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
15.01 / 21:03
markets Digital Williams Strategy film PAM queer Queer: All we know about Daniel Craig film's digital release
Daniel Craig, is now accessible on digital platforms. Directed by Luca Guadagnino, it offers audiences a detailed cinematic adaptation of a literary classic.
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
FIVE BLOCK Parke BAY community President country Ecuador's citizens voted to stop oil drilling in heart of Amazon. A year later, it hasn't happened
Voters in Ecuador last year approved a referendum to keep some 700 million barrels of crude oil in the ground in Yasuni National Park
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.
15.08 / 08:47
COST UPS Fox Dreams Experts shock Inflation driving a thorn into wedding plans, with budding newlyweds trimming flowers from their budgets
Brides and florists are having sticker shock at the inflated prices of floral arrangements for weddings.

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