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Initial government estimates suggested that USD 5 966.8 million would be allocated to 16 subsidies this year, but through various measures they managed to reduce this amount by more than USD 1 000 million. Last Thursday, President Rafael Correa signed a decree to remove the...

President Correa, in view of the international scene, warned that 2015 would be a difficult year and 2016 too. With that adjective, it must be included that the country has entered into a technical recession (two consecutive quarters of negative growth in GDP),  lost jobs and...

After five years of existence, the Organic Law on Higher Education (LOES) will be evaluated. That is the decision of the National Assembly. The review shall be made before the concerns of some students who have failed to be accepted by universities and the protests of the...

  China is the world’s largest producer of shrimp, its annual harvests are five times those of Ecuador; but from Guayas, El Oro, Manabi and other provinces nothing less than 190 million dollars of this crustacean will be dispatched this year. The prawns ‘made in...

President Rafael Correa said Friday that the measure to eliminate subsidies to the industrial sector was taken embracing the suggestion of the Ecuadorian Business Committee (CEE for its Spanish acronym) and the decree also mentions the Chamber of Commerce of Quito (CCQ).  ...

The Inter-American Commission on Human Rights (CIDH) has today four public hearings requested by groups of human rights defenders of Ecuador.   In two of the hearings general situations will be analyze: the alleged criminalization of defenders of nature and the...

The Secretariat for Transparency Management, part of the Ministry of Public Administration, regulated its internal instruction manual to deal with complaints of alleged acts of corruption within the national government.   According to the document, signed on August 27 by the...

The elimination of subsidies to the industrial sector could affect production costs and thus raise the final price of products. The measure announced last Friday raises the elimination of the subsidy for diesel 1, diesel 2, LPG, bunker, fuel oil and jet fuel, fuels that are used...