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Leader of Los Caballeros Templarios cartel of Mexico is arrested

Servando Gómez, alias “La Tuta,” considered Mexico’s most wanted drug lord and the only leader released of the weakened Los Caballeros Templarios (Templar Knights) cartel, was arrested on early Friday by the Mexican federal police. Gomez was captured in Morelia,...
Posted On 27 Feb 2015
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Petroamazonas highlights increase in its production

Petroamazonas EP said this Thursday in a statement the increase of 10.5% of its production in 2014, that reached a daily average of 361,072 barrels of oil compared to 326,596 barrels in 2013. The result is due to an enhanced training of the technical staff of the company, said...
Posted On 27 Feb 2015
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China surpassed in 2014 both the IDB and the World Bank as a creditor

China provided last year $ 22,100 million to Latin America, a bigger amount than the 20,000 million of combined funding from the World Bank (WB) and the Inter-American Development Bank (IDB) and the mostly concentrated part in Brazil, Argentina, Venezuela and Ecuador. In 2014,...
Posted On 27 Feb 2015
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Prosecutor raids Terrabienes building for investigations

Prosecutor Walter Suárez raided this Thursday, February 26 the administrative building of the Terrabienes real estate company in the north of Guayaquil, as part of the research process by the approximate 150 complaints received in the Guayas Prosecutor´s office for the alleged...
Posted On 27 Feb 2015
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Alianza PAÍS launched campaign for identity cards

Yesterday, Alianza País launched its 2015 campaign to update data and identity cards. Last year, 250,000 people joined the political group. Now the goal would be to reach the one million members. There will be service points in the provincial headquarters and the out-of-country...
Posted On 27 Feb 2015
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$35 K is the limit for electric vehicles to not pay taxes

Only electric vehicles imported that have a cost of up to $ 35,000 will be fully exempt from duties and taxes, indicated the Minister of Production Richard Espinosa. Espinosa explained that these vehicles will be “exempt from all, 0% duty, 0% special consumption tax, 0% VAT...
Posted On 27 Feb 2015
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Colombia and Ecuador sign agreement of telecommunications

Colombia and Ecuador subscribed this Thursday February 26 a telecommunications agreement that will allow both countries a coordinated management of radio spectrum for the provision  services of radio and television in the border area, the Colombian government said in a statement....
Posted On 27 Feb 2015
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6500 workers will suffer a reduction in their salaries

The Minister of Labour Carlos Marx Carrasco announced yesterday that 6500 workers of the superior level of all state functions will have a reduction in their unified monthly salaries. Of the ten existing scales, the first will earn USD 2115; while the one that is on the tenth...
Posted On 27 Feb 2015
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Internet is declared as a public service in the United States

The US Federal Communications Commission (FCC) yesterday approved the proposal to consider internet as a public service, which prohibits service providers block certain content online to ensure its equitable use. The decision, with three votes in favor and two against, was backed...
Posted On 27 Feb 2015
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Ukrainian troops began withdrawal of heavy weapons in conflict zone

The Ukrainian Army announced on Thursday the withdrawal of its heavy weaponry from the line that separates their positions of pro-Russian militants in the conflict zone in the east. “In compliance with the agreements reached in Minsk on February 12, Ukraine begins today to...
Posted On 27 Feb 2015
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