About Ecuador

Ecuador is a South American country characterized by its rich biodiversity, diverse geography—including the Andes, Amazon rainforest, Pacific coast, and Galapagos Islands—and a complex cultural heritage blending indigenous roots and colonial history[1]. Economically, Ecuador relies heavily on oil exports, agriculture (notably bananas, cocoa, and shrimp), and tourism, but it faces vulnerabilities from commodity price fluctuations and climate-related risks impacting agriculture and infrastructure[1]. The country adopted the U.S. dollar as its official currency in 2000, stabilizing inflation and providing economic steadiness amidst external shocks[1]. Despite this, Ecuador’s economy has experienced modest growth averaging 1-2% over the past decade, with a real GDP growth of 0.9% in 2024 and projections of around 2.8% for 2025[2][6]. Foreign direct investment has declined recently, largely due to recurring power outages, political uncertainty, and escalating security challenges[2]. Since 2023-2024, Ecuador has confronted a severe security crisis, with homicide rates soaring to the highest in South America amid organized crime and cartel violence, prompting President Daniel Noboa to declare a state of emergency and an internal armed conflict[3][4]. This surge in violence has led to serious human rights concerns, including extrajudicial killings and arbitrary arrests by security forces[4]. Politically, President Noboa, elected in late 2023 and reelected in 2025, has prioritized economic reforms, including raising the value-added tax and phasing out fuel subsidies, partly under an IMF Extended Fund Facility agreement worth $5 billion aimed at fiscal stabilization[2][6][7]. The government is also focusing on digital transformation and expanding cooperation with the United States on trade, energy, and security[2][7]. Ecuador’s future potential lies in its vast renewable energy resources (hydroelectric, solar, wind), internationally recognized agriculture, and a young, resilien

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Science

Ancient Insects Unearthed in South America's Amber

19 Sep 2025 13 views

#insects #amber #biodiversity #amazon #south_america

Scientists have discovered well-preserved insects in ancient amber in South America, shedding light on the Amazon rainforest's past biodiversity and environmental conditions.