Ecuador orders small bank to suspend operations

QUITO, March 18 | Mon Mar 18, 2013 8:01pm EDT

(Reuters) - Ecuador's banking regulator on Monday ordered one of the smallest banks in the Andean country to suspend operations due to solvency and liquidity problems.
The Territorial Bank currently has assets worth $170 million. Ecuador's banking system had total assets worth nearly $28 billion by the end of 2012. 

http://www.reuters.com/article/2013/03/19/ecuador-bank-idUSL1N0CAFQQ20130319

Life in the middle of the world - Ecuador: Two words to describe Quito?

Life in the middle of the world - Ecuador: Two words to describe Quito?: I have been thinking about this post for a while.  If I could use two words to describe Quito what would those two words be?  I drive around...

On A Roll: Ecuador's gamble with the U.S. Dollar  

From Today in Ecuador - Miami Herald

QUITO – Ecuador’s Law of Economic Transformation, which made the U.S. dollar the nation’s legal tender, has lived up to its name by any measure. Since the adoption of the dollar in 1999, the country’s economy began rising from the dead and today the population of 15 million has never had it so good.: http://www.todayinecuador.com/noticias-ecuador/on-a-roll-ecuador-s-gamble-with-the-u-s-dollar-576256.html 

Ecuador’s Paraplegic (Former) Vice President Lenin Moreno

Ecuador’s Paraplegic (Former) Vice President 

Lenin Moreno a Major Force for Disability Rights

It can be easy to overlook the tiny South American nation of Ecuador. Yet Ecuador stands out as one of the region’s most advanced countries for disabled people. A major force behind this effort is Lenin Moreno, Ecuador’s vice president. A paraplegic, Moreno is one of the world’s highest-ranking leaders using a wheelchair.
Lenin Moreno was once a wealthy businessman and politician. But in 1998, he was shot in the back as gunmen stole his car from a parking lot in Quito. He was paralyzed from the waist down. Moreno overcame intense pain and bouts of depression to become a motivational speaker. He’s written books about the healing power of laughter. He also performs inspirational songs.:
http://www.theworld.org/2013/02/ecuador-lenin-moreno/

New UIO Airport Update March 13, 2013 Gringo Tree

New UIO Airport Update

March 13, 2013
Tomorrow marks three weeks since the new Mariscal Sucre Airport opened east of Quito. We’ve had a fair amount of feedback from people who’ve passed through there on their way to and from Ecuador. This is a summary of what we’ve learned, both from you and on our own. ..
http://www.gringotree.com/cuenca/articles/mod/articles/article.php?article=51

Terrorism Watch: U.S. Embassy Lifts Travel Restriction to Cusco Reg...

Terrorism Watch: U.S. Embassy Lifts Travel Restriction to Cusco Reg...: The United States Embassy in Lima has lifted a travel restriction on Peru’s southern region of Cusco and the Inca citadel of Machu Picchu...

Terrorism Watch: FARC negotiators not allowed to leave Cuba: PG

Terrorism Watch: FARC negotiators not allowed to leave Cuba: PG: If the FARC negotiators leave Cuba now they will be captured, Colombia 's prosecutor general said Friday. Eduardo Montealegre'...Eduardo Montealegre's statement comes after the FARC negotiators allegedly tried to charter a flight in order to attend the funeral of President Hugo Chavez in Venezuela.

Furloughs bite for customs workers,

By Mike M. Ahlers, CNN

March 8, 2013 -- Updated 1028 GMT (1828 HKT)

Homeland Security Secretary Janet Napolitano said on Monday that she expects customs wait times to increase to 150 to 200 percent of normal.
"I don't mean to scare, I mean to inform. If you're traveling, get to the airport earlier than you otherwise would. There's only so much we can do with personnel," Napolitano said.
The union representing some 24,000 agency employees predicted the cuts will "undercut" national security and lead to a loss of revenue.

Should You Move To Another Country To Escape...

