5% of the country is urbanized

It is known that from the existing 24 million hectares, 13 are conservation areas, 10 million are agricultural areas and there are a million hectares between urban areas and infrastructure. The information is reflected in the map of the use and distribution of land that was...
Posted On 12 Jun 2015
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The Texas oil price fell to $ 60

Texas Intermediate oil (WTI) fell a 1.07% yesterday, to $ 60.77 a barrel. On Wednesday, the WTI, benchmark crude in the United States, closed with an advance of 2.14% to $ 61.43 a barrel, the annual maximum recorded so far. Yesterday the price gained a 3.44%. Meanwhile, gasoline...
Posted On 12 Jun 2015
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Superintendency increases to $ 500 000 the value to give counterguarantees

Through a circular letter, the Superintendency of Banks allows insurance companies to receive as counterguarantees from their customers, those of personal type (promissory notes or bills of exchange), provided that the insured amount does not exceed $ 500,000. A few days ago it...
Posted On 12 Jun 2015
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The tax on capital gains will prevent speculation

The capital gains tax has always existed. A few years ago the percentage was 42%. Governments lowered that percentage to 10% and gave municipalities the power to change it. Now with the new measure to the capital gain, the Government intends to charge a 75% tax on...
Posted On 12 Jun 2015
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Ports of Ecuador mobilized 1.7 million containers

According to data released yesterday by the Economic Commission for Latin America and the Caribbean (ECLAC), the movement of containerized cargo in ports of Latin America and the Caribbean grew 1.3% during 2014. Ecuador is among the three highest ranked countries in 2014 by 7.9%,...
Posted On 12 Jun 2015
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“Discover the Revolution,” slogan of Ecuador in the Milan Expo 2015

Ecuador has its pavilion at the Expo Milan since last May, which promotes the country. It is expected that the President of Ecuador, Rafael Correa, visits it on Saturday, in addition to participating in the celebration of the National Day of Ecuador. The Ecuadorian pavilion...
Posted On 12 Jun 2015
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International academic exchanges for Universidad de las Artes

Seven countries participate in the First International Conference of the Universidad de las Artes, one of its objectives is to promote the exchange of professors and students with studies centers in the world. The rector of the University, Ramiro Noriega, said that the meeting...
Posted On 12 Jun 2015
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Provincial strike in Galapagos by law passed in the Assembly

From 3:00 am of this Friday inhabitants of the Santa Cruz and San Cristobal islands began a preventive work stoppage to reject the Organic Law of Special Regime for Galapagos, which was ratified by the Assembly on Tuesday, so they declared in resistance. Citizens’...
Posted On 12 Jun 2015
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TV channels reject Government accusations

TV channels Ecuavisa and Teleamazonas yesterday rejected the government accusations of being part of an alleged conspiracy plan. “Messrs José Serrano, Government Minister, and Fernando Alvarado, communications secretary, said yesterday via Twitter the first, and in one of...
Posted On 12 Jun 2015
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President of Ecuador believes there is conspiracy

Through his Twitter account, the president of Ecuador, Rafael Correa, said that behind the protests in some cities of the country there is “a conspiracy going on.” He also tweeted: “Cheer up dear comrades! The Liberal Revolution was recently remembered. Stick...
Posted On 12 Jun 2015
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