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Cofiec Members dismissed

The Superintendency of Banks decided to remove the five members of the Cofiec Bank Board and imposed financial penalties to five other former officials. This decision was given after an inspection to the granting of a $ 800,000 credit to Gaston Duzac, which is currently unpaid....
Posted On 11 Oct 2012
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CNE will allow exit polls

The National Electoral Council (CNE for its Spanish acronym) amended the Article 20 of the Election Observation Regulation, which forbids observers to proclaim electoral forecasts, using exit polls. The President of the CNE, Domingo Paredes, reports that the tool can be used for...
Posted On 11 Oct 2012
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Clasico del Astillero’ ends with a tie

The ‘Clasico del Astillero’ between Barcelona and Emelec, held last night in New York city, finished with a 1-1 tie. In the first stage, Emelec controlled the game with more scoring chances than the canary team. At the minute 76, Walter Iza, put the blue team in...
Posted On 11 Oct 2012
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Demonstrations Against the IRS on Favor of Alvaro Noboa

This Thursday morning over 300 workers of the agricultural companies of Noboa Corporation demonstrated their contempt in the IRS offices so they cease with the political persecution against Alvaro Noboa and let them work in peace. The manager of the farm La Clementina, Bernardo...
Posted On 11 Oct 2012
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Today began the Book Fair

This morning the III International Book Fair was inaugurated by the Ministry of Culture, accompanied by music, poetry and art. From 18:00, the  White Navy Band will be performing outside the Simon Bolivar Cultural Center (MAAC), where the fair is located. Later, authorities will...
Posted On 11 Oct 2012
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Turkey Cuts the Power of Syria

This Thursday Turkey stop providing energy to Syria, however, high officials pointed out that it was because of some network problems the neighboring country and not a political decision. The minister of Energy of Turkey, Taner Yildiz, said that Syria decided to stop buying...
Posted On 11 Oct 2012
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‘Sin Otoño Sin Primavera’, Premiere Today In Ecuador

Denominated as a “punk ballad“, Ecuadorian film ‘Sin Otoño Sin Primavera’ premiere this week in the national cinemas after a long process of working and waiting. Last Tuesday, director Ivan Mora along his production team and the cast gave a press conference where he...
Posted On 11 Oct 2012
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Controversy over Febres-Cordero Monument in Guayaquil

The Municipality of Guayaquil sticks to the right of resistance against the sentence from the Superior Court of Guayaquil, which prevents the placement of the bust in honor of the late former president, Leon Febres-Cordero, in El Fortin, near the Malecon Simon Bolivar. The...
Posted On 11 Oct 2012
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Bunay Pressed the Middle People of COFIEC

Marcelo Ordonez, former Finance manager of COFIEC bank, was the one who approved the transfer of the $ 800,000 credit to the foreign accounts of the Argentinean Gaston Duzac, under the order of Antonio Bunay, former president of the company. Meanwhile Patricia Sandoval, former...
Posted On 11 Oct 2012
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Maduro will become Vice-president of Venezuela

Yesterday afternoon, Venezuelan President Hugo Chavez, was declared  the winner of the October 7th elections, with 55.26% of votes, keeping him for the fourth consecutive period until 2019. During a ceremony held at the National Electoral Council (CNE), Hugo Chavez announced a...
Posted On 11 Oct 2012
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