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Panama papers mention the president of Ecuador

After the documents known as Panama Papers came to light, Ecuadorian President Correa called on journalists of his country and boasted that, unlike other countries, he and his government did not appear in the leaked documents. However, the secret documents show that he and his...
Posted On 25 Apr 2016
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EU Opportunities for the local services sector

The trade agreement with the European Union (EU) not only refers to the trading of goods but also services that currently have trade restrictions. About 65% of the Ecuadorian economy corresponds to the services sector. In the case of the European economy this figure rises to 70%....
Posted On 25 Apr 2016
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Shrimp farms also affected by the earthquake

There are no numbers yet of what has been the actual damages of the shrimp sector of Pedernales left by the earthquake that struck the coastal area of Ecuador. What owners, managers and workers of this activity know is that one of the two lungs that give life to this town, along...
Posted On 25 Apr 2016
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Panama investigated the connection of a company with Fabricio Correa

The OTP of Panama visited the offices of the law firm Mossack Fonseca (MF) the first week of May 2012 to request information on the Panamanian company Orlion Group SA, related to an investigation of borthers Fabricio and Rafael Correa. The visit of the First Anti-Corruption...
Posted On 25 Apr 2016
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While Ecuador is concerned about the earthquake, the Court decided on re-election of Correa

They published the opinion last Friday night on the website of the Constitucional Court, the same that would allow the reelection of President Correa after a referendum. The ruling states that “by failing to alter the fundamental structure of the Constitution, the nature...
Posted On 25 Apr 2016
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25 buildings in Guayaquil will be closed in order to conduct a preventive assessment

25 buildings in Guayaquil will undergo an assessment to verify if there is damage that jeopardizes their structures or bases. This was reported through the Twitter account of Mayor of Guayaquil Jaime Nebot, this April 24th. The mayor also indicates that 108 buildings out of a...
Posted On 25 Apr 2016
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Santo Domingo authorities ask the central government to pay debts in arrears to provide assistance

The mayor of Santo Domingo and La Concordia, and the Prefecture of Santo Domingo de los Tsachilas have requested the Ministry of Finance to pay them the arrears of February and March and an additional 10% of the budget to cope with the damage caused by the earthquake and the...
Posted On 25 Apr 2016
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Juan Manuel Santos walks alongside Rafael Correa the devastated area of Manta

Colombian president Juan Manuel Santos arrived around 10:00 today to the Air Base of Manta, and was received by his Ecuadorian counterpart Rafael Correa. The Colombian president will make, according to his agenda, a tour around the devastated area of Manta, after the 7.8M...
Posted On 25 Apr 2016
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Colombians in Ecuador return home after earthquake “to start again”

Jose Betancur was charging his cell phone to call his native Colombia when Manta, Ecuador’s Pacific town, began to tremble. As a survivor of the earthquake that shook the Colombian coffee axis in 1999, he only thought of running. “We never thought this would happen. I...
Posted On 25 Apr 2016
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The funds offered for reconstruction reach $ 630 million

International economic aid to support the reconstruction of the populations affected by the earthquake of April 16 would amount at the moment about $ 630 million, if considering the credit lines that have been offered by multilateral agencies and the donations of governments and...
Posted On 25 Apr 2016
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