off

Alvaro Noboa denounces illegal intervention against his property in the commune of Engabao

Yesterday, machinery of the governor of Guayas was commissioned to demolish dozens of meters of cement walls that surrounded the property of the VIMARE SA Company, the Merceditas Farms 1 and 2 that have belonged to the Noboa Group for over 35 years as recorded in deeds. This...
Posted On 30 Sep 2015
, By
off

Antonio Noboa presents his defense on charges of money laundering

  On Monday it became public an alleged crime of money laundering and according to a fiscal order, the president of the Barcelona Sporting Club, Antonio Noboa, and other executives should appear to make a statement at the Prosecutor´s Office of Guayas. According to Edgar Escobar,...
Posted On 30 Sep 2015
, By
off

Labor and tax laws continue to weigh heavily on the competitiveness of Ecuador

Ecuador is not Switzerland, but they again share the ranking. The European country is the first in the list that measures the Global Competitiveness Index and Ecuador ranks 76 out of a total of 140 countries. This year, the country has reappeared in the report prepared by the...
Posted On 30 Sep 2015
, By

Dismissal of judges of the Court in 2004 was illegal, according to Torres

Assemblyman Luis Fernando Torres, of the Social Christian Party (PSC), said that “it is ridiculous that eleven years after the Supreme Court was expelled someone still have the nerve to boast of the dismissal that has been internationally condemned, by none other than the...
Posted On 30 Sep 2015
, By

Osvaldo Hurtado talks about the political situation in Venezuela and Ecuador

Oswaldo Hurtado Former President Osvaldo Hurtado (1981-1984) said today that “there is no democracy in Venezuela. The government of (Nicolas) Maduro is a dictatorship,” because this regime does not fit into the principles of the Inter-American Democratic Charter,...
Posted On 30 Sep 2015
, By
off

Corporate debt rises uncontrollably in the region

The corporate debt in emerging markets has skyrocketed in the last decade, with China and Latin America in the lead, making them more vulnerable to the imminent interest rise in the US and the falling prices of raw materials. This increase has been favored by an environment of...
Posted On 30 Sep 2015
, By
off

Exports of Ecuadorian banana increased by 8%

Figures for the first eight months of the year represent 16 million additional boxes. Figures from the Association of Banana Exporters (AEBEfor its Spanish acronym) indicate that despite the 214.8 million boxes sold between January and August this year, the last month registers...
Posted On 30 Sep 2015
, By
off

Prosecution worker inquired into drug trafficking

  The prosecution is investigating possible links of a Polish citizen arrested last Monday in the Santa Elena province with 79,163 grams of cocaine found in a container on Sunday in the seaport of Guayaquil. The foreign citizen, identified as A.O., who has worked at the...
Posted On 30 Sep 2015
, By

Minister of Labour admits error in the legal text of retirement pensions

Yesterday the Minister of Labor, Carlos Marx Carrasco, sent the Official Gazette errata on a recital 204 of the Agreement is the employer retirement. That agreement became public over the weekend and raised in the the sixth recital that retirement pensions shall not exceed the...
Posted On 30 Sep 2015
, By

5 years after the 30-S, some people consider it as a day of national mourning

“The 30 s is a day of national mourning,” was the slogan of a group of protesters with black flags who gathered this morning in the Plaza San Francisco, in Guayaquil. “It’s a day on which all that happened could have been avoided, nothing justifies a death...
Posted On 30 Sep 2015
, By