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BCE confirms support of electronic money

The Central Bank of Ecuador (BCE for its Spanish acronym) yesterday issued a resolution that contained the Title I of theProcedure and Operation Manual (MPO) of the electronic money system. This advance contains three articles in which the BCE says that “electronic money in...
Posted On 04 Jun 2014
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BCE invests gold reserves in the International Market

The Central Bank of Ecuador (BCE for its Spanish acronym) announced it invested some of its gold reserves ( 466,000 ounces) in the international market. This was done through the Goldman Sachs International U.S. bank , a company that also made a gold operation with Venezuela in...
Posted On 04 Jun 2014
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G7 Meeting takes place today in Brussels with absence of Russia

Brussels will host the G-7 meeting marked by the absence of Russia, participant country in the last 17 years of the reunion due to Vladimir Putin´s interference in the crisis Ukraine lives for several months now. The G-7 meeting will mainly address the relations with Russia and...
Posted On 04 Jun 2014
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Rodas extends deadline to build the subway in Quito

The Mayor of Quito Mauricio Rodas extended the deadline, from 36 to 42 months, for the construction of the subway in this city, with the intention to avoid the increasing cost of the work. This change was made so that the term does not force to hire more staff and equipment. The...
Posted On 04 Jun 2014
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Lack of progress in Venezuela´s dialogues worries to the OAS

The Secretary General of the Organization of American States (OAS), José Miguel Insulza, expressed the concern for lack of progress in Venezuela’s dialogue today during the inaugural 44th session of the General Assembly. The official said that “the dialogue (in Venezuela)...
Posted On 04 Jun 2014
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Guayas Irrigation Advisory Boards are afraid to disappear

After the Ecuadorian Government, through Decree 310 of April 17 , created two agencies that regulate water resources: the National Agency for Regulation and Control of Water ( ARCA ) and the Public Company for Water ( EPA) ; the Irrigation Advisory boards of Guayas fear...
Posted On 04 Jun 2014
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800 newborns skeletons are found in Ireland

About 800 skeletons of infants were discovered in a concrete tank near a former Catholic convent in the town of Tuam, Ireland. In his convent, between 1925 and 1961, single pregnant women were received. “Someone told me about the existence of a cemetery of newborns, but...
Posted On 04 Jun 2014
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Chinese media accuse Google and Apple of spying

Chinese media expressed its disagreement with enterprises like Google , Facebook, Apple, Yahoo and others. The media relate them with espionage and alleged connections with the United States government . The People’s Daily of China, noted that U.S. companies such as Yahoo ,...
Posted On 04 Jun 2014
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Albuja “Insulza´s opinion reflects only his thought and not commit to the OAS”

The Ecuadorian Ambassador to the OAS, Marco Albuja, responded to José Miguel Insulza, regarding his rejection to the Ecuadorian proposal to change the headquarters of the Inter-American Commission on Human Rights (IACHR), which is currently located in Washington. Through his...
Posted On 04 Jun 2014
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Communications Law does not apply to Correa’s Saturday broadcasts

According to the Superintendency of Communication (Supercom), the so-called “citizens broadcasts” made ​​every Saturday by President Rafael Correa, are not content to be considered applicable with the Communications Law. These spaces “are not contents covered...
Posted On 04 Jun 2014
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