Day

Macroeconomic projections of the government contemplate strong revenues from oil exploitation in the Yasuní nature reserve, in the coming years. According to the economic report that the state company Petroamazonas submitted to the National Assembly last week, the works in block...

The sale of the majority stake of Produbanco to the Centro Americano Promerica Financial Corp. group (PFC), which began in late 2013, and concluded yesterday, began operating a single financial institution in the country. The brand began working with $ 3900 million in assets and...

Ricardo Patiño said that since October 20, the compensation payments to farmers of the northern border will begin. This amount was offered by Colombia, for the damages caused by glyphosate spraying. Around 4,600 families will receive $ 3,000. $ 15 million will be awarded in...

Following the announcement of President Rafael Correa that he will send specific reforms instead of a new Labour Code, representatives of trade unions assured that they do want a new regulation and not at their extent, but rather at the extent of respect for their rights....

The president of Bolivia, Evo Morales, was proclaimed winner of this sunday elections after exit polls gave him a sweeping victory for a third term. The candidate of the Movimiento al Socialismo (MAS), would have achieved between 59.5% and 61% of the vote, which would serve to...

Authorities of the Assembly, the Council of the Judiciary (CJ) and the National Court of Justice (CNJ for its Spanish acronym) will be responsible for defining the term for the General Code of Processes (Cogep for its Spanish acronym) to take effect after its approval. This...

The french economist Jean Tirole was elected Nobel Prize in Economics 2014 for his “analysis of market power and regulation,” the jury said in a statement. Tirole, researcher at the University of Toulouse (southern France), according to the Nobel Committee, is...