Negotiations for overcoming crisis in Panama

The Spanish company Sacyr, responsible for the Panama Canal expansion, promised to process claims and negotiate with the management to address the threats of paralyzing the works. “The commitment of the consortium is that all claims  will be addressed within the contract...
Posted On 07 Jan 2014
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Ecuador renews preferential tariffs with the EU

Countries such as Bolivia, Costa Rica, Ecuador, Peru, and Paraguay were benefited from the renewal of  the tariff preferences from the European Union. According to reports, the European Union (EU,) published on  January 4 in its official journal the news that Ecuador is one of...
Posted On 07 Jan 2014
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Ecuador proposes the use of local products for fast food

After a meeting with the commercial sector and entrepreneurs, the Minister of Industries, Ramiro Gonzalez said that both the meat and potatoes used by fast food chains shall go through a process of import substitution; meaning that a part of what is now imported  in the future...
Posted On 07 Jan 2014
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Fundamedios presents report with 174 attacks on freedom of expression

The Andean Foundation for Media Observation & Study (Fundamedios,) published a report which registers that the 2013 was the year with more “aggressions” against freedom of expression. 174 aggressions against media, journalists and citizens during 2013 are...
Posted On 07 Jan 2014
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CNE approves 27,895 candidates for elections

Through his twitter account, the National Electoral Council reported that 27,895 are qualified candidates who are ready to begin this January 7 their campaign activities for the sectional elections to be held on February 23. The national coordinator of electoral processes, Rene...
Posted On 07 Jan 2014
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Ecuadorians top the list of nationalizations in Spain

Ecuadorians, Colombians, Peruvians and Moroccan top the list of a total of 71.383 immigrants who could obtained the Spanish nationality, according to a report of the General Council of notaries in 2013. According to the report of the General Council of notaries, the largest...
Posted On 07 Jan 2014
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The Infanta Cristina of Spain accused in corruption case

The infanta Cristina, 48-year-old, youngest daughter of King Juan Carlos of Spain, was accused in a 200-page ruling by the judge of Palma de Mallorca, Jose Castro, of  money laundering and tax fraud and summoned her to appear before the Court on March 8. The husband of the...
Posted On 07 Jan 2014
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Federal Reserve will be directed by Janet Yellen

Through 56 votes in favour and 26 against, the nomination of Economist Janet Yellen as the new responsible for directing the U.S. Federal Reserve was approved. The Reserve, which has existed for 100 years, will have its first woman in charge. The Economist will replace Ben...
Posted On 07 Jan 2014
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All Saints Church will be finished this month

The church of All Saints located  in the city of Cuenca has a new facade after a long restoration process that took five years of work. This work was carried out by the Municipality of the city of Cuenca. This temple was built by the Oblatas Mothers  in the early twentieth...
Posted On 07 Jan 2014
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The 4G network arrived but 85% of users remain in 2G

The network’s fourth generation (4G), also known as LTE, is working in Quito and Guayaquil, since last December. The  National Council of  Telecommunications (Conatel) approved  on 18 October of 2013 the new frequency allocation. Last December, the National Corporation for...
Posted On 07 Jan 2014
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