorians remain in fifth position with 16 points, while Bolivia is in eighth place with 12 points.
30.09 / 15:07
COST
Target
Sustainability
Research
reports
Interviews
Investigations
Takeaways from AP's report on how shrimp farmers are exploited as supermarkets push for low prices
An investigation focused on three of the world’s largest shrimp producers claims that as big Western supermarkets make windfall profits, their aggressive pursuit of ever-lower wholesale prices is causing misery for people on the bottom end of the suppl...
10.09 / 23:35
markets
Digital
economy
FIFA
RAI
stars
Brazil vs Paraguay live streaming: Prediction, how to watch FIFA World Cup qualifier
Brazil will play Paraguay in FIFA World Cup qualifier game for South America on Tuesday night. Five-time winners and the most successful soccer team in FIFA World Cup won their previous match against Ecuador. Paraguay drew with Uruguay in their last game. Brazil versus Paraguay soccer game is scheduled to kick off at 8.30 pm (ET) on Tuesday, September 10 at Estadio Defensores del Chaco — Asuncion in Paraguay. Also Read: Big worry! A US recession indicator is stating that the world's largest economy is in a downfall
28.08 / 22:37
27.08 / 16:28
Citizens
BBC
Trade
country
innovations
gatherings
Features
Ecuador Central Bank: We Do Not Have Power to Ban Crypto
Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...
15.08 / 09:03
UPS
Citizens
security
Trade
Latin
reports
guidelines
Ecuador Central Bank Issues Crypto Warning as Wordcoin Adoption Rises
The Ecuador Central Bank has warned citizens about the dangers of crypto as Worldcoin (WLD) adoption continues to increase in the Latin American nation.
what's happening in Ecuador
What is the current situation in Ecuador?
In Ecuador, the spotlight is on local government initiatives that spark public discussion.
Where can I find reliable news about Ecuador?
We publish reliable reports about the situation in Ecuador, based on information from regional journalists.
What shapes the media agenda in Ecuador?
The news landscape of Ecuador is shaped by major cultural and social events, reflecting its unique context.