off

A new beginning full of doubts

EcuadorNews: A call that is held in abeyance. The government did not officialize until yesterday afternoon the invitation that President Lenin Moreno made to a group of 13 citizens, some of his team, to join an anti-corruption front. Legislator of the Social Christian Party (PSC)...
Posted On 31 May 2017
, By
off

US mining companies will invest $ 450 million in Ecuador

EcuadorNews: Two US companies will invest between $ 400 million and $ 450 million for the development of Ecuador’s largest gold and silver mine, located in the country’s southern Amazon. Orion Mine Finance Group and Blackstone Tactical Opportunities, both companies...
Posted On 31 May 2017
, By
off

The Justice Commission begins the debate on the Childhood Code

EcuadorNews: Opposite positions will be heard, starting at 09:30 on May 31, at the Justice Commission of the Legislature. Representatives of fathers and mothers groups, for and against shared custody and the division of living expenses, are invited. On May 18, former President...
Posted On 31 May 2017
, By
off

The end of safeguard measures, a blow to smuggling

EcuadorNews: From buying a needle to sewing to an importing truck, all these products paid a 45% surcharge since March 2015. For three guilds consulted, the collection of the tax only opened the door to smuggling, despite all the efforts made by the authorities to control it....
Posted On 31 May 2017
, By
off

Autonomy, the Achilles heel of the Front of Transparency and Fight against Corruption

  EcuadorNews: The intention of President Lenin Moreno to conduct a “major surgery against corruption”, is welcomed in all sectors. However, this is not the case with the announcement of the creation of the Front for Transparency and Fight against Corruption....
Posted On 31 May 2017
, By
off

A debt of $ 2 billion in the first bond issue of Lenin Moreno’s government

EcuadorNews: Ecuador placed new foreign debt for $ 2 billion, after six days of the inauguration of President Lenin Moreno, according to a bulletin issued this afternoon by the Ecuadorian Ministry of Finance. The placement was made in two tranches of $ 1 billion each. The first...
Posted On 31 May 2017
, By
off

Eight bond issuances have been made over four years

EcuadorNews: Less than a week in office, the government of Lenin Moreno resorted to international markets in search of financing. Yesterday, May 30, Ecuador issued sovereign bonds totaling USD 2 billion in two tranches. USD 1 billion at six-year term with an interest of 8.75% and...
Posted On 31 May 2017
, By
off

Fundamedios lists a total of 445 dissolved organizations

EcuadorNews: The figures are impossible, says the group. Fundamedios managed to account for at least 445 civil society organizations that have been dissolved following the enforcement of controversial executive decrees No. 16 and 739. In an investigation released yesterday, the...
Posted On 31 May 2017
, By
off

A special commission will seek amnesty for 177 activists

EcuadorNews:   Legislature President Jose Serrano (AP) announced that a special commission will analyze the request for amnesty for 177 people, filed yesterday by the Confederation of Indigenous Nationalities of Ecuador (Conaie). The letter calls for the immediate release of...
Posted On 31 May 2017
, By
off

Lasso criticizes the new debt issuance and attributes this to Moreno´s austerity 

EcuadorNews: Former presidential hopeful Guillerno Lasso has questioned the $ 2 billion bond issue in the New York market by the government of Lenin Moreno on the morning of May 30. “Sixth day of government, $ 2 billion of NEW DEBT: $ 1,000 million at 8.75% and $ 1,000...
Posted On 31 May 2017
, By
12