Daily La Hora files a suit against a fine imposed by the Supercom

Thursday April 27, Luis Vivanco, general editor of Daily La Hora, and the lawyer of the media Santiago Guarderas, filed a constitutional protection action against the sanction imposed by the Superintendency of Communication (Supercom) in the Drawings Room, located in the center...

The Ecuadorian Interior Ministry asks the Police to investigate the ‘blue whale’ challenge

The ‘blue whale’ challenge began in Russia in 2015 and was viralized through Vkontakte, the Russian Facebook, according to Infobae. The ‘blue whale‘ poses some challenges for teenagers. One, for example, is to watch horror movies without interruptions for...

Augusto Espín: ‘Petroamazonas bonds will serve to pay debts to suppliers’

In an interview with Daily El Comercio, Minister of Strategic Sectors Augusto Espín revealed that the issuance of USD 355.2 million in international bonds by Petroamazonas is “geared towards the payment to suppliers,” thus, “recognizing the debt with...

Teak and balsa investments knocked down by the winds

The teak and balsa plantations of 80% of the members of the Ecuadorian Association of Producers of Teak and Tropical Timber (Asoteca) have been affected by the strong winds recorded in the coast, reported Xavier Elizalde, executive director of the organization.   It is...

Social housing is a new credit target

This year, the financial sector launches proposals aimed at meeting the demand for social housing, which can be accessed with a minimum down payment of 5% and interest rates from 4 to 8%. In some cases, the improvement of conditions is seen as a strategy to boost sales in the...

Two defendants in the Frequencies case will sue the state for moral damages

Tulio Muñoz and Diego Arellano await the notification of the judgment of theFrequencies case to sue the State for moral damages. They and Marcos Parraga, a former member of the Council for the Regulation and Development of Communication (Cordicom), were acquitted last Monday...

The estrangement of Nebot and Lasso 

The estrangement turned into rivalry between Nebot and Lasso has been the product of a long-term escalation: Lasso’s contempt towards the PSC (Social-Christian Party) for its defeat in 2013, the failed Unity coalition, where Nebot intentionally excluded the CREO party, the...

Leon Roldos: ‘I am worried that before the high indebtedness, the government adopts the proposal of Varoufakis’

With regard to the government transition process, which involves the departure of President Rafael Correa and the arrival of President-elect Lenin Moreno, former vice president Leon Roldos believes that the political and economic will must prevail to maintain dollarization. This,...