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EU agreement presents disagreements to agricultural issue in Ecuador

In the trade agreement that aspires Ecuador with the European Union (EU) there are disagreements on agricultural and public procurement issues, according the report on Thursday, June 26 submitted by President Rafael Correa, who hopes to achieve a deal out of a Free Trade...
Posted On 27 Jun 2014
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El Niño phenomena is highly likely to occur

The World Meteorological Organization (WMO), has issued a statement, ensuring that the probability of an El Niño phenomena between October and December to occur, is between 75% and 80%. The possibility of occurring in the third quarter of this year is 60%. “It is expected...
Posted On 27 Jun 2014
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Municipality of Quito considers that constitutional amendment does not affect its autonomy

Mauricio Rodas, Mayor of Quito, spoke yesterday about the proposed amendment of the Government on the article 264 of the Constitution concerning the powers of the municipalities in the areas of education and health. For him and Councilman Jorge Albán of Alianza PAÍS (AP), this...
Posted On 27 Jun 2014
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United States plans to spend $ 500 million to equip Syrian armed groups

The White House yesterday requested to the Congress to authorize the granting of financial assistance of $ 500 million to militarily “train and equip” the armed groups that since March 2011 attempt to overthrow the constitutional President of that country, Bashar...
Posted On 27 Jun 2014
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Slowdown in foreign trade affects port activity in Latin America

The port activity was affected through the end of 2013 due to the slowdown of foreign trade in Latin America and the Caribbean. Last year there was an increase of 1.7%, according to the report of the Economic Commission for Latin America and the Caribbean (ECLAC). In the ECLAC...
Posted On 27 Jun 2014
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Argentina deposited over $1,000 million for hedge funds

This Thursday Argentina deposited about 1,000 million to cancel the debt owed by hedge funds. “The Argentina Republic, in fulfillment of the contract with the holders who adhered to the exchange, has proceeded to the payment of capital and interest services”, said...
Posted On 27 Jun 2014
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Spanish Congress approved gauging for King Juan Carlos

The Plenary of the Congress yesterday endorsed the gauging of King Juan Carlos and part of the Royal Family in the midst of criticism from opposition groups for the prompt processing. A very large majority of the Chamber (184 votes against 32) achieved a change in the law of the...
Posted On 27 Jun 2014
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New Monetary Code keeps dollarization

Last Thursday during the first general committee organized by the Committee on Economic System, the central bank president, Diego Martinez, said the Monetary Financial Code -sent last Wednesday to the National Assembly as urgent in economical matter- “maintains the...
Posted On 27 Jun 2014
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EU concrete signing of association agreements and free trade

The Heads of State and Government of the European Union have signed this Friday the agreements of association and free trade with Georgia and Moldova, while Ukraine endorsed the economic chapters, since political pacts were signed in March. The signing of the agreement took place...
Posted On 27 Jun 2014
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Sharon Stone indignantly denies romance with Antonio Banderas

According to the website Page Six, actress Sharon Stone is outraged by the presumed rumors of an alleged romance with fellow actor Antonio Banderas, after the British magazine Grazia published that Stone and Banderas were together and they are planning to go on vacation . The...
Posted On 27 Jun 2014
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