Banks request to be allowed to have greater reserves to face additional external shocks

The executive director of the Association of Private Banks of Ecuador, Cesar Robalino, said that “banking continues being isolid, solvent and with sufficient liquidity resources,” he said in spite of macroeconomic problems faced by Ecuador and the weakness certain...
Posted On 22 Sep 2015
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Ministerial meeting scheduled for tomorrow in Caracas by Colombian-Venezuelan affair

The coordinator Minister of Knowledge and Human Resource Guillaume Long, announced that tomorrow there will be a meeting of ministers in Caracas (Venezuela) as a result of the agreement reached yesterday in Quito, between the presidents Nicolas Maduro of Venezuela and Juan Manuel...
Posted On 22 Sep 2015
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The report is “CRUEL” says the widow of Gabela

According to Patricia Ochoa, widow of the former commander of the Ecuadorian Air Force (FAE), Jorge Gabela, the report of the inter-ministerial committee that investigated the assassination of the official is “infamous, confuse, cruel and redirected.” According to...
Posted On 22 Sep 2015
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Credit card payments extend to payments through mobile phones

Buying a pizza at home or paying for a taxi with a credit card will be possible as the Mobile Point of Sale spread. Behind this name is hidden something as simple as a card reader carried by the seller connected to his smart phone to extend his payment method beyond cash. A phone...
Posted On 22 Sep 2015
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Antonio Ricaurte was assaulted outside the courthouse

  Out Ricaurte. Coward. Traitor. These were the shouts of Carla Cevallos´ supporters, who is the Capital Councillor of the Sums-Vive party, while his colleague Antonio Ricaurte left the court in Quito. He left the judiciary in the midst of miscues, shouts and whistles. He...
Posted On 22 Sep 2015
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The debt is set in the 2016 budget

  In July this year, the public debt amounted to 32.624 million dollars. 32.6% of Gross Domestic Product (GDP). Ecuadorian law allows a margin of debt of 40%.  According to Finance Minister Fausto Herrera, the country still needs about 3,000 million dollars to cover the deficit...
Posted On 22 Sep 2015
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Tax generates dispute between Chamber of Industries and the University of Guayaquil

The payment of a 1.2 per thousand tax on capitals of companies registered in Guayaquil generates a dispute between the University of Guayaquil and private companies. Since 1970 this tax was intended for the construction, equipment and maintenance of the University Hospital (now...
Posted On 22 Sep 2015
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Daryl Cagle: “The work of cartoonists is to criticize nations and their institutions”

  With a career spanning over 36 years, the American cartoonist Daryl Cagle defends the right of political cartoonists to tell a piece of their minds to the power. Cagle, along with 6 other artists from various countries, was in Ecuador last week to participate in the...
Posted On 22 Sep 2015
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Ombudsman asks the Secom to not dissolve Fundamedios

The Ombudsman, Ramiro Rivadeneira, made a call on Monday to the Secretary of Communication, Fernando Alvarado, to not continue with the process of dissolution of the NGO Fundamedios and strengthen the opportunities for dialogue with civil society organizations.  In a joint...
Posted On 22 Sep 2015
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Protests and demonstrations of support during the visit of President Maduro in Ecuador

Dozens of people gathered on the outside of the Embassy of Venezuela in Quito to reject the presence of Nicolas Maduro in the capital. “Out Maduro” and “Leopoldo friend, Ecuador is with you,” chanted the protesters who did not mind the rain and remained in...
Posted On 22 Sep 2015
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