Should You Move To Another Country To Escape The Collapse Of America? 10 Questions To Ask Yourself First

1..Do You Speak The Language? If Not, How Will You Function?
2..How Will You Make A Living? 3..Will You Be Okay Without Your Family And Friends? 4..Have You Factored In Weather Patterns And Geological Instability? 5..What Will You Do For Medical Care?
 6..Are You Moving Into A High Crime Area?
7..Are You Prepared For “Culture Shock”?
8..What Freedoms and Liberties Will You Lose By Moving?
9..Is There A Possibility That The Country You Plan To Escape To Could Be Involved In A War At Some Point?
10..When The Global Economy Collapses, Will You And Your Family Be Okay For Food?
..all very good questions to ponder before leaving out!
Read more at http://investmentwatchblog.com/should-you-move-to-another-country-to-escape-the-collapse-of-america-10-questions-to-ask-yourself-first/#fQuHY4xhwR7wyza3.99

ECUADOR NEWS : Ecuador,Requirements for an pension visa

ECUADOR NEWS : Ecuador,Requirements for an pension visa: Ecuador news - Here is the complete list with the requirements to obtain an Ecuadorian pension visa. Annuitant Visa 9-I Foreign Pension ...

"Ecuador At Your Service" radio show on the Oversees Radio Network

Radio Cuenca

"Ecuador At Your Service" radio show on the Oversees Radio Network.

 

Ana Lucia Serrano, who heads up the Cuenca Immigration Office, will be the featured guest on the "Ecuador At Your Service" radio show on the Oversees Radio Network. The show airs live on Monday at 11:00 AM, but can be downloaded from the archives at any time. Ashley & Michel will interview Ms. Serrano about the "3 R's": Rules, Regulations, and Requirements for getting visas and cedulas in Ecuador. http://ecuadoratyourservice.com/

500 North Americans Have Come to Cuenca So Far in 2013

ECUADOR NEWS : 500 North Americans Have Come to Cuenca So Far in ...: Ecuador news - In the past, there was a net migration of people from Ecuador going to the United States mostly looking for work.  Now the ...Of the 500 US and Canadian citizens who have come to Cuenca in January and February of this year, some are visitors looking to see if they like the city to spend their retirement years. 

Others have already made this decision and are settling in. Foreign retirees are a benefit to the economy of Cuenca. 

Many of them bring their retirement savings to invest in the country. They also spend their money on rent, food, clothing, transportation, and medical services.

Intense rain accompaied by electrical storms - Guayaquil

Intense rain accompaied by electrical storms - Guayaquil
via Susan Schlesinger: Intense rain accompaied by electrical storms of throughout tha afternoon yesterday, Saturday March 2, 213 in Guayaquil, Samborondón y Durán.

Sectors in the north, center and south of Guayaquil were the most affected by the precipitation where the water covered up to half the car height and caused blockages in the roadways.

Power outages are causing diversion of planes to Manta and information is being shared by sms on twitter.: http://www.eluniverso.com/2013/03/03/1/1445/calles-anegadas-caos-trafico-intensa-lluvia.html

Ecuador remains in the list of countries not cooperating in the fight against money laundering and terrorist financing

 Ecuador remains in the list of countries not cooperating in the fight against money laundering and terrorist financing of the Financial Action Task Force (FATF) (Acción Financiera Internacional (GAFI). The Attorney said in a statement that it will continue in that status “at least until the next meeting, in June 2013, and which will be reviewed again your situation and progress.” At the meeting of the FATF, 20 and 22 February in Paris, adopted the report of the Review Group for International Cooperation (ICRG).

http://latinamericacurrentevents.com/ecuador-on-list-of-countries-not-cooperating-in-fight-against-money-laundering-terrorist-financing/26984/

Ecuador 2013 by Ecuador George

ECUADOR NEWS : US woman(70) jailed in Ecuador

ECUADOR NEWS : US woman(70) jailed in Ecuador: Ecuador news - QUITO, Ecuador—An American senior citizen on a flight to South America was seized and jailed by Ecuador immigration authoriti...

