Ecuador, OPEC’s most sacrificed partner

Ecuador receives the agreement of the Organization of Petroleum Exporting Countries (OPEC) to reduce the oil world production from two entirely opposing points of view. The country is the third smallest member of the cartel concerning extraction and also the second that fewer...

Barcelona wins its 15th victory in the National Championship

The Barcelona Sporting Club was crowned Champion 2016 after winning against Mushuc Runa, in the Bellavista stadium of Ambato, yesterday afternoon. With a result of 4-2, the fans celebrated the 15 victory of the Guayaquil team in the national championship. Jonathan Alvez takes the...

Israel complains about statements of Ecuadorian ambassador at the UN General Assembly

Last Friday, the Israeli Embassy in Ecuador addressed a verbal note to the Ecuadorian Foreign Ministry protesting against the comments made by the local ambassador to the United Nations, Horacio Sevilla, at the UN General Assembly. Sevilla advocated the immediate establishment of...

Figures from the Ministry of Finance and the BCE on oil presales do not match

Ecuador’s oil presales to China and Thailand reached $ 8,535 million in eight years (between 2009 and August 2016), according to figures released by the Ministry of Finance. The information also states that, of this amount, Ecuador has already paid some $ 6,853 million in...