Ecuador suspends residential power cuts for holidays but continues industry rationing amid a severe energy crisis.

Ecuador's government has suspended residential power cuts for the holidays amid an energy crisis but continues rationing for major industries like mining and cement, causing $700 million weekly losses. The crisis, due to drought and mismanagement, has led to daily blackouts. Despite importing electricity from Colombia to avoid residential cuts, the country remains largely reliant on hydroelectric power, and experts say the crisis isn't over yet.

3 months ago
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