Day

Ecuadornews:   Why does Glas feel persecuted? Glas believes “there are two things that Odebrecht will never forgive me for.” The first, for having expelled the company in 2008 and that, after knowing the US report on the fines, the government decided not to pay...

Ecuadornews:     According to the Central Bank, the amount of electronic money circulating was $ 9.77 million as of June 2. This is equivalent to 0.02% of total liquidity. Although this is a very low balance, compared to the liquidity of the economy, that figure...

Ecuadornews:     Not to interfere in investigations that are underway, such as the Odebrecht case, is the particular criterion of legal expert Xavier Zavala Egas, coordinator of the newly formed Anti-Corruption Front. The collective position on this and other issues...

Ecuadornews:     Vice President Jorge Glas said yesterday in a radio interview that Marcelo Odebrecht – who is sentenced in Brazil to 19 years in prison – threatened him some time ago when demanding the integral repair of the San Francisco hydroelectric...

Ecuadornews:     The investigation in the Odebrecht case points to five mega-projects executed between 2011 and 2015. These are the Pascuales-Cuenca Pipeline, the Manduriacu Hydroelectric plant, La Esperanza Aqueduct, the Daule-Vinces Bunkering and the Pacific Refinery...

Ecuadornews:     President Lenin Moreno summoned the heads of the Legislative, Judicial, Electoral and Transparency functions to the Government Palace. Those in charge of the Comptroller’s Office and the Prosecutor’s Office were also present. The heads of...

Ecuadornews:     The reduction of the budget deficit from 7% to 4.6% and a more active participation of the private sector as a “new engine of the economy,” both proposals of the new government in the economic field, generated a number of doubts among...

Ecuadornews:     The Alianza PAIS (PA) closed yesterday the possibility for Vice President Jorge Glas to explain to the Legislature his political role in strategic state companies, something required by the opposition blocks. In two continuous votings, AP won with 73...