ECUADOR NEWS : Quito,Tababela Terminal begins operations tomorrow...

ECUADOR NEWS : Quito,Tababela Terminal begins operations tomorrow...: Ecuador news - Quito´s new airport, Tababela will start its first day of operations tomorrow with the arrival and departure of 129 flights, ...

ECUADOR NEWS : What is the citizens revolution ?

ECUADOR NEWS : What is the citizens revolution ?: Ecuador news - The Citizens’ Revolution ( La Revolución Ciudadana ) is a political and socioeconomic project formulated by a coalition of so...

ECUADOR NEWS : Ecuador,Chinese companies grow and account for pub...

ECUADOR NEWS : Ecuador,Chinese companies grow and account for pub...: Ecuador news - In 2002 they recorded the first three branches of Chinese companies (ZTE Corporation, Huawei and Sinopec) in the country.  ...

ECUADOR NEWS : Why Expats Leave Cuenca

ECUADOR NEWS : Why Expats Leave Cuenca: Ecuador news - International Living has named Cuenca, Ecuador as the number one retirement haven in the world, but not all that is gold glit...

What Aren’t You Being Told About Moving to Ecuador? – Part I

a new article written by Dr. Lee Dubs. Today, in in Part I of “What Aren’t You Being Told about Moving to Ecuador?” he expresses his concerns for future expats who are being sold on Ecuador as the “perfect place to retire” not realizing the gross understatements about the cost of living comfortably and the difficulties of getting visas.....
http://southofzero.wordpress.com/2013/02/13/moving-to-ecuador-part-i/

What Aren’t You Being Told About Moving to Ecuador? – Part II

What Aren’t You Being Told About Moving to Ecuador? – Part II
By Dr. Lee Dubs

Continued from Part I
Is property really a good buy? That depends who you ask. Indeed, there are some excellent bargains available, but you have to be cautious. Some who bought real estate will say it was a good decision, while others will say it was not....
http://southofzero.wordpress.com/2013/02/15/moving-to-ecuador-part-ii/

ECUADOR NEWS : Matthew Wood of Marietta goes to Ecuador

ECUADOR NEWS : Matthew Wood of Marietta goes to Ecuador: Ecuador news Name : Matthew Wood Age : 22 Current City : Marietta, GA Alma Mater : University of Georgia – Ecology Country of Service ...

Life in Quito: Cost of living in Quito, Ecuador: eating shawarma, smoking an Egyptian hookah (shisha) ....and drinking Pilcener. January 2013.

Life in Quito: Cost of living in Quito, Ecuador: eating shawarma, smoking an Egyptian hookah (shisha) ....and drinking Pilcener. January 2013.

Ecuador vs The Bankers

ECUADOR NEWS : What Cuencanos say about gringos

ECUADOR NEWS : What Cuencanos say about gringos: Ecuador news - The following is a sample of Cuencano opinions about English-speaking expats living in Cuenca. They were compiled by Universi...

ECUADOR NEWS : More than one million Ecuadorians were on the move...

ECUADOR NEWS : More than one million Ecuadorians were on the move...: Ecuador news - Quito, Jan 04 (Andes). - More than one million Ecuadorians were on vacation over the Christmas holidays and New Year, which r...

Discover Cuenca Ecuador: Pets and Furnished Rentals in Cuenca Ecuador

Discover Cuenca Ecuador: Pets and Furnished Rentals in Cuenca Ecuador: Our pets are our wonderful friends that give us much love and companionship. For many of us older folks our pets have taken the place of our...

ECUADOR NEWS : ISOFOTON develops in Ecuador one of the largest ph...

ECUADOR NEWS : ISOFOTON develops in Ecuador one of the largest ph...: Ecuador news - Quito (Pichincha). - The National Electricity Council and the Spanish company the world leader in solar technology, ISOFOTON...

Life in the middle of the world - Ecuador: Introduction

Life in the middle of the world - Ecuador: Introduction: I am Mike and I recently decided to move to Quito Ecuador, to start a new life with my wife and my 3 year old son.  I started this blog to s...