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New port and ZEDE will be located in Posorja

Paola Carvajal, head of the Ministry of Transport and Public Works (MTOP) announced that the new deepwater port of the country will be located in the Posorja parish, in western Guayaquil. In addition, Carvajal noted that there will also be a special development zone (ZEDE) and...
Posted On 27 Jan 2015
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The CAN denies authorization of safeguard measure in Ecuador

The Secretariat of the Andean Community issued on January 26 a statement that says: “Before untrue reports that have circulated this afternoon in some media, in the sense that this General Secretariat issued its pronouncement regarding the request of the Republic of Ecuador...
Posted On 27 Jan 2015
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Yesterday seven new judges of the CNJ were inaugurated

Yesterday, the Judiciary Council officially appointed the seven new judges of the High Court. The President of the Judiciary, Gustavo Jalkh, during his speech criticized those who “cast doubt” on the” transparent” process of renewal of the National Court. In...
Posted On 27 Jan 2015
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Fidel Castro: “I do not trust the United States, nor I have exchanged a word with them”

Cuban leader Fidel Castro said on Monday that he does not trust the United States and he has not spoken with Washington, breaking the silence on the historical approach announced by his brother and successor Raul Castro and President Barack Obama. “I do not trust the US...
Posted On 27 Jan 2015
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Correa to Armed Forces: “the ISSFA will not disappear!”

With an energetic speech of clarification President Rafael Correa made to the Armed Forces about the future of their social insurance and their restructuring, the heroic deeds of Cenepa war of 1995 were reminded. In the same way Correa expressed gratitude to commanders who were...
Posted On 27 Jan 2015
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Oil prices fell again

The Texas oil price (WTI) closed yesterday with a new low of $ 45.15 a barrel. This would be the lowest price in nearly six years, according to AFP. The fall was of 44 cents less than the previous day and it approaches the minimum recorded value of March, 11 2009, when it was...
Posted On 27 Jan 2015
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