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Power was nearly fully restored in Ecuador on Wednesday afternoon, after a nationwide electricity outage struck residential users, hospitals as well as the capital's subway system, a failure ...
Ecuador’s ports are now a major exit point for South American cocaine headed to North America and Europe, the UN says. This newfound position in the international drug trade has sparked a ...
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The 2023-2024 Ecuador electricity crisis was caused by a severe drought that depleted water levels at hydroelectric plants and a lack of capacity buildup. [1] Ecuador experienced rolling blackouts for up to 14 hours per day in the fall crisis (started on 23 September 2024 [ 1 ] ) of 2024. [ 2 ]
2020s commercial real estate distress was a worldwide spike in commercial real estate distress that began in the 2020s in the wake of the COVID-19 pandemic and interest rates hikes by central banks in response to the 2021 inflation crisis. Although the increase in distress occurred globally it was most acute in the United States and China.
Salinas is a coastal city located in the Province of Santa Elena, Ecuador. It is the seat of the canton that bears its name. The westernmost city on mainland Ecuador, Salinas is an important tourist center. Salinas, Ecuador's largest coastal resort, offers one of the country's best real estate investment markets and most popular and most ...
Ecuador's President Daniel Noboa declared a second state of emergency on Friday over an energy crisis that has already led to rationing in the South American country. Noboa, who took office in ...
A real-estate bubble or property bubble (or housing bubble for residential markets) is a type of economic bubble that occurs periodically in local or global real estate markets, and it typically follows a land boom or reduce interest rates. [1]