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In Ecuador alone, there were 2,795 retirees collecting Social Security. That's up from just over 300,000 retirees collecting Social Security from abroad in 2008 .
Americans in Ecuador consists of immigrants from the United States to Ecuador which includes but is not exclusive to many retirees. It is estimated that about 5,000 to 10,000 American immigrants now live in the country.
He announced his retirement in May 2021. [5] Valencia made his Ecuador debut in 2004 and has represented his country at the 2006 FIFA World Cup, the 2007 Copa América, the 2011 Copa América, the 2014 FIFA World Cup, the Copa América Centenario and the 2019 Copa América. Valencia won 99 caps and scored 11 goals for his country. [6]
Ecuador has a developing economy that is highly dependent on commodities, namely petroleum and agricultural products. The country is classified as an upper-middle-income country. Ecuador's economy is the eighth largest in Latin America and experienced an average growth of 4.6% between 2000 and 2006.
Five rescue dogs were honored by Ecuador’s Fire Department on Monday at a ceremony formally retiring them after seven years of service and turning them over to new adoptive owners. Lt. Col.
If Ecuador is able to retire these bonds, it would reduce the nation's debt by $2 billion, making this a great economic victory for president Rafael Correa and his administration. On June 11, 2009, Ecuador announced that it had successfully bought 91% of the bonds at a cost of 30-35 cents to the dollar.
In 1937 the Law on Mandatory Social Security Insurance Fund of Private Employees and Workers was created and the Medical Department was linked to it. On July 14, 1942, the new Law on Compulsory Social Security, in which new insurance conditions and the financing of all general insurance pensions became established, with the State's contribution of 40%, is issued, and the sickness and maternity ...
On February 26, 2008, Mendez announced his retirement from the national team, to the surprise of most Ecuadorians and the Latin American world. [15] He has stated that one of the reasons for his early retirement is dissatisfaction with the newly appointed Ecuador coach, Sixto Vizuete.