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  • More than 22,000 businesses disappeared in Ecuador during the pandemic

    RIO DE JANEIRO, BRAZIL – The Government of Ecuador revealed this Tuesday that more than 22,000 companies disappeared in the country due to the effects of the coronavirus pandemic and the periods of restrictions applied. This was stated by the Minister of Production and Foreign Trade, Julio Prado, in declarations ...

  • Panama reactivates its diplomacy and bets on a new international position

    RIO DE JANEIRO, BRAZIL - Panama's Foreign Minister, Erika Mouynes, has the firm intention of cleaning up and strengthening her country's international position, for which, among other measures, she has reactivated direct diplomacy even during the pandemic with a series of trips that will take her to Ecuador, Spain, Belgium, ...

  • Ecuador presents study suggesting reforms to the pension system

    RIO DE JANEIRO, BRAZIL - The government of Ecuador presented this Friday a diagnosis on the Social Security Disability, Old Age and Death (IVM) pension system and suggested reforms that cannot be postponed given its eventual unsustainability in the short term. The study, presented by the Ministry of the Economy ...

  • Equador: Transporte interestadual tem greve contra reajuste de combustíveis

    Movimento provocou bloqueios em estradas de algumas províncias e ataques a veículos conduzidos por motoristas que não aderiram à manifestação, diz agência Motoristas do transporte interestadual do Equador entraram em greve nesta segunda-feira para protestar contra o aumento progressivo dos preços dos combustíveis que está em vigor ...

  • Ecuador’s economy to contract by 7.8% in 2020 due to pandemic

    RIO DE JANEIRO, BRAZIL -  Ecuador's economy contracted 7.8% in 2020 due to the coronavirus pandemic's effects, which hit hard household and government consumption, investment, and exports, the Andean country's economic authorities said Thursday. The fall in Gross Domestic Product (GDP) in 2020 was less than the 9.5% projected by ...

  • Quasar High Yield Fund Targets Brazil and China

    RIO DE JANEIRO, BRAZIL - The strategy now is to avoid riskier debt in countries like Argentina, Ecuador, Lebanon and Zambia, which have either restructured or defaulted last year. As the global economy gradually emerges from the coronavirus pandemic, a high-yield bond investor who has beaten 93% of peers in the ...

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