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Carlos Pólit trial: Former Odebrecht executive admits having given money to Correa’s former advisor

Geraldo de Souza, who worked in the financial area of ​​Odebrecht in Ecuador, admitted that he lied in Ecuador and that he knew that the envelopes he gave to Pamela Martínez contained money. From Miami, Florida. The third day of the trial against former comptroller Carlos Pólit...
Posted On 11 Apr 2024
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Mexico: senator apologizes for Latin American bullying of Ecuador

Mexico: senator apologizes for Latin American bullying of Ecuador Senator Lilly Téllez said that the Mexican Embassy should not be a den of criminals, and that AMLO made them look ridiculous. Not hesitate. The Mexican senator, Lilly Téllez, extended public apologies to the...
Posted On 10 Apr 2024
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Noboa speaks out after Glas’ arrest: ‘Ecuador’s agenda is imposed by the majority’

The President received the Baton of Command in Otavalo, where he took the opportunity to refer to his decisions as a representative of the Government. President Daniel Noboa received the Staff of Command in an indigenous ceremony in Otavalo, where he took the opportunity to refer...
Posted On 09 Apr 2024
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Foreign Minister Gabriela Sommerfeld spoke about what happened at the Mexican Embassy

In an interview for Teleamazonas, the Ecuadorian Foreign Minister, Gabriela Sommerfeld, referred to the events that occurred last weekend, from the arrest of former Vice President Jorge Glas, to the reactions that this has generated. The official explained that on repeated...
Posted On 08 Apr 2024
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These are the pending cases of Jorge Glas with the Ecuadorian justice system

The former president has pending issues with the Ecuadorian justice system that will remain stagnant due to the diplomatic asylum process. Since April 5, former Vice President Jorge Glas has been a member of the group of Correísta militants who have received political asylum from...
Posted On 05 Apr 2024
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IMF calls on Ecuador to guarantee macroeconomic and fiscal sustainability

The International Monetary Fund (IMF) called on Ecuador this Thursday to guarantee macroeconomic and fiscal sustainability, a month after President Daniel Noboa announced that he is negotiating a possible agreement with the institution. “In Ecuador, the authorities have...
Posted On 04 Apr 2024
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Fedexpor: Collapse of the Baltimore bridge may affect export logistics

The collapse of the Baltimore bridge could congest other ports in the United States to which exports from Ecuador also arrive. The collapse of the Francis Scott Key Bridge in Baltimore, Maryland, in the United States, has caused concern in the Ecuadorian export sector due to the...
Posted On 03 Apr 2024
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Remittances received by Ecuador in 2023 were the highest in dollarization

On the other hand, foreign direct investment registered the lowest amount in 2023, at least since 2016, with an amount of USD 372 million, according to the Central Bank. In 2023, Ecuador recorded USD 5,448 million in remittances received, the highest amount achieved in...
Posted On 02 Apr 2024
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VAT at 15% applies from April 1, 2024

People who purchase goods and services – taxed with value added tax (VAT) – will pay 15% for this tax from April 1, 2024. This means three percentage points more, in relation to the percentage in force until March 31, 2024. That is, 12%. The VAT increase is contained i...
Posted On 02 Apr 2024
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Witness says he heard Leandro Norero speak with Rafael Correa by video call

A former cellmate of drug trafficker Leandro Norero, named Marcelo Lasso Saavedra, who has described himself as his “trusted man,” has testified during his anticipated testimony at the hearing for the Metastasis Case, which he witnessed, in two occasions,...
Posted On 28 Mar 2024
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