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Carlos Pareja Yannuzzelli will be linked to criminal investigation for bribery

  The Attorney General’s Office announced on October 3, 2016, that Carlos Pareja Yannuzzelli, former manager of Petroecuador and former Minister of Hydrocarbons, will be linked in criminal proceedings over an alleged bribery. For this case, the prosecution has filed charges...
Posted On 04 Oct 2016
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2,400 cars are dammed

The last quota of the year the automotive sector had to import vehicles finished in five hours and 2,400 units are dammed in the Customs office. The record time, say the business owners in the country, shows the deficiencies of this system and therefore they hope the announcement...
Posted On 04 Oct 2016
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Prepaid medicine companies warn of a ‘catastrophe’ in the sector

  The prepaid medicine sector ensures that the presidential veto on the bill that regulates companies that finance integrated care services of prepaid health and insurances that cover medical care could “have negative effects” and warn of a possible catastrophe in the...
Posted On 04 Oct 2016
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Army Commander requests that Assemblyman Virgilio Hernandez apologizes

Commander of the Land Forces, General Luis Castro Ayala, would have requested a public apology by the legislator of Alianza PAIS Virgilio Hernandez, after expressing during a plenary session he imposed penalties on members of the armed forces for not washing the car of a superior...
Posted On 04 Oct 2016
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The anchorage of the shipping companies

  With pulverized freight rates and a world trade in reverse, the shipping industry is experiencing one of its worst crises. This crisis docks in Guayaquil ports, where more than 90% of the business of containerized cargo in the country is based. Neither mergers or joint services...
Posted On 04 Oct 2016
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The next government will have to take radical economic measures, analysts say

The tasks of the next government become clearer. Nothing should be done like before, says former finance minister Fausto Ortiz; there is a debt to pay first. He proposes a similar way to repay the debt with China: getting a new debt but under better conditions. The business...
Posted On 04 Oct 2016
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Ecuador loses more if the peace process is not achieved in Colombia

  One day after the victory of the No to a peace agreement with the FARC in the referendum held in Colombia, the Ecuadorian government and political analysts deplore the election result, because they believe that Ecuador loses with that decision. “Peace is essential for...
Posted On 04 Oct 2016
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Retired Navy officers write to Rafael Correa

  The Association of Retired Navy Officers made public yesterday an exhortation addressed to President Rafael Correa, which asks him to “stop offending” the armed forces and its people, and shows their support to Lieutenant Commander Edwin Ortega, who received a...
Posted On 04 Oct 2016
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Ecuador owes $ 4 billion to the Central Bank

The government maintains a balance of $ 4,000 million with the Central Bank. This was confirmed yesterday by the manager of the Central Bank Diego Martinez. The official explained that these operations prevent the loss of dollars into the financial system or the fall of deposits....
Posted On 04 Oct 2016
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The opposition warns on media inequality

Article 115 of the Ecuadorian Constitution prohibits the use of state infrastructure for the election campaign. The opposition appeals to this standard to criticize the public media coverage of the Convention of the Alianza Pais party. Ecuador TV and El Ciudadano TV as well as...
Posted On 04 Oct 2016
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