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Coca-Codo Sinclair hydroelectric plant will start working with 4 turbines

The Minister of Electricity, Esteban Albornoz, said that the hydroelectric plant Coca-Codo Sinclair will begin providing energy to the country progressively since February 2016. Initially, four of the eight turbines or units that compose it will enter, and then the plant will...
Posted On 05 Feb 2015
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Amazonian people request that the $ 106 million Ecuador owes to Chevron should be returned to them

According to a legal challenge interposed this Wednesday, Ecuadoreans who won a millionaire environmental lawsuit against Chevron would claim to keep the $ 106 million the state owes to the oil company. The organization formed by settlers and Amazon Indigenous, who declare being...
Posted On 05 Feb 2015
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Pope Francis urges bishops and religious to not cover up cases of pedophilia

Pope Francis demanded in a letter to the bishops and Catholic religious leaders around the world tp not cover up for any reason pedophilia cases. “There is absolutely no place in the ministry for those who abuse children,” said the Pope in the letter, so at the time...
Posted On 05 Feb 2015
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Brazil’s Petrobras Directive resigns after corruption allegations

The president of the Brazilian company Petrobras, Graca Foster, and directory of the oil company resigned yesterday, pushed by a corruption scandal that plagues the state company and has also involved to Government politicians shift. In a note posted on the Internet, Petrobras...
Posted On 05 Feb 2015
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Creation of manual to regulate vehicle sales is announced

Yesterday, the zonal 8 Mayor of the Superintendency of Control of Market Power, Juan Carlos Jácome, announced in Guayaquil various details of the first draft for a new manual of Good Business Practices on Vehicles. The draft Manual consists of 18 items and even though the final...
Posted On 05 Feb 2015
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Venezuela: Executives of Farmatodo pharmacies are detained by destabilization

Venezuelan authorities said on Wednesday that two directors of the Venezuelan drugstore chain Farmatodo were arrested and accused of economic destabilization by the prosecution. Venezuelan President Nicolas Maduro reported on Sunday that executives of the Farmatodo chain, one of...
Posted On 05 Feb 2015
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Group anticipates popular consultation of the Mayor of Guayaquil

A group of neighborhood leaders and former employees of public companies grouped in the Citizen Observatory of Public Services and Citizens Organizations Coalition for Guayaquil, presented a proposal of popular consultation to the city on Wednesday, February 4. The query of this...
Posted On 05 Feb 2015
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Import quotas for cellphones that telephone companies maintain would be made more flexible

Until March is expected to define the policy to ease the cell phones import quota system for mobile companies, said the Coordinating Minister of Production, Richard Espinosa. “We have a month and a half to define the policy we will make more flexible,” said the...
Posted On 05 Feb 2015
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Commission will review report of the Comptroller as part of the Dhruv inquiry process

The Legislative Oversight Commission will be devoted to read the results of the special investigations of the Comptroller General of the State about the acquisition of seven Dhruv helicopters -of which four have crashed- to sketch out a line of research of the topic. The...
Posted On 05 Feb 2015
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Ecuador will eliminate safeguards on Colombian exports

Yesterday, Colombian media announced that the exchange safeguard that Ecuador set to Colombia, which is in force since January 5, would be removed this February 27th. The information would have been released by the Ministry of Commerce of Colombia. “Ecuador pledged that...
Posted On 05 Feb 2015
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