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Alvaro Noboa starts affiliation campaign for the Adelante Ecuatoriano Adelante party 

  The Ecuadorian businessman Alvaro Noboa, launched the affiliation campaign for the political party Adelante Ecuatoriano Adelante, which would take the place of the former PRIAN.   At a press conference, Noboa released details of the political organization in...
Posted On 09 Nov 2015
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The latest economic expansion lasted 63 months

  In Ecuador, since 1993, five entire cycles of growth with an average duration of 40 months have been detected. However, the last cycle of growth “would have begun in March 2010 until June 2015, which would have had a duration 63 months.”   This was...
Posted On 09 Nov 2015
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Ecuador, between the States with more international demands

  The Attorney General of the State qualified as a legar victory for Ecuador the fact that in the arbitration award of the dispute with Occidental (OXY), the country achieved a reduction of 68.5% of the 3.370 million the US oil company calimed as compensation.  ...
Posted On 09 Nov 2015
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The continuous learning of legal reforms

  The enactment of the General Code of Processes (Cogep for its Spanish acronym) which will completely come into effect in six months and which changes the application of the rule, from the written to the oral system, has brought back to classrooms administrators of justice:...
Posted On 09 Nov 2015
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Fedexpor Holder says that drop in exports exceed 4%

  The executive president of the Ecuadorian Federation of Exporters (Fedexpor), Felipe Rivadeneira, said Friday that this year has been a bit complex for the sector due to the drop in non-oil exports, 4% until August of this year. “This year has been a bit complex for...
Posted On 09 Nov 2015
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There was no water at the time the cardboard factory was on fire

  Piles of cardboard on fire in a fenced ground in the kilometer 6.5 of the road to Daule alarmed last Saturday night inhabitants of La Prosperina sector. At 20:00 the fire spread at the site, apparently, reaching a cardboard factory. Calling the ECU-911 was the first...
Posted On 09 Nov 2015
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Toy importers feel the surcharges impact in their supply

  The supply of imported toys for this holiday season would record a decrease of 40% and in some cases up to 80%, according to three of the leading importers of the city consulted by this newspaper: Estuardo Sanchez, Importadora Figueroa and Eduardo Azar stores. Their...
Posted On 09 Nov 2015
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Ecuador faces arbitrations for more than $ 5,300 million

  Litigations in international courts that remain active against the Ecuadorian government total demands that exceed $ 5,300 million. A report by the Attorney General, updated to 2013, recorded 16 cases presented by transnationals, especially oil and mining companies....
Posted On 09 Nov 2015
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Rafael Correa is criticized for raffling a dog at the weekly address

  Foundations Ethical Treatment of Animals (TEA for its Spanish acronym) and Animal Rescue, questioned the decision of President Rafael Correa of raffling a Golden Retriever puppy.   Monica Chonillo, member of TEA, explained that the prohibition is stated in the Rules...
Posted On 09 Nov 2015
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The Assembly pays $ 3 million a month in salaries, the payroll totals 1 236 employees

  The 2016 budget estimate of the Council on Legislative Administration (CAL) delivered to the Ministry of Finance totaled $ 115 million, however, its proposal was reduced to half. This reduction means that 73.5% of the total resources assigned to the Assembly would be used...
Posted On 09 Nov 2015
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