LatinNews Daily - 24 November 2025

*Ecuador’s President Daniel Noboa has hailed the fact that the country’s country risk, which measures the uncertainty associated with investing, was at 677 points yesterday, down from 1,915 points on 23 November 2023 – the day he first took office, after winning a snap general election. However, his claims follow a rise in country risk following the 16 November referendum in which voters rejected all four of his proposals, including plans to draft a new constitution and allow the return of foreign military bases. Ecuador’s country risk was at 652 on the day of the referendum before jumping to 690 the day after, according to central bank figures. Writing on social media, Noboa also said that as of yesterday, the poverty rate was 24%, down from 27% on 23 November 2023, while inflation was running at 1.24% in annual terms down from 1.93% two years ago.

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