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AP proposes to include ‘snacks’ in tax hike

  Legislator Vanessa Fajardo (AP), of the Commission of the Economic System, proposed that snacks with high sugar content are included in the tax increment that will be made with the approval of the bill for the balance of the Public Finance, which is processed by the...
Posted On 14 Apr 2016
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Semi-submersible containing cocaine is seized in the Ecuadorian Pacific coast

  Nearly six tons of cocaine were seized in a semi-submersible in water of the Ecuadorian Pacific coast, near the border with Colombia, in a joint operation with the US, reported Colombian authorities on Wednesday. “Thanks to intelligence work of the National Navy, the...
Posted On 14 Apr 2016
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Council of Citizen Participation and Social Control calls on journalists by Mossack Fonseca leakage

  Through a resolution and a public letter, the Council of Citizen Participation and Social Control (CPC) convened journalists Arturo Torres, Andres Jaramillo and Alberto Araujo, of daily El Comercio, and Monica Almeida, Xavier Reyes and Paul Mena, of daily El Universo,...
Posted On 14 Apr 2016
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The origin of the tuna, the new hurdle for selling to the EU

  Everyone is concerned about whether the agreement with the European Union is approved this year or not, and if exports will continue to arrive to Europe exempted from tariffs. But the countdown is over for the tuna and fish sector. This sector, whose subheadings exports...
Posted On 14 Apr 2016
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‘Doubts’ on Coca Codo, until the settlement of the contract

  Some yellow lights turned on intermittently in the engine room, after he pressed a button accompanied by his son. With this latest action, Vice President Jorge Glas yesterday started up four of eight turbines of the hydroelectric project Coca Codo-Sinclair. His wife...
Posted On 14 Apr 2016
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UNP calls for cessation of harassment to journalists who took part in the Panama Papers investigation

  The National Union of Journalists (UNP) said Tuesday that the call of the Commission of Justice of the National Assembly to six Ecuadorian journalists who took part in the Panama Papers investigation, is a “flagrant constitutional violation” and called for the...
Posted On 14 Apr 2016
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The bad omen of the Monetary Fund

    There are two contrary figures. The State Budget is badly done. It records accounts as investments, although these are current expenditure. Nor debt is recorded as well. What figures are seen by the IMF, but not by Ecuador? Ramiro Aguilar, Independent   The IMF provides...
Posted On 14 Apr 2016
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The rate of unsecured loans rises and depends on the loan term

  The interest rate of unsecured loans granted by the Bank of the Ecuadorian Institute of Social Security (Biess) has increased since March. The nominal interest rate of these loans rose from 9.75 to 11.07%, but can reach a 13.75%, according to the credit term. Until...
Posted On 14 Apr 2016
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Citizens and workers will march today in Quito

  Workers organizations opposed to the government today called for a mobilization against public policies. As it is already a tradition, will concentrate in the Social Security headquarters, in north central _ Quito, from 16:00. They will march towards the Constitutional...
Posted On 14 Apr 2016
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US report on human rights points to Ecuador

  The United States Wednesday accused Venezuela of Cuba of publicly and unashamedly repressing civil society and Nicaragua, Bolivia and Ecuador of doing so appealing to onerous bureaucratic procedures. In Ecuador, the government of President Rafael Correa “continued to...
Posted On 14 Apr 2016
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