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Dalo Bucaram announces the creation of the FE, a new political group

Dalo Bucaram, leader of the former Roldosista Ecuadorian Party (PRE) reported that he will inaugurate a new political group called FE, which means Strength Ecuador in Spanish. This political organization will be launched on October 20. “It is the faith and hope that the...
Posted On 15 Oct 2014
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Tariffs for the use of electronic money were approved

Fausto Valencia, Manager of the e-money Project of the Central Bank of Ecuador (BCE) said yesterday that the tariff for the use of electronic money has been approved, which would become effective in late 2014. The use of electronic currency will be a mean of voluntary payment....
Posted On 15 Oct 2014
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Middle America is shaken by aftershocks following an earthquake

Hours after the 7.3-magnitude earthquake that last Monday struck from Mexico to Panama and killed one in El Salvador, left many homes damaged and cracked walls; a wave of earthquakes has shook Middle America this past Tuesday. In Nicaragua, the authorities suspended classes in...
Posted On 15 Oct 2014
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Alianza País has not yet decided whether there will be a new Labour Code or just reforms

In the coming days the bloc of Alianza País in the National Assembly will meet to discuss the direction they will take on the Labour Code. Lawmakers raised this question after President Rafael Correa noted that there will only be specific reforms and not a new proposal. Among the...
Posted On 15 Oct 2014
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