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Public and private banks increased their assets by 10%, according to report

According to reports published by National Directorate of Studies and Information of the Superintendency of Banks and Insurance, public and private banks recorded a growth in its assets above 10%, during 2013. The increase figure for the public sector was 13.9% ($ 6,344.1...
Posted On 06 Jun 2014
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Presidents commemorate 70th anniversary of the Normandy landings

U.S. President Barack Obama and French President, Francois Hollande, in the company of twenty heads of state and government commemorated today, June 6, the 70th anniversary of the Allied Disembark that ended the Nazi occupation during World War II on the beaches of Normandy . The...
Posted On 06 Jun 2014
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Sister Cristina is the winner of “The Voice” musical contest in Italy

Sister Cristina Scuccia, Sicilian nun, 25 years old, won the Italian version of the television competition “The Voice.” Possessing a powerful voice and great charisma, Sister Christine has interpreted throughout the program songs such as “What a Feeling”...
Posted On 06 Jun 2014
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Avanza postpones debate on indefinite reelection

Last Wednesday, the militants of the self-proclaimed second electoral force in the country, Avanza, met for more than five hours in Quito, to furthermore achieving three resolutions. The first one is to join the Frente Unido de Izquierda, formed by Alianza PAIS and the socialism...
Posted On 06 Jun 2014
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New reforms in the Mining Law seek to attract foreign investment

With a new reform of the Mining Law, the Ecuadorian Government seeks to expand its incomes to not depend on petroleum and taxes. The third source has been to turn to indebtedness, inside the country or abroad. The state issues bonds and the Institute of Ecuadorian Social Security...
Posted On 06 Jun 2014
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Ecuador will donate $ 1 million to the Inter-American Court

Last Thursday, Foreign Minister Ricardo Patiño announced a donation of one million dollars for the Inter-American Court of Human Rights in the General Assembly of the OAS, and at the same time he criticized another organ of the body, the Inter-American Commission on Human Rights...
Posted On 06 Jun 2014
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Supercom summons written media for alleged violation of Communications Law

The Superintendency of Information and Communication (Supercom for its Spanish acronym) notified the written media EL Universo, El Comercio, La Hora and Hoy, pursuing the complaint filed by the citizen Carlos Vera Quintana. The complaint includes an alleged violation of Article...
Posted On 06 Jun 2014
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Spanish Government analyzes the inviolability of Juan Carlos

According to Article 56.3 of the Spain Constitution, King Juan Carlos would loose his inviolability, which he has enjoyed during his reign, due to his abdication to the throne. A spokesman from La Zarzuela said  that maintaining the immunity to Juan Carlos would be...
Posted On 06 Jun 2014
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Rousseff says there are more successes than mistakes in the organization of the world cup

The President of Brasil Dilma Rousseff responded to the critics of the World Cup organization. Delays in the works, protests and the lack of support from the Brazilian population to the event, draw attention few days before the World Cup. The President defended the organization...
Posted On 06 Jun 2014
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After the acquittal in favor of Professor Mery Zamora is notified, her legal defense will file a lawsuit against the Ecuadorian State before the Inter-American Commission on Human Rights (IACHR) for the moral damage caused by the four years of the criminal process followed by...
Posted On 06 Jun 2014
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