Day

  The whole history of the exploratory drilling in Fruta del Norte, one of the five richest gold deposits in the world still unexploited in Zamora Chinchipe, is stored in 171,800 meters of rock cylinders. These are so-called “witnesses,” geologists used to find...

  Closure periods reactivate jobs, especially companies that provide maintenance services to these vessels, like welding, painting, electrical systems, among others. These activities fuel a bit more the economy of those sectors.   “There are many people who look...

  It occurs less in the civilian than in the military life, but inequality persists. This despite President Rafael Correa sought to eliminate the gap between officers and troops with a decree. The provision signed by the president sought to leave ‘distinctions’...

  When it comes to to check the health of an economy, like the Ecuadorean, money trail shold be followed. Gringos say, “follow the money,” former finance minister Francisco Swett quotes. In Ecuador, credit is stagnant and that makes money less available. Another...

  The formula at the moment does not generate what the country’s economy needs: more dollars. At least for this purpose the Law for the Balance of Public Finances was created. A standard that increased the tax on special consumption (ICE) for beer and cigarettes. Last...

  China serves as the financial buoy for African or Latin countries, such as Mozambique and Venezuela. Even a book catapults the loan bonanza that has spread throughout the world as “The silent Chinese conquest,” because it was not through military means, but...

  On August 6 Pachakutik will be the first party to conduct internal elections in order to choose its presidential candidate for the 2017 elections. Adherents who wish to nominate wil have to go to the provincial offices of the National Electoral Council (CNE) that day....

  165 million boxes were sent abroad in the first half of the year. This means a 0.5% increase compared with the same period of 2015, according to Eduardo Ledesma, president of the Association of Banana Exporters of Ecuador (AEBE for its Spanish acronym). According to the AEBE,...

  Since the Legislative Branch normalized its activities after the Constituent Assembly and the formation of the Legislative Commission or “Little Congress,” the Assembly has witnessed at least 20 attempts to impeach public officials; 19 of them shelved or without...

  Amid debts with the export sector, Ecuador seeks to annex broccoli, tuna, flowers and artichokes to the list of 400 subheadings of products entering without tariffs to the United States through the benefits of the General System of Preferences (GSP). The last renewal of that...