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IDB approves a credit of US $ 300 million for Ecuador

The Inter-American Development Bank (IDB) approved a credit line of up to USD 300 million for Ecuador, said yesterday the Finance Ministry in a statement. The funds will be used to maintain social spending in times of declining oil prices in international markets, said the...
Posted On 20 Dec 2014
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Moody’s upgraded Ecuador´s rating

The rating agency Moody’s upgraded the credit rating yesterday Ecuador, passing of CAA1 to B3, said the Ministry of Finance. The risk rating measures the ability of a country to pay its obligations or debts. The page of Moddy indicates that the rating CAA1 means that...
Posted On 20 Dec 2014
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Bus from Yasunidos will advance to Aguas Verdes

Yesterday was released the bus ‘Climate Caravan’, organized by the Yasunidos group, the one that was withheld on December 3 on its way to Peru to participate in the Climate Change Conference from the UN. The vehicle left the courtyards of the National Customs Service...
Posted On 20 Dec 2014
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The President of the Assembly confirmed she bought a house and called for respect

The publication of pictures and comments on the social networks of the new residence of the President of the National Assembly, Gabriela Rivadeneira (AP), in one of the valleys near Quito, made the authority clarify yesterday where she got the resources for the purchase. Several...
Posted On 20 Dec 2014
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First meeting ended without agreement on the basic wage rise for 2015

The unified basic wage increase for 2015 could not be defined in the meeting yesterday in Guayaquil among members of the National Wages Council (Conades for its Spanish acronym). The proposal of workers in this first meeting was to increase the basic salary in a 16% according to...
Posted On 20 Dec 2014
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Obama said he has no plans to visit Cuba at the moment

US President Barack Obama, yesterday expressed his conviction that “change will come to Cuba” with the adoption of a new policy toward the island by Washington, but said that will not happen in a short time. “Change will come to Cuba, it has to come. They have an...
Posted On 20 Dec 2014
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Quintero will be the new ambassador of Ecuador in Venezuela

The appointment of Assemblywoman María Augusta Calle, Ambassador of Ecuador in Venezuela, appointed by presidential decree was revoked. Presidential Decree No. 526 indicated that since the date on which Calle was appointed as ambassador, in April, so far she has failed to be...
Posted On 20 Dec 2014
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