PAIS Alliance, a not so wide majority and at the expense of not having defectors

A multi-colored painted map reflects the triumph of Alliance PAIS – the government’s party that will continue to have a majority in the Legislature – and also means a loss of seats: it will have 26 legislators less. In 2013 the party obtained 100 seats, and from...

The Prosecutor’s Office decides not to file charges in the ‘Frequencies’ case

Gerardo Moran, a key witness, changed his declaration relieving the three suspects of the alleged illegal sale of radio and television frequencies from liability, a case that began after a complaint by Secretary General Paola Pabon. Judge Mabel Tapia, president of the court that...

67% of the military personnel will contribute less to the Issfa

  Until yesterday 10,636 military decided to benefit from the new contribution percentage of the Social Security Institute of the Armed Forces (Issfa), which was previously 23% of their monthly income and now is 11.45%, as established by the Law for the Regimes Strengthening...

A court closed the petition for nullity of presidential elections filed by Andres Paez

The Ecuadorian Electoral Court (TCE) closed the petition for annulment of the runoff held on April 2nd, filed by Andres Paez, a former candidate for the Vice Presidency of the Creando Oportunidades party (CREO), reported Monday, April 24 the President of the National Electoral...

A countdown for Rafael Correa, after decade in power

The start of school in the Coastal region of the country coincides with the last 31 days of President Rafael Correa in office. His work agenda started the morning of April 24 began surrounded by children in the exteriors of the Ciudad of Riobamba school, in the south of...

Rafael Correa affirms that a former official of his government did not receive bribes

“It was not a bribe because he was not a civil servant, Alecksey was a minister from July 2007 until July 2009 and he received that payment in February 2011,” said President Rafael Correa during a talk with the media on Monday, April 24. He explained that as a private...

An informer is the owner of a company that paid bribes in Ecuador

The Ecuadorian Prosecutor’s Office identified the Klienfeld Consulting Corp as the company responsible for transferring bribes paid by the Odebrecht. This offshore company, based in Panama and represented by Mossack Fonseca, is owned by RicardoTrombeta, one of the informers...

Technology, the ideal ally for SMEs

A study called ‘Facing uncertainty. Practices and trends of cost improvement in Ecuador’ shows that an appropriate approach to dealing with times of economic difficulty “is to automatize or make a re-engineering” to the usual processes of a company....