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Bakers keep the price of common bread at $ 0.12

The government announced, after a three and a half hours metting with members of the National Federation of Bakers (FENAPAN for its Spanish acronym) at the Ministry of Agriculture, that the price of common bread is going to remain at $ 0.12 until further notice. The announcement...
Posted On 13 Sep 2012
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Pope Benedict XVI will Visit Lebanon

This Friday, September 14, Pope Benedict XVI will make a calling regarding the civil conflicts, especially in Syria. “The spiral of violence (in Syria) and hatred, which are pointless, and to stop financing and arming both the regime and the opposition,” stated the pontiff. The...
Posted On 13 Sep 2012
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Machala prepares to pick new Banana World Queen

Seventeen candidates from around the world are getting ready for the election of the Banana World Queen, to be held on September 22 in Machala. Representatives of Brazil, Argentina, Germany, Colombia, Costa Rica, United States, El Salvador, Guatemala, Mexico, Nicaragua, Panama,...
Posted On 13 Sep 2012
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Pyromaniacs Light Fires at Metropolitan Park

QUITO, Ecuador Officers from the Metropolitan Police of Quito, who were suffocating a fire in the Bellavista neighborhood, observed two people throwing Molotov cocktails at the Metropolitan Park trees. “They fled on a motorcycle after they made the fire,” expressed...
Posted On 13 Sep 2012
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Lack of Liquidity in Interbank Cause Rise of Rate

The government ordered private banks to buy bonds of Petroecuador during the first days of this week, to reduce liquidity in the market, and not to increase inflation and finance the payment of overdue obligations This instance has generated interbank rates rise to 45% by reduced...
Posted On 13 Sep 2012
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