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Pretrial detention order “is a political decision of Prosecutor Baca,” says lawyer of Vice-President Jorge Glas

Ecuadornews:     Lawyer of Vice President Jorge Glas, Eduardo Franco Loor, rejected the request of Attorney General Carlos Baca to issue preventive detention against Glas, stating that there are no elements of conviction for the request and stressed that Baca’s...
Posted On 02 Oct 2017
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Motorcycle market expects a sales rise

Ecuadornews:     The motorcycles are the second most used vehicles after cars in the country, according to data from the National Institute of Statistics and Censuses (INEC), which has led the industry to stimulate and encourage local production. However, since the end...
Posted On 02 Oct 2017
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Foreign Ministry started talks on economic and commercial investment with Qatar

Ecuadornews:     Ecuadorian Foreign Minister María Fernanda Espinosa met with Qatar’s ambassador to Ecuador Hassan Al Malki to discuss issues on the bilateral agenda. At the meeting, Espinosa expressed the interest of the Ecuadorian Government to build cooperative...
Posted On 02 Oct 2017
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Transportation and taxes curb vertical growth in Quito

Ecuadornews:     One of Quito’s development goals is to become a more compact city. After the closing of the old airport, a series of city ordinances that tends to a vertical growth of the city was issued. Although there are two 30-story building projects in...
Posted On 02 Oct 2017
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Imports are the key piece of GDP

Ecuadornews:     The economy continues to grow, said yesterday manager of the Central Bank of Ecuador Veronica Artola when presenting the Quarterly National Accounts. In the second quarter of this year (from April to June), the Gross Domestic Product (GDP) grew by 3.3%...
Posted On 02 Oct 2017
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Forum and meeting of the banana sector in Guayaquil

Ecuadornews:     A very active week awaits the banana sector in Guayaquil. Starting today, two events that represent the first non-oil export product are held. This morning, at 09:00, the First International Meeting of Banana Workers is being held at the House of...
Posted On 02 Oct 2017
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The Solicitor General’s Office traces the money route used in the Odebrecht corruption plot

Ecuadornews:     The private accusation of the Solicitor General’s Office against Vice-President Jorge Glas, his uncle Ricardo Rivera, former Comptroller General Carlos Pólit and fifteen others, for the crime of unlawful association in the Odebrecht case, consists...
Posted On 02 Oct 2017
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Germany, a key trading partner of Ecuador

Ecuadornews:     One of Ecuador’s principal trading partners is Germany. This link has been strengthened through bilateral trade, training, international fairs and programs such as dual training, which bring benefits to students and companies. This European power,...
Posted On 02 Oct 2017
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Optimism forgets employment

Ecuadornews:     More than 50 million young people are part of a labor market marked by unemployment, informality, and lack of opportunities. The issue was discussed in the context of preparations for the World Conference on the Sustained Eradication of Child Labor, to...
Posted On 02 Oct 2017
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Glas will not resign even if the PAIS bloc asks for it

Ecuadornews:     A crucial day for Vice President Jorge Glas and, in general, for the country. Not only the precautionary measures issued against him and his uncle in the Odebrecht corruption case will be reviewed today. Glas and Rivera are linked in the corruption plot...
Posted On 02 Oct 2017
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