End of preview - This article contains approximately 355 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
Economy & Business - August 2026
ECUADOR: Severe El Niño could impact crucial shrimp industry
On 20 July, Ecuador raised its warning level for conditions associated with the El Niño weather phenomenon from yellow to orange, following a period of four weeks of study by Erfen, a national committee that monitors Pacific Ocean temperatures and other indicators. Although there is no exact timescale, El Niño is expected to arrive in earnest in around November and last until approximately March, bringing risks including heavy rains, flash flooding, and changes to the behaviour of fish and birds. President Daniel Noboa’s government has allocated a budget of US$600m to mitigate these impacts.
- Major blow for Mexico as US refuses to extend USMCA
- VENEZUELA: Earthquake devastation threatens economic recovery
- BOLIVIA: Gov’t tallies economic impact of protests
- ECUADOR: Severe El Niño could impact crucial shrimp industry
- ECONOMIC HIGHLIGHTS
- BRAZIL: US tariffs that could have been worse for Lula
- REGION: South America eyes open skies accord
- ARGENTINA: Government reassures markets foreign debt can be paid
- ECONOMIC HIGHLIGHTS
- REGION: Foreign direct investment falls slightly
- NICARAGUA: Debt rising but credit rating remains stable
- TRINIDAD & TOBAGO: Business and the state of emergency
- HAITI: Is investment the way?
- ECONOMIC HIGHLIGHTS
- MEXICO: Gross fixed capital formation rebounds
- MEXICO: World Cup tourism numbers present a mixed picture
- ECONOMIC HIGHLIGHTS