Ecuador
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Latin American EV market accelerates threefold in 2024
The fleet of light electric vehicles in Latin America and the Caribbean saw a dramatic surge last year, tripling in size from 154,966 registered units at the end of 2023 to 444,071 vehicles by December 2024, according to data from Olade.
China woos Latin America with $9bn credit line amid Trump trade tensions
China has offered Latin American and Caribbean countries a CNY66bn ($9.2bn) credit line as part of a comprehensive economic and political cooperation package presented during the CELAC-China summit in Beijing.
ECLAC cuts Latin America growth forecast amid global uncertainties
The UN's Economic Commission for Latin America and the Caribbean (ECLAC) has downgraded its 2025 growth forecast to 2%, adding to a chorus of international institutions painting a bleak outlook for the region.
LatAm set to be world's slowest-growing region as World Bank slashes forecasts
Economic expansion for region projected to be slowest globally as external pressures mount
EU observers reject election fraud allegations in Ecuador
European Union observers rejected allegations of electoral fraud in Ecuador's presidential elections, countering claims made by leftist candidate Luisa Gonzalez following her defeat to incumbent conservative President Daniel Noboa.
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Ecuador's Noboa secures presidential win with 55.95% of vote
Ecuador's Daniel Noboa has retained the presidency by winning the April 13 run-off election with 55.95% of the vote as per the National Electoral Council (CNE), with 92% of ballots counted.
Ecuador gears up for crucial run-off as electoral body deploys high-tech safeguards
Ecuador is preparing for a crucial presidential run-off between Daniel Noboa and Luisa González on April 13, with the National Electoral Council implementing advanced security measures to ensure election integrity.
Latin American leaders blast US tariffs at CELAC summit as China offers economic lifeline
Latin American leaders gathered in Honduras on April 9 to condemn United States trade measures during the ninth summit of the Community of Latin American and Caribbean States (CELAC).
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Why investors are turning their gaze to Latin America after Trump tariffs
Trump's trade war unexpectedly boosts Latin America, with investors spotting fresh opportunities in a reshuffled global economic landscape.
Latin America to miss more than three-quarters of 2030 sustainability targets, ECLAC says
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
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
Most regional economies hit with baseline 10% rate while Venezuela, Nicaragua and Guyana face steeper levies.
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IMF: How Artificial Intelligence can boost productivity in Latin America
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
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
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
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
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.