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Attorney General´s office: 16 million left the Ecuafutbol without a justification

  The accounts of the Ecuadorian Football Federation (FEF for its Spanish acronym) are unclear. USD 16 million have not been legally justified, according to the Attorney´s office. That money is tracked since last December when investigations into an alleged money laundering...
Posted On 28 Sep 2016
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Commission analyzes four more changes in the ISSFA and the ISSPOL

  The final debate is close, and the Worker Rights Commission is already polishing the final document it will send to the plenary of the Assembly. From Monday 26, legislators analyze four changes to the original bill submitted by the President and which poses reforms to the...
Posted On 28 Sep 2016
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Ecuador placed USD 1 000 million in bonds at a 10.75% rate

  Yesterday Ecuador resorted again to international markets in search of financing. The country issued bonds for $ 1 000 million, with a 10.75% yield and maturing in 2022. According to a terse bulletin of the Ministry of Finance, Ecuador’s offer attracted 119 investors...
Posted On 28 Sep 2016
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Ministry of Labour takes a step back in the ‘Hoy’ case

  Labor inspector Alex Cordovez Holguin, in charge of the case of the extinct Daily Hoy, decided yesterday to undo what was done 14 days ago. The debt of 3.2 million dollars of Edimpres with 204 former employees was distributed among 278 shareholders of the company in...
Posted On 28 Sep 2016
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The opposition announces a sit-in against the decoration of Cristina Kirchner

  In the entrance hall of the Legislative Palace, opposition Assembly members gave a press conference to reject the award to Argentina’s former President Cristina Fernandez de Kirchner. There, they spoke to reporters after coordinator of Institutional Communication...
Posted On 28 Sep 2016
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Ecuador falls fifteen positions in the World Economic Forum competitiveness ranking

  The World Economic Forum disclosed in Geneva the results of the Global Competitiveness Report and indicated a fall for Ecuador. The country passed to the 91st position among 138 countries, while last year it stood at the 76th position among 140 economies analyzed. This is...
Posted On 28 Sep 2016
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Argentine ambassador to Ecuador questions decoration to Cristina Fernandez

  Luis Juez, Argentine ambassador to Ecuador, questioned the presence of former President Fernandez in the country to receive the ‘Manuela Saenz’ award. He said that the former president does not represent the Argentines and doubts about her honorability. In an...
Posted On 28 Sep 2016
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The CNE delivers electoral regulations to the Adelante Ecuatoriano Adelante party

  Without the presence of the leader of the Adelante Ecuatoriano Adelante party, Alvaro Noboa, the National Electoral Council (CNE for its Spanish acronym) delivered the regulations for the forthcoming elections to be held in February 2017. The responsibility of the meeting,...
Posted On 28 Sep 2016
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