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Paez counterattacks and initiates legal action against daily El Telegrafo

  Through a statement Assemblyman Andres Paez announces he will take legal action against daily El Telegrafo by the report on a Lloyds Bank deposit. “I have just delivered this request in the socialist and sheepish pamphlet El Telegrafo aimed to know the identity of...
Posted On 13 Apr 2016
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First months record an 18% drop in cocoa exports

  In an interview with daily El Universo, Juan Pablo Zuniga Orellana, new president of the National Association of Cocoa Exporters, talks about the impacts and strategies to keep markets and restore production. Zuniga explains that climate changes caused the emergence of...
Posted On 13 Apr 2016
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The crisis strongly hits ‘our daily rice’

  Yesterday in Guanchichal, the so-called rice paradise, located in the Daule county, planters (piecework) were happy. Saturday they would charge for seeding tasks they performed, like human machines on the muddy ground. But in the wall that divides the parcels, the owners...
Posted On 13 Apr 2016
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They try to discredit Andres Paez, but it did not work out

Assemblyman Andres Paez described the story of Daily El Telegrafo as absolutely malicious and tendentious when indicating that in 2006 he almost deposited a million dollars in the Lloyds Bank, “which is absolutely false and happily I have a deed that accredits this,”...
Posted On 13 Apr 2016
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Investigation request to Podemos Congressman Rafael Mayoral for money he received from Ecuador

  Clean Hands has filed a complaint before the Supreme Court against the leader of the Podemos party Pablo Iglesias and other members for alleged irregular funding pointing at Ecuador as the third country, along with Iran and Venezuela, that could have given unlawful grants...
Posted On 13 Apr 2016
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Coca-Codo Sinclair starts operations still under completion

  Half crown jewel’ begins operations two months late. The hydroelectric plant Coca-Codo Sinclair starts today part of its work. The greatest work of the self-styled Citizen´s revolution four of its eight turbines are ready. Although the government assured that the...
Posted On 13 Apr 2016
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IMF: The country’s economy will decrease by 4.5% this year

  According to its World Economic Outlook report, out of the furnace since yesterday, our country will fall to an unprecedented negative rate since the 1999 crisis, of -4.5%: the worst ratio in the region, except for Venezuela, which will fall in a deep well of -8%. Ivan...
Posted On 13 Apr 2016
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Ecuador has “a very nice president,” says Rafael Correa

  During an interview with CNN, Rafael Correa responded to journalist Patricia Janiot that besides tourist attractions, Ecuador offers the world “a very nice president.” This statement is given in the context of the president’s trip to the launch of a...
Posted On 13 Apr 2016
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Ecuadorian Prosecution raids consulting firm with alleged links to Mossack Fonseca

  Tuesday, the prosecution of Ecuador ordered the raid of a consulting firm that according to the Panama Papers, served as a link between the Chinese company CWE and the Panamanian firm Mossack Fonseca, to simulate a consultancy in Switzerland, exempt from taxation in...
Posted On 13 Apr 2016
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State Debt with the construction sector amounts to $ 907 million

  The Ecuadorian government owes more than USD 907 million to 78 union members of the Chamber of the Construction Industry (CIC), including construction firms and natural persons, professionals on this field. This was revealed by the latest survey conducted by this...
Posted On 13 Apr 2016
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