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Senior underemployment increase

  They are personages with timeless and repeated stories, skin painted by the sun, few teeth and faces full of wrinkles, but equally full of tenderness. They lack a social security, a work to survive, when they should be enjoying their retirement at this stage of their lives....
Posted On 17 May 2016
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Oil continues its price escalation and closed at $ 47.72 

  Texas Intermediate oil (WTI) rose by 3.26% yesterday and closed at $ 47.72 per barrel, its highest level in five months, a $ 1.51 advance over the previous close. The benchmark oil in the US, which is used as an indicator for Ecuador, continued its upward trend of recent days...
Posted On 17 May 2016
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40 detained people in 7 provinces for extortion, micro-trafficking and vehicle theft

  Five alleged criminal organizations engaged in extortion, theft of vehicles, homes and commercial premises, illegal possession of weapons and micro-trafficking were dismantled the early hours of May 17, in a simultaneous operation in seven provinces. This was announced by...
Posted On 17 May 2016
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Importation of inputs for construction fell by 47%

The crisis in the construction sector is reflected, among other things, in the slump of imports of transportation equipments and materials during the first quarter of this year compared to the same period of 2015. The import of building materials fell by 46, 7% in that period,...
Posted On 17 May 2016
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According to the ISSFA, the state owes $ 361 million

  A new conflict is faced by the Government and the Institute of Social Security of the Armed Forces (ISSFA). As confirmed by Defense Minister Ricardo Patino, last May 10th the Finance Ministry debited $ 41 million from the military accounts due to the sale of 66 lots of...
Posted On 17 May 2016
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A motivating civic day a month after the earthquake

The national flag flames incessantly with the sea breeze at the foot of the Pedernales pier, this Manabi county was close to the epicenter of the earthquake of April 16 that devastated this area in an 80%. The tricolor flag, of 10 x 15 meters, waves on high, between the desolate...
Posted On 17 May 2016
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Contecon files a lawsuit against DPW

  The management company of the port of Guayaquil (Contecon), a subsidiary of the International Container Terminal, filed a complaint before the Superintendent of Control of Market Power against DP World (DPW) and Dubai World Corporation (DWC) for alleged unfair practices...
Posted On 17 May 2016
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FUT: the Government took advantage of the earthquake to rise and create taxes

  The Unitary Workers Front, along with other social organizations have expressed at a news conference that the government “took advantage” of the earthquake of last April 16 to create more taxes.   Pablo Serrano, president of Ecuadorian Confederation of...
Posted On 17 May 2016
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Petroecuador former manager Alex Bravo awaits for hearing at the Flagrante Delicto Unit

  Former manager of Ecuador Alex Bravo, who was arrested this morning in Tumbaco in order to conduct investigations of alleged influence peddling, was transferred to the Flagrante Delicto Unit of Quito to make a statement. Bravo arrived at the judiciary unit of the capital,...
Posted On 17 May 2016
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The Government dissociates itself from Alex Bravo

  He repeated at least three times, “Mr. Alex Bravo, former manager of Petroecuador, is not a political official of this government.” Thus, Alexis Mera, legal secretary of the presidency, tried to justify the relationship with the former official, involved in...
Posted On 17 May 2016
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