Fall in oil prices, will not affect the economy of Guayaquil, according to Mayor

The Mayor of Guayaquil, Jaime Nebot, clarified on January 6 that the city will not suffer due to the drop in international oil prices. The reason, according to him, there is sufficient liquidity and a healthy economy in the Municipality. Nebot highlighted the austere city...

CAN exports fell by 4.0%

The multilateral trade among the countries of the Andean Community of Nations (CAN) reported a fall from January to July of 2014, the entity said. Exports from the 5 members countries decreased by 4.0% during the months indicated, with a total of $ 5.562 million, while in 2013...

Markets fall after the re-election of Rousseff in Brazil

The re-election of Brazilian President Dilma Rousseff collapsed on Monday, October 27 the stock exchange and the real (Brazilian currency),revealing the challenges she faces to unite the country and revive the stagnant economy. The markets, that preferred the defeated...

Cosmetic imports fall in a 35% from January to June 2014

Cosmetics purchases to the exterior fell at 35% until the first semester of 2014, a 10% more than what was projected following the signing of an agreement between the Government and Procosméticos (Yanbal, Avon, Koala and of the Belcorp), to lower the imports in last January.  The...