O’Globo publishes audio that allegedly reveals that Carlos Pólit received cash from Odebrecht

Ecuadornews: Tuesday the Brazilian newspaper O’Globo published an audio recording of a conversation between former Comptroller General Carlos Pólit Faggioni and Odebrecht’s top executive José Conceição dos Santos Filho. In the publication, O’Globo indicates that...
Posted On 01 Aug 2017
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Ecuador manages to restructure debt with French oil company Schlumberger

Ecuadornews:     The Ministry of Hydrocarbons announced on July 1st that the Ecuadorian government had reached an agreement to restructure a $ 850 million outstanding debt with the French oil company Schlumberger. The agreement was signed after negotiations between...
Posted On 01 Aug 2017
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The advisory board says no to higher tariffs

Ecuadornews:     And the dialogue was opened. The tourism sector is the first to analyze five axes in the consultative tables: competitiveness, innovation and quality, investment and financing, tributes, productive environment, and market access. Employers disagree with...
Posted On 01 Aug 2017
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Repatriation of capital is an option to increase investments in the country

Ecuadornews:     Promoting the repatriation of foreign capital is a “beneficial proposal.” This is how economic analysts define it, after the announcement of President Lenin Moreno to create a bill to meet this goal. The Head of the Nation revealed the...
Posted On 01 Aug 2017
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Legislators call for the dismissal of Patricio Rivera

Ecuadornews:     Quito -Patricio Rivera, current adviser to the economic policy and former Minister of Finance in the government of Rafael Correa, is the politician who is the measure that analyzes the opposition sector after knowing the figures of public indebtedness....
Posted On 01 Aug 2017
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Senagua hired public works in ‘record time.’

Ecuadornews:     Hiring consultancies or awarding projects was not complicated at the National Water Secretariat (Senagua). At least, that happened between 2012 and 2014. Now, the prosecutor´s office is investigating. The construction company Odebrecht could be...
Posted On 01 Aug 2017
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The Court is renewed amid criticism

Ecuadornews:     Another State body will be renewed. But the process will be made with the same rules defined in the last decade when the government justified the need to “put its hands on justice.” The National Court, as mandated by the Constitution of...
Posted On 01 Aug 2017
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Miguel Alemán: ‘Caminosca was a money sink and USD 3.1 million was found in unjustified expenses.’

Ecuadornews:     Excerpt of the interview with Miguel Aleman, president of Cardno-Caminosca in Ecuador and attorney for the consortiums responsible for overseeing the Minas San Francisco, Sopladora and Toachi Pilatón projects. Q: Was this emergency measure sufficient?...
Posted On 01 Aug 2017
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Alexis Mera, ‘I never went out in defense of Mr. Rivera, worse now”

Ecuadornews:     Former legal secretary of the Presidency of the government of Rafael Correa, Alexis Mera, went to the Office of the Public Prosecutor Monday to render his version in the case of the Brazilian construction company Odebrecht. According to Mera, there are...
Posted On 01 Aug 2017
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Gaby and Roberto, an example of tenacity in the Ironman 70.3

Ecuadornews:     Gaby Espinosa and her brother Roberto took more than an hour to leave the Malecon Escénico of El Murcielago beach in Manta. Both were the center of attention after swimming, running and cycling 70.3 miles at the Ironman, the extreme triathlon...
Posted On 01 Aug 2017
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