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Businessmen complain of “bullying” policies

  84% of a group of companies totaling $ 10 billion revenue have recorded a decrease on their sales in the first quarter of the year compared with the last three months of last year. This is part of the results of a survey conducted by the Ecuadorian Business Committee (EEC),...
Posted On 20 May 2016
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The Tagaeris, the unique uncontacted people of the Amazon

  Despite the passage of time and with the advent of modernity and technology, these indigenous people have remained as an uncontacted community; they are the Huaorani.   According to Naichap Wampanti, leader of the Shuar indigenous youth, they are split into two...
Posted On 20 May 2016
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Transportation sector generates 39% of gas emissions

  In 2014, Guayaquil joined the Cities´ Footprints project, promoted by the Andean Development Corporation (CAF). And in that year a study of the carbon footprint and the water footprint started to be conducted in this city; the result was that the main sector that emits...
Posted On 20 May 2016
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Quito, in absentia by Land Law

  The mayor of Guayaquil, Jaime Nebot, was the first to announce its opposition to the creation of the Superintendency of Land Management, envisaged in the Land Law. For him, “it is legally equal to zero.” He described its creation as an...
Posted On 20 May 2016
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The new direction of Brazil worries the government of Rafael Correa

  The political crisis of Brazil, with the temporary suspension of President Dilma Rousseff activated the alarms in several countries of leftwing tendency in the region. And the call of Ecuador to its ambassador in Brasilia, Horacio Sevilla, has generated different...
Posted On 20 May 2016
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Central Bank will not be the only one that opens e-money accounts

  Opening virtual accounts of electronic money will not be an exclusive power of the Central Bank of Ecuador (BCE for its Spanish acronym): the Government will allow that this service is provided by banks, cooperatives, telephone and auxiliary payment companies, although the...
Posted On 20 May 2016
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Ecuador will exploit oil in the Tiputini field, in the Yasuni ITT block, from July

  Ecuador will exploit oil from July in the Tiputini field, part of the ITT block which is mostly located within the Yasuní Amazonian park, said Thursday the Ministry of Hydrocarbons.   According to a statement, Minister of Hydrocarbons Jose Icaza Romero, he visited Block 43...
Posted On 20 May 2016
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The sale of Teleamazonas is under the government scrutiny

  Debate has just returned. After months of remaining in the silent halls of the Ecuadorian Justice, the court ruling declared two trust funds null and void, shareholders of Teleamazonas, hence, this raises doubts about the validity of the sale of the channel. The action...
Posted On 20 May 2016
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Muisne is desolate and the number of damaged houses in Esmeraldas is 1,300

    The assessment carried out by the zonal Ministry of Urban Development and Housing (Housing Ministry) of Esmeraldas determined that there are at least 1,300 houses with structural damage after the earthquake of April 16 across the province, and these have aggravated after the...
Posted On 20 May 2016
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Solidarity Act will govern in June amid intense questioning

  The Law of Solidarity and Citizen Co-responsibility for the reconstruction of the areas affected by the earthquake will be published “today or Monday” in the Official Gazette, reported yesterday the director of the agency Hugo del Pozo. This means that taxes such as...
Posted On 20 May 2016
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