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Weakness in raw materials markets

Experts believe that the reduction of demand from China and the prospects of a further strengthening of the dollar if come up in December the interest rates in United States, portend a weakness in raw materials markets. Despite the bad news the Executive of Merrill Lynch, Juan...
Posted On 14 Dec 2015
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Justice administration returns to socialist plan in Ecuador

  The administration of justice comes back to the agenda of constitutional changes that Alianza PAIS analyzes for the second package of amendments. There are plans to reduce the number of national judges, to distribute judges by districts and not by provinces and change the...
Posted On 14 Dec 2015
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Six laws will be modified

  Once the first package of constitutional amendments is published in the Official Gazette and takes effect, the Assembly shall reform six laws, 12 out of 15 constitutional articles amended. Only one, the Organic Law on Public Service (LOSEP) has a term of 180 days to be...
Posted On 14 Dec 2015
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20.658 counterfeit banknotes were reported in Guayaquil in 10 months

The use of a device that emits a sound when it detects an anomaly in the safety line of a bill or to punch it are some of the reactions before the appearance of counterfeit banknotes.   A concrete figure of the number of counterfeit notes detected in the commercial sector does...
Posted On 14 Dec 2015
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Protesters face 6 types of crimes

  This year, the Prosecution has reported in the country at least 168 people arrested during demonstrations against the government. Data from this body show that 70% of them remained in custody. They were prosecuted for assault and resistance, stoppage of public services,...
Posted On 14 Dec 2015
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Bustamante: “Communication should not be a public service”

  The president of the International Relations Commission, Fernando Bustamante, in an interview with daily Expreso, spoke about possible sanctions of Alianza PAIS, the communication amendment and his relationship with President Rafael Correa. Bustamante said he can not talk...
Posted On 14 Dec 2015
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Correa assures he is facing an “economic war” like Maduro in Venezuela

The “economic war,” a phrase used by the Venezuelan Government to excuse the economic crisis, was also used by the ruling party during the last weekly address.   Without thinking that this could happen in Ecuador, earlier this year, during his appointment as Pro...
Posted On 14 Dec 2015
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Death cross neutralizes Correa´s transitory provision

  On at least three occasions in the last month, President Rafael Correa´s transitory provision has returned to talk about the crossed death, a figure that was established in the Constitution of Montecristi. The resource involves the destitution of the National Assembly,...
Posted On 14 Dec 2015
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The money to pay the bonuses must be transferred today

The maturity of the Global bonds 2015 is tomorrow, but the money must be transferred until today in the bank, or paying agent.  The holders of these documents are scattered around the world and in other countries dawns earlier, for example, the London Stock Exchange operates six...
Posted On 14 Dec 2015
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The construction sector experienced more dismissals this year

  Sectors with the highest percentage of labor termination during 2015 were construction (27.6), oil (26.9%) and automotive (21.2%), according to the Economic Situation of Ecuador and its impact on the wage and labor market: Reality, analysis, changes, strategies and...
Posted On 14 Dec 2015
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