Ecuador Recall Drive: Ecuadorian social organizations have launched the formal recall push against President Daniel Noboa and Vice President María José Pinto, aiming to collect signatures equivalent to 15% of registered voters (over 2 million) to trigger a referendum. Petitions are set to be submitted to the National Electoral Council on June 5, with organizers citing broad public disapproval tied to security, the economy, and social spending cuts. Oil & Arbitration: A U.S. federal judge ordered Ecuador’s state-owned oil shipping company to arbitrate a $650 million fraud lawsuit tied to the impeachment-era Lasso scandal, upholding the enforceability of underlying arbitration clauses. Crypto Payments in Ecuador: Visa says on-chain crypto card spending hit a record $7.8 billion, with stablecoin-linked cards expanding across Latin America, including Ecuador. El Niño Watch: NASA and European partners report warm-water buildup in the Pacific off South America, a sign El Niño could intensify later in 2026—raising risks for regional rainfall swings that can affect Ecuador’s economy and logistics. Security & Trade Context: Ecuador’s banana sector faces ongoing trade pressure in the region, while broader Andean trade disputes continue to shape market conditions. World Cup Ticketing Pressure: FIFA World Cup 2026 ticket prices are pricing out many fans in host cities, including Kansas City—an indirect hit to travel and local spending.