Day

  “The Mossack Fonseca International Group has done business in Ecuador for more than two decades ago in a direct way. As such, it has generated a portfolio of customers, which is unknown to me and the office I represent, and who are directly assisted from Panama.”...

  “OPEC, in fact, owns about 30% of world production, but it is still composed of countries with the largest oil reserves in the world. Like Saudi Arabia. The meeting of April 17 in Doha, not only summons the OPEC countries, which always, I think, have been and are still...

  Loja Councilwoman Jeannine Cruz, who was sentenced to one month in prison for tweeting that Mayor of Loja Bolivar Castillo was “a liar and a thief,” has been released today after serving her sentence. “I’m not afraid,” said Cruz, referring to...

  The Finance Ministry confirmed yesterday that a mission of the International Monetary Fund (IMF) is in Ecuador to make the appropriate analysis on Article IV of the Constituent agreement. This is a process in which economic and financial information is collected, and then,...

  The debts of the central government with the local governments grow. “The works are paralyzed” report the prefects of the North Commonwealth and the Consortium of Autonomous Provincial Governments of the Amazon Region. Antonio Kubes, prefect of Pastaza and head...

  The government changed its position regarding the management of the electronic money system, which is currently managed by the Central Bank of Ecuador. Yesterday (April 7), the Coordinator Minister of the Economic Policy and head of the Policy Board of Monetar...

Annabella Azin, former deputy of the PRIAN and wife of businessman Alvaro Noboa, said that there has not been progress in the counting of the signatures so the new political movement “Adelante Ecuatoriano, Adelante” (Go Forward Ecuadorian, Go Forward) is legally...

  Thousands of citizens participated Thursday in protest demonstrations against the government in major cities across the country to reject a bill that creates new taxes, while government supporters congregated in support of President Rafael Correa. With a massive turnout,...