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Appearance of Carlos Polit is requested in court proceedings against Augusto Espinosa

  Assemblyman Bayron Pacheco (Avanza party), author of the request for impeachment against Minister of Education Augusto Espinosa, requested the appearance of State Comptroller General Carlos Polit, within the stage of substantiation to the Audit Commission. Pacheco wants...
Posted On 29 Jul 2016
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Dismissal order for mayors of Guayas, Manabi and Esmeraldas

  The first of three mayors who were observed by the National Audit Office was removed from office. This is the mayor of Balzar (Guayas), Cirilo Gonzalez, who left the City Hall last Wednesday, after a majority vote of the City Council that approved the report of the...
Posted On 29 Jul 2016
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Proposals of change overflow the legislative reform in the National Assembly

  Even though 57 sections of reforms to the Organic Law of the Legislative Branch (LOFL for its Spanish acronym) which were discussed in the first debate yesterday at the plenary of the Assembly, changes that are intended to be made to the regulations governing this power of...
Posted On 29 Jul 2016
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The lack of data leaves oil market blind

  The historic drop in oil prices has created a backlog of inventories, most of which are stored in tanks in the United States and other industrialized countries that regularly report on their latest stock levels. However, millions of barrels also end up in destinations...
Posted On 29 Jul 2016
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More patents are requested, but there is little innovation

  The patents granted annually in the country, according to data from the Ecuadorian Institute of Intellectual Property (IEPI for its Spanish acronym), are around twenty. The World Intellectual Property Organization (WIPO) defines patents as “an exclusive right granted...
Posted On 29 Jul 2016
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The opposition is unable to obtain an explanation on the destination of $ 120 million raised by the Solidarity Act

  Alianza PAIS (AP) and its allies rejected two motions filed by Antonio Posso (Avanza party) and Cristina Reyes (MG-PSC party) so that Finance Minister Fausto Herrera, appears before the Assembly and explains the destination of the $ 120 million obtained after the adoption...
Posted On 29 Jul 2016
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The US points to Ecuador, Nicaragua and Haiti for their lack of fiscal transparency

  The US today pointed at Ecuador, Nicaragua, Haiti and Belize among the countries that, in its view, do not have sufficient fiscal transparency within an evaluation that is annually made by the State Department to the nations that receive US aid. This year Ecuador appears...
Posted On 29 Jul 2016
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International aid for the earthquake is of $ 27 million

  Ecuador has received 27 million dollars from the international cooperation for the emergency generated after the earthquake of April 16. The balance was made yesterday by the Coordinating Ministry of Social Development. Gabriela Rosero, head of the ministry, said that...
Posted On 29 Jul 2016
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Players of Independiente del Valle are warmly welcomed upon their arrival

Thursday the heroes of Sangolqui arrived in Ecuador at 17:30. The players of Independiente del Valle had an extraordinary performance in the Libertadores de America cup 2016 and were received with an arc of water in the Marsical Sucre airport, in Quito. Hundreds of fans...
Posted On 29 Jul 2016
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Indecision persists half a year before the presidential elections in Ecuador

  Most citizens have not yet decided who to vote for president, six months and a half before the general elections to be held in the country on February 19, 2017. _ This emerges from the results of recent surveys which reveal that indecision among respondents is at least of...
Posted On 29 Jul 2016
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