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Pdvsa company failed the disbursements to finance the Pacífico Refinery

During the last three years the company Petróleos de Venezuela SA (PDVSA) did not make all disbursements agreed as a strategic partner to finance the construction of the Pacífico Refinery. This became known after an examination of the General Comptroller of the State and a report...
Posted On 03 Mar 2015
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The CONAIE and labor organizations will attend the People’s Summit in Quito

The main leaders of the Confederation of Indigenous Nationalities of Ecuador (CONAIE) and trade union organizations of the country convened their bases on Monday March 2, to attend the People’s Summit: “for the unity, the sovereignty and the defense of the...
Posted On 03 Mar 2015
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Eight Venezuelan police officers are charged by the alleged murder of two youths

The Venezuelan Public Ministry charged eight police officers of the Zulia state and a civilian for their alleged involvement in the murder of two young men in February, reported the Prosecutor. The Public Ministry said on its website that “preliminary investigation”...
Posted On 03 Mar 2015
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Former director of the IEES hospital in Loja and three afficials are accused of embezzlement

The Prosecution began on March 2 the fiscal instruction for embezzlement against a former director of the IESS hospital in Loja, Manuel Ignacio Monteros, and three officials for the purchase of beds for that health centre. Prosecutor Rodrigo Galván said that the case began with a...
Posted On 03 Mar 2015
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Mobile operators plan to invest $ 193,000 million in Latin America

Mobile operators, among which is the Spanish Telefónica, plan to invest between 2014 and 2020 around USD 193,000 million in Latin America, where lines of high capacity 4G-LTE will cover 75% of the region this year. The capital investment will almost double the one made in the...
Posted On 03 Mar 2015
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Buñay is pointed out as responsible of $ 800,000 credit granted to Duzac

The president of the Cofiec bank, Antonio Buñay, was pointed out as the authority who allegedly “pushed” the credit official to irregularly grant a $ 800,000 loan for the Argentine businessman Gaston Duzac, despite having no guarantees. This revelation was made by...
Posted On 03 Mar 2015
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Sales of new cars in Ecuador increased in 2014, according to the CAN

The export of vehicles in Ecuador would have grown by 28.5% between January and December 2014, according to the Andean Community of Nations (CAN for its Spanish acronym). Last year, sales of the Ecuadorian market totaled 8,368 cars, while in 2013 these were 6,514. Colombia was...
Posted On 03 Mar 2015
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Santos expects the removal of Cuba from the list of countries that support terrorism

The President of Colombia, Juan Manuel Santos, trust in the output of Cuba from the US list of countries that support terrorism, saying that the process to achieve it “is going in the right direction.” In a joint press conference in Madrid with the Head of the Spanish...
Posted On 03 Mar 2015
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Minister of Labour proposes restructuring of Secap in expanded cabinet

A new structure to modernize the training provided by the Ecuadorian Professional Training Service (Secap for its Spanish acronym) will be one of the issues that Carlos Marx Carrasco, Labour Minister, will present during the extended cabinet that will be held this March 3 since...
Posted On 03 Mar 2015
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Ecuador will participate in ITB tourism fair and the International Hotel Investment Forum

This week, a delegation headed by the Minister of Tourism Sandra Naranjo will participate in the International Hotel Investment Forum and the ITB tourism fair. The Ministry announced yesterday that during the Forum, held from 2 to 4 March in Berlin, Naranjo “will have the...
Posted On 03 Mar 2015